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2401-2419 University Blvd W 2,434 SF of Office/Retail Space Available in Wheaton, MD 20902
HIGHLIGHTS
- Busy strip center with customer parking both in front and rear, located at the corner of Georgia Avenue and University Blvd., in Wheaton, MD
- Georgia Avenue is one of the busiest roads in Montgomery County with traffic counts of 40,000 per day.
- Three blocks from subway station. New Avelon Bey residential apartments (300+ units) locatd directly across the street.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2403 | 2,434 SF | 1-7 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2401-2419 University Blvd W - 1st Floor - Ste 2403
Join 24 Tenants at the Wheaton Shopping Center, a busy strip center with customer parking both in front and rear, located at the corner of Georgia Avenue and University Blvd., in Wheaton, MD, three blocks from the Metro Station. The New Avalon Bey residential apartment building (300 + units) is located directly across the street.
- Partially Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Fits 7 - 20 People
- Space In Need of Renovation
- Central Air and Heating
- In-line space in the center
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 | 2,434 SF | Gross Leasable Area | 18,733 SF |
| Center Type | Strip Center | Total Land Area | 0.61 AC |
| Parking | 40 Spaces | Year Built | 1951 |
| Center Properties | 1 |
| Total Space Available | 2,434 SF |
| Center Type | Strip Center |
| Parking | 40 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 18,733 SF |
| Total Land Area | 0.61 AC |
| Year Built | 1951 |
NEARBY MAJOR RETAILERS
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2401-2419 University Blvd W
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