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1305-1327 University Blvd E
Takoma Park, MD 20912

$3,900 USD/MO

Freestanding For Lease  •  650 SF

Property Details

  • Property Type Freestanding
  • Year Built 1963
  • Total Building Size 34,051 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning CRT2
61 Transit Score
85 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 650 SF $72.00 USD/SF/YR
This is a sublet with 3 years remaining on the current lease which can be extended.  The lease owner says EVERYTHING is negotiable.  Basically owner wants $3900 pm plus CAM expenses for approx 650 square feet w/2 front entrances & excellent visibility on a very high-traffic street w/good pedestrian traffic too and easy parking. The owner of the lease wants to reserve the back office for the months of Jan-April to operate their tax service from that office. The rest of the year whole space is yours and you keep 80% of the space even then. They may want to sell their tax business also but it is not currently listed with this agreement. The legal address of the property is 7663 New Hampshire Avenue public record 16130366994.  The landlord is ok for it to have DHL, FedEx, taxes, notary public, check cashing, and it has a Western Union license which the current tenant can negotiate the sale of, and tags and title.  The current lease holder prefers to sublease it part furnished.  Has a front reception area, a long counter for applications, and two back offices.  It also has a rear kitchenette and shares a bathroom with the sublease next door. It has a bulletproof glass counter and 2 front doors.  The lease ends in October 2027 so good for sublease till then. The leaseholder can negotiate a 10-year lease extension after the 3-year term is finished. The current tax business may be for sale and the business owner will train the next company/person how to operate and they have a book of clients. 
This is in the City of Takoma Park at Takoma/Langly Crossroads which is a vibrant and busy community.  The Traffic Count is very high 38,933. There is plenty of parking in front and along both sides. Multiple bus lines on the street and just down from the intersection of New Hampshire Avenue and University Boulevard.  The Purple Line is coming in 27 for longer-term prospects.  Again, owner says negotiable!

  • Date available: Now
  • Lease term: None
  • Service type: Modified Gross
  • Built out as: Professional Services
  • Space Type: Sublet

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Monument Signage

Major Tenants

Tenant SF Occupied Lease End Date
Capital Stores 1,702 SF
Capitol Kidz 3,405 SF
Cricket 1,300 SF
Dima Furniture 2,383 SF
Discount Mart 12,250 SF 6/30/2024
El Marinero Carry Out 1,500 SF
Elegante By Ezel 1,702 SF
FirstCash, Inc. 2,744 SF
My Tax Business 1,021 SF
TJ Beer & Wine 1,021 SF

Public Transportation

Commuter RailDriveWalkDistance
College Park Marc Nb (CAMDEN - WASHINGTON - Maryland Transit Administration) 10 min - 3.5 mi
Silver Spring (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) 9 min - 3.6 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 23 min - 12.2 mi
Baltimore/Washington International Thurgood Marshall 39 min - 28.7 mi
Washington Dulles International 52 min - 32.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
David Maplesden 202-270-7253 Long and Foster Real Estate
David Maplesden 202-270-7253 Long and Foster Real Estate