Montrose Metro-Sale

Asset Type

Office

Address
11921 Rockville Pike Rockville, MD United States 20852-2757
Asking Price

Contact for pricing

Sq Footage

127,113

Year Built

1987

Cap Rate

N/A

Additional Attributes

Property Description

Located steps from the thriving Pike & Rose development in North Bethesda, the Asset boasts unparalleled visibility on Rockville Pike and immediate access to an amenity-rich environment just one block from the White Flint Metro Station.


The Property has been the beneficiary of numerous capital improvements over the past three years, where recent renovations have included of the Main Lobby, Elevators, Common Areas and Parking Garage.

Investment Highlights

  • 88% leased with 5 years of WALT
  • 32% of tenancy is medical in nature, ensuring a high likelihood of renewal
  • Tenants have immediate access to Pike & Rose, a vibrant 24-acre mixed-use community
  • Recent "Up The Pike" movement by tenants away from downtown Bethesda and towards the asset
  • On-site amenities: fitness center, deli, outdoor seating area
  • One block away from White Flint Metro Station, with access to the Red Line
Listing Contacts
Bill Prutting
Contractor Broker
+65 3159 4021
James Molloy III
James Molloy III
EVP, Capital Markets
+65 3159 4021
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