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)) | 8 min | - | 3.7 mi |
Garrett Park (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) | 9 min | - | 4.1 mi |
Transit/Subway | Drive | Walk | Distance |
Medical Center (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) | 1 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 | 23 min | - | 12.4 mi |
Washington Dulles International | 42 min | - | 26.2 mi |
Baltimore/Washington International Thurgood Marshall | 46 min | - | 34.2 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |