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INVESTMENT HIGHLIGHTS
- Prime Bethesda location near NIH and Walter Reed
- Flexible zoning with special exception for office use
- Includes built-out apartment and income-producing antenna lease
- Exceptional visibility along Rockville Pike corridor
- Ample surface parking and strong infrastructure
EXECUTIVE SUMMARY
CPG, as exclusive representative to the Seller, is pleased to present 9190 Rockville Pike in Bethesda, MD (the "Property"). The 1.78 acres Property is improved with a 3 story, 34,207 SF office building with 82 surface parking spaces that has served the National Capital Area Council of Boy Scouts of America. 9190 Rockville Pike is prominently located at the northwest intersection of Rockville Pike and W Cedar Lane. The Property is surrounded by residential uses to the north and west and the National Institutes of Health(NIH), Walter Reed National Military Medical Center Campus, and Stone Ridge School of the Sacred Heart to the south and east. The Property is conveniently located in close proximity to I-495 (0.55 miles), I-270 (0.60 miles), Medical Center Metro Station (0.55 miles), and Downtown Bethesda(1.0 mile).
The Property has significant frontage and visibility on Rockville Pike (59,000+ VPD) making it an ideal location for a business, organization, foundation, or school/ daycare. The interior of the Property contains a large lobby/ waiting area, multiple conference rooms, private offices, kitchens, a print shop, a large open office area partitioned into cubicles, an abundance of storage areas, and a fully built out apartment in the lower level. The Property can be occupied
immediately upon purchasing.
9190 Rockville Pike represents a rare opportunity to purchase an office building in a prominent central location of Bethesda. Given its prime location, the Property also has future development potential when the functional life of the building has ended or expansion is desired. Please do not hesitate to contact CPG with any questions you may have regarding this special opportunity.
The Property has significant frontage and visibility on Rockville Pike (59,000+ VPD) making it an ideal location for a business, organization, foundation, or school/ daycare. The interior of the Property contains a large lobby/ waiting area, multiple conference rooms, private offices, kitchens, a print shop, a large open office area partitioned into cubicles, an abundance of storage areas, and a fully built out apartment in the lower level. The Property can be occupied
immediately upon purchasing.
9190 Rockville Pike represents a rare opportunity to purchase an office building in a prominent central location of Bethesda. Given its prime location, the Property also has future development potential when the functional life of the building has ended or expansion is desired. Please do not hesitate to contact CPG with any questions you may have regarding this special opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
34,207 SF
Building Class
B
Year Built
1973
Price
$15,168,230 CAD
Price Per SF
$443.42 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
11,402 SF
Building FAR
0.44
Lot Size
1.78 AC
Zoning
R-60
Parking
82 Spaces (2.64 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 07-00430975 | Improvements Assessment | $5,993,081 CAD |
| Land Assessment | $1,181,007 CAD | Total Assessment | $7,174,088 CAD |
PROPERTY TAXES
Parcel Number
07-00430975
Land Assessment
$1,181,007 CAD
Improvements Assessment
$5,993,081 CAD
Total Assessment
$7,174,088 CAD
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9190 Rockville Pike
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