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700 Progress Way Gaithersburg, MD 20879
161,855 SF of Industrial Space Available
PARK HIGHLIGHTS
- 750 Progress Way offers 161,855-square-foot leasable industrial warehouse along Interstate 270, just 20 miles northwest of Downtown Washington, DC.
- Strategically located in one of the fastest-growing areas of Maryland, Montgomery County, and within the coveted Interstate 270 corridor.
- Specifications include a 32-foot clear ceiling height, 50-foot by 52-foot column spacing, 50 dock doors, and 3,500-amp, 480/277-volt 3-phase power.
- Adjacent to a recently completed 300,000-square-foot FedEx Ground facility and just south of the new Watkins Mill Interchange.
PARK FACTS
| Total Space Available | 161,855 SF | Park Type | Industrial Park |
| Total Space Available | 161,855 SF |
| Park Type | Industrial Park |
ALL AVAILABLE SPACE(1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SPACE USE
- CONDITION
- AVAILABLE
- 50 Loading Docks
| Space | Size | Term | Rent | Space Use | Condition | Available |
| 1st Floor | 161,855 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application | Industrial | Shell Space | Now |
750 Progress Way - 1st Floor
750 Progress Way - 1st Floor
| Size | 161,855 SF |
| Term | Negotiable |
| Rent | Upon Application |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
- 50 Loading Docks
SELECT TENANTS AT THIS PROPERTY
- FLOOR
- TENANT NAME
- INDUSTRY
- 1st
- AstraZeneca
- Manufacturing
- 1st
- Daiken
- Manufacturing
PARK OVERVIEW
700 and 750 Progress Way in Gaithersburg, Maryland, is a Class A, 44-acre industrial park fronting Interstate 270 at the Montgomery Village Avenue exit. Available for lease, 750 Progress Way offers 161,855 square feet of industrial warehouse space, featuring a 32-foot clear ceiling height, 50-foot by 52-foot column spacing, 50 dock doors, LED lighting, and 3,500-amp, 480/277-volt, 3-phase power. Tenants have access to two employee amenity areas and a linear park, which has outdoor seating, green space, an electric vehicle charging station, and on-site retailers like Chick-fil-A and Sheetz. The property is next door to the recently constructed 300,000-square-foot FedEx Ground facility and just south of the new Watkins Mill Interchange. 700 Progress Way is fully leased to AstraZeneca, a global science-led biopharmaceutical company. Gaithersburg presents a robust workforce, strategic location, and excellent accessibility to provide an inviting business environment in the southern Maryland region. The site is conveniently located along Interstate 270 and Route 355, 6 miles north of the beltway and 20 miles northwest of Downtown Washington, DC. This high-barrier-to-entry Montgomery County location serves over 6.2 million residents in the Washington, DC, MSA, making it an excellent headquarters or distribution location. 750 Progress Way further benefits from nearby access to Ronald Reagan Washington National Airport, Dulles International Airport, and the Port of Baltimore, reaching all within an hour’s drive.
PARK BROCHURE
ABOUT WASHINGTON – GAITHERSBURG INDUSTRIAL FOR LEASE
This corridor of Montgomery County is one of the fastest-growing areas of Maryland. Rockville, Shady Grove, and Gaithersburg are three of the biggest areas in which to find office complexes. In fact, in the larger Interstate 270 Corridor, these three towns are at the heart of an emerging technology scene.
The Interstate 270 Corridor is known as the I-270 Technology Corridor or DNA Alley. It’s anchored by over a dozen federal agencies and private national technology and biotechnology firms. The U.S. Department of Health & Human Services and the National Institute of Health anchor this corridor and make Rockville, Shady Grove, and Gaithersburg a top destination for venture capitalists. Among sizable office tenants, Gaithersburg is home to Medimmune, Adventist Healthcare, Emergent BioSolutions, and Novavax.
Commercial real estate development over the past decade has made Gaithersburg a better place to live and work. More than 4,000 apartment units have been built over the past 10 years, helping to house the increasing number of young, highly educated, and talented workers coming to DNA Alley to start their careers.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Chick-Fil-A | - | - | 1 min walk |
| Ichiban Restaurant | Japanese | ££ | 4 min walk |
| Harvest Plates & Pints | American | £ | 6 min walk |
| Perroloco Colombian | Burgers | £ | 8 min walk |
| Chinese Express | Chinese | £ | 9 min walk |
| Firehouse Deli | Deli | £ | 9 min walk |
| Okey Poke | Japanese | - | 10 min walk |
| Pho Chi | Vietnamese | £ | 9 min walk |
| Dunkin' | Cafe | - | 9 min walk |
| B & Y Deli | Vietnamese | £ | 10 min walk |
RETAIL |
||
|---|---|---|
| Wells Fargo | Bank | 4 min walk |
| Capital One | Bank | 7 min walk |
| Costco Wholesale | Wholesale Club | 6 min walk |
| Citi | Bank | 9 min walk |
| State Farm | Insurance | 9 min walk |
| Burlington | Dept Store | 9 min walk |
| Weis Markets | Supermarket | 9 min walk |
| Sam's Club | Wholesale Club | 11 min walk |
HOTELS |
|
|---|---|
| DoubleTree by Hilton |
298 rooms
4 min drive
|
| Homewood Suites by Hilton |
123 rooms
4 min drive
|
| Holiday Inn |
160 rooms
3 min drive
|
| TownePlace Suites |
90 rooms
5 min drive
|
| Motel 6 |
111 rooms
4 min drive
|
| Hampton by Hilton |
125 rooms
6 min drive
|
| Extended Stay America Suites |
87 rooms
6 min drive
|
| Extended Stay America Suites |
101 rooms
6 min drive
|
| SpringHill Suites |
162 rooms
9 min drive
|
| Spark by Hilton |
177 rooms
9 min drive
|
LEASING AGENT
LEASING AGENT
James Matan, Director, Leasing
ABOUT THE OWNER
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700 Progress Way | Gaithersburg, MD 20879
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