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12069 Tech Rd
Silver Spring, MD 20904

$1,200,000 USD

Light Manufacturing Condo For Sale  •  5,168 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 5,618 SF
  • Lot Size 5.28 AC
  • Building Class C
  • Year Built 1988
  • Tenancy Multiple
  • Zoning CR
50 Transit Score
39 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 12069 Office 5,168 SF $1,200,000 USD
  • Unit Size: 5,168 SF
  • Condo Use: Office
  • Price: $1,200,000 USD
  • Sale Type: Owner User
  • Price/SF: $232.20 USD
Description
There are 294 lined parking spaces / 17 units = 17 per unit. 2 more spaces directly behind the overhear doors. Probably 6 other unassigned areas available for parking. At this point, there is no dedicated parking, but the BOD is authorized to approve parking policy.
Condo Association – Reserves adequately funded. Recent roof replacement (60%). Condo responsibility.

Sale Notes
General details of 12069 Tech Rd.

HVAC – Installed 5/27/2020 Trane 5 Ton 18 SER 13.2 EER Downstairs, Trane 3 Ton Upstairs – Model XL18i 2-stage Outdoor A/C and XV80 2-stage gas furnace. 10-year parts, 12-year compressor, 5-year labor warranty, heat exchanger 20-year warranty. Smart control thermostat.

2 electrical panels – 24 breakers downstairs 18 breakers upstairs

$60,000 upgrade done 2018 – LVP downstairs foyer, halls, kitchen/conference area, new carpet throughout. Fresh paint, kitchen, cabinets, refrigerator, sink, new bathroom fixtures, tile/shower, countertops & vanities, reception area coffee bar. New windows downstairs (4). New trim. LED lighting throughout. New water heater. Professionally decorated.

Downstairs:
Reception area with coffee bar and refrigerator. TV rough in.
1 large office, 3 smaller offices, reception area, large conference area used for employees. Supply cabinets and postage meter area.
Kitchen area with sink, refrigerator, and cabinets.
Assembly room – currently used by admin staff. It was used for our servers and backup computer systems. 
Warehouse area. 20’ ceilings with full roll-up door..
2 bathrooms, one with a shower.

Upstairs:
Finished - 3 offices w/ reception area and large conference area (separate for 2 additional offices).  Approximately 1056 sq ft finished (44 x 24). Office supply cabinets.
Bathroom
Mezzanine – 1,200 sq ft main mezzanine + 256 sq ft supplemental
Alarm system
Network hard-wired for offices

Description

Montgomery Industrial Park, Flex Condo and Duplex Units.

Highlights

Flex 20ft ceilings, rollup drive in, directly off Route 29 and 2 miles from the interconnect and interstate 95.

Property Flyers

Financial Summary

Total Expenses: $0 USD

Amenities

  • Mezzanine
  • Security System
  • Accent Lighting
  • Reception
  • Recessed Lighting
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Silver Spring (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) 15 min - 6.1 mi
Muirkirk (Camden Line - Maryland Area Regional Commuter Trains (The MARC)) 10 min - 6.7 mi
AirportDriveWalkDistance
Baltimore-Washington International 28 min - 24.1 mi
Ronald Reagan Washington National 37 min - 25.8 mi
Washington Dulles International 42 min - 33.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 173
Type: Surface
Included in Rent: Yes
Randy Pinato 443-253-8800 R & R Commercial Realty
Randy Pinato 443-253-8800 R & R Commercial Realty