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21882 F D R Blvd 2,471 - 26,523 SF of Office Space Available in Lexington Park, MD 20653
Highlights
- Office suites (2,729–3,133 SF) with efficient layouts, ideal for professional, administrative, or small team operations
- High ceilings and minimal obstructions in the flex space allow for efficient layouts and maximum usability
- Renovated in 2025 with updated interiors, improving functionality and overall tenant experience
- 15,360 SF former gymnastics center featuring a large open-span design suited for high-capacity or specialized uses
- Flexible use potential including office, fitness, recreation, training, or other specialty commercial concepts
- Ample on-site parking with convenient access to surrounding retail, services, and major employment drivers
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B5 | 2,830 SF | Negotiable | $25.99 CAD/SF/YR $2.17 CAD/SF/MO $73,557 CAD/YR $6,130 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B6 | 2,729 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste B7 | 3,133 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste B8 | 2,471 SF | Negotiable | $25.99 CAD/SF/YR $2.17 CAD/SF/MO $64,226 CAD/YR $5,352 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Gym | 15,360 SF | Negotiable | $20.52 CAD/SF/YR $1.71 CAD/SF/MO $315,187 CAD/YR $26,266 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B5
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Located in-line with other retail
1st Floor, Ste B6
- Partially Built-Out as Standard Office
- Space is in Excellent Condition
1st Floor, Ste B7
- Partially Built-Out as Standard Office
- Space is in Excellent Condition
1st Floor, Ste B8
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1st Floor, Ste Gym
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 26,523 SF | Gross Leasable Area | 26,523 SF |
| Property Type | Retail | Year Built | 1986 |
| Property Subtype | Movie Theatre |
| Total Space Available | 26,523 SF |
| Property Type | Retail |
| Property Subtype | Movie Theatre |
| Gross Leasable Area | 26,523 SF |
| Year Built | 1986 |
About the Property
Flexible leasing opportunity featuring a mix of traditional office suites and a large open-span former gymnastics center. The office spaces offer efficient layouts suited for professional users, while the former gymnastics center provides expansive, high-volume space ideal for fitness, recreation, or specialized uses. Recent updates completed in 2025 enhance the overall appeal, supported by ample parking and a strategic location near major employment drivers and retail amenities.
Nearby Major Retailers
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21882 F D R Blvd
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