12300 Washington Ave
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12300 Washington Ave
17,880 SF 100% Leased Light Industrial Building Rockville, MD 20852 For Sale
Investment Highlights
- Thriving in-fill industrial submarket with only a 5.0% vacancy rate
- Premier location provides immediate access to I-270, Rockville Pike, and WMATA’s Red Line via the Twinbrook station
- Located adjacent to the Twinbrook redevelopment plan providing future upside and additional mixed-use
- Excellent regional connectivity via highway accessibility with proximity to I-495 (the Capital Beltway)
Executive Summary
12300 Washington Ave is located within the Rockville submarket of Montgomery County, Maryland. Regarded as one of the most sought-after industrial markets in the DC Metro Region, the location offers excellent regional connectivity with accessibility to I-495 (the Capital Beltway) and I-270. Located within the Twinbrook redevelopment plan, the area surrounding the subject property has welcomed several mixed-use and residential developments over the past few years. The submarket’s proximity to the WMATA’s Twinbrook station and major regional highways has attracted residents and employers alike.
Link To CBRE Listing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=VcJnmoJ9fVQSUo2C3Y06GLAj_vgfVo_jGHL9Gb2nHuLbgFwY4csFwR5-d6bb73VP#_top
Link To CBRE Listing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=VcJnmoJ9fVQSUo2C3Y06GLAj_vgfVo_jGHL9Gb2nHuLbgFwY4csFwR5-d6bb73VP#_top
Property Facts
| Sale Type | Investment NNN | Number of Floors | 2 |
| Property Type | Light Industrial | Year Built | 1962 |
| Property Subtype | R&D | Parking Ratio | 1.79/1,000 SF |
| Building Class | B | Clear Ceiling Height | 12 ft |
| Lot Size | 0.24 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 17,880 SF |
| Sale Type | Investment NNN |
| Property Type | Light Industrial |
| Property Subtype | R&D |
| Building Class | B |
| Lot Size | 0.24 AC |
| Rentable Building Area | 17,880 SF |
| Number of Floors | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.79/1,000 SF |
| Clear Ceiling Height | 12 ft |
| No. Dock-High Doors/Loading | 2 |
Amenities
- Bio-Tech/ Lab Space
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £224,444 | Total Assessment | £2,298,515 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£224,444
Improvements Assessment
£0
Total Assessment
£2,298,515
zoning
| Zoning Code | IL 1.0 |
| IL 1.0 |
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Marc Rampulla -
Scott Frankel -
Brian Saal -
CBRE
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12300 Washington Ave
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