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808 Hungerford Dr 8,960 SF 100% Leased Retail Building Rockville, MD 20850 For Sale
Investment Highlights
- Located in Montgomery County’s Rockville submarket with immediate Metro access and commuter rail connectivity.
- 45 on-site surface parking spaces provide excellent convenience for tenants and visitors.
- Zoning (MXCD) allows for a range of retail and commercial uses, enhancing long-term adaptability.
- Positioned at a signalized intersection along Frederick Avenue with daily traffic counts over 45,700 vehicles.
- Currently 80% occupied with existing leases secured through September 2028, ensuring income stability.
- High walkability with a Walk Score of 81 and proximity to major retail, dining, and employment centers.
Executive Summary
Strategically located at 808 Hungerford Drive, this freestanding retail property offers an outstanding investment opportunity within Montgomery County’s thriving Rockville submarket. Positioned along Frederick Avenue (MD Route 355), this highly visible asset benefits from substantial daily traffic counts of over 45,700 vehicles and strong pedestrian connectivity, generating consistent tenant demand.
The 8,960 square-foot building sits on a 0.48-acre lot and is complemented by 45 surface parking spaces, ensuring superior accessibility for customers and employees. The property is zoned MXCD, allowing for a range of commercial uses, and is currently 80% occupied with leases extending through September 30, 2028, providing investors with stable in-place income.
Located at a signalized intersection and boasting a Walk Score of 81, this site offers seamless connectivity to Metro and commuter rail services, as well as major employment and residential hubs across the Washington, D.C. region. With its combination of strong traffic counts, established tenancy, and premier submarket positioning, this asset represents a compelling long-term value proposition for retail investors seeking a well-located income-producing property.
The 8,960 square-foot building sits on a 0.48-acre lot and is complemented by 45 surface parking spaces, ensuring superior accessibility for customers and employees. The property is zoned MXCD, allowing for a range of commercial uses, and is currently 80% occupied with leases extending through September 30, 2028, providing investors with stable in-place income.
Located at a signalized intersection and boasting a Walk Score of 81, this site offers seamless connectivity to Metro and commuter rail services, as well as major employment and residential hubs across the Washington, D.C. region. With its combination of strong traffic counts, established tenancy, and premier submarket positioning, this asset represents a compelling long-term value proposition for retail investors seeking a well-located income-producing property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,960 SF
Building Class
C
Year Built
1967
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.53 AC
Zoning
MXCD
Parking
30 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
128’ on Hungerford Dr
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00144648 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,698,618 CAD |
Property Taxes
Parcel Number
04-00144648
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,698,618 CAD
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808 Hungerford Dr
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