Brandywine Center | 11810 Parklawn Dr
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Brandywine Center 11810 Parklawn Dr
35,264 SF 100% Leased Office Building Rockville, MD 20852 For Sale
Investment Highlights
- Notably, the building is fully occupied, boasting a Weighted Average Lease Term (WALT) of 9.7 years.
- All tenants operate under full service leases.
Executive Summary
11810 Parklawn Drive (“The Property”) is situated within the North Bethesda submarket of Montgomery County, Maryland,
just to the south of the City of Rockville, at the intersection of Parklawn Drive and Boiling Brook Parkway. It boasts an advantageous location within a prominent office, flex, and industrial cluster in the area. This prime positioning offers convenient accessibility to major roadways, including I-270,I-495, Rt 355, and ICC as well as a plethora of amenities. Amenities include Pike & Rose, Rockville Pike, Montrose Shopping Center, Wintergreen Plaza, Congressional Plaza, and Federal Plaza. Additionally, public transportation is easily accessible, with the White Flint Metro station approximately 1 mile away. This versatile office and flex building is 35,264 SF and is situated on 1.47 acres of land and provides ample parking, with a ratio of 2.7 parking spaces per 1,000 square feet. The site has 254 feet of frontage on Parklawn Drive.
The property can be accessed directly by traffic traveling in either direction on Parklawn Drive. Originally constructed in 1969, the property has been meticulously maintained and remains in exceptional condition. Its design allows for a wide range of potential uses, and currently, it is fully leased to three distinct tenants.
just to the south of the City of Rockville, at the intersection of Parklawn Drive and Boiling Brook Parkway. It boasts an advantageous location within a prominent office, flex, and industrial cluster in the area. This prime positioning offers convenient accessibility to major roadways, including I-270,I-495, Rt 355, and ICC as well as a plethora of amenities. Amenities include Pike & Rose, Rockville Pike, Montrose Shopping Center, Wintergreen Plaza, Congressional Plaza, and Federal Plaza. Additionally, public transportation is easily accessible, with the White Flint Metro station approximately 1 mile away. This versatile office and flex building is 35,264 SF and is situated on 1.47 acres of land and provides ample parking, with a ratio of 2.7 parking spaces per 1,000 square feet. The site has 254 feet of frontage on Parklawn Drive.
The property can be accessed directly by traffic traveling in either direction on Parklawn Drive. Originally constructed in 1969, the property has been meticulously maintained and remains in exceptional condition. Its design allows for a wide range of potential uses, and currently, it is fully leased to three distinct tenants.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
35,264 SF
Building Class
C
Year Built
1969
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
17,632 SF
Slab to Slab
10 ft
Building FAR
0.55
Land Acres
1.47 AC
Zoning
IL
Parking
95 Spaces (2.69 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 04-00056364 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £3,746,003 |
PROPERTY TAXES
Parcel Number
04-00056364
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£3,746,003
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Marek Rich -
Aaron Gambini -
Scheer Partners
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Brandywine Center | 11810 Parklawn Dr
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