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Medical For Sale • 58,081 SF
| 58,081 SF medical office building on a 15,339 SF lot with 50 commercial units, including three retail units on Wisconsin Ave, in Downtown Bethesda, MD |
| Value-add opportunity through utilization of existing medical office tenancy/infrastructure and increasing occupancy by modernizing vacant spaces. |
| Surrounded by affluent communities, the average household income of $248,000 and 81% of the workforce holding a bachelor’s degree or higher. |
| Proximity to major medical institutions: 0.3 mi National Institutes of Health, 0.7 mi Walter Reed National Military Medical; 1.2 mi Suburban Hospital |
| Prime location and frontage on both Wisconsin and Woodmont Ave grants flexibility in potential repurposing, adaptive reuse, or redevelopment |
| Major recent CAPEX: Roof replacement (’21), HVAC replacement (’19), Elevator upgrades (’15), and Electrical switchgear/Distribution upgrades (’16) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Kensington (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) | 9 min | - | 3.7 mi |
| Garrett Park (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) | 10 min | - | 4.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Medical Center (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) | 2 min | 10 min | 0.5 mi |
| Bethesda (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) | 2 min | 11 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Ronald Reagan Washington Ntl | 24 min | - | 12.4 mi |
| Washington Dulles International | 43 min | - | 26.2 mi |
| Baltimore/Washington International Thurgood Marshall | 47 min | - | 34.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
