10000 Falls Rd | Potomac, MD 20854
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10000 Falls Rd
Potomac, MD 20854
The Bank of America Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- HIGHLY COMMITTED, CREDIT GRADE ANCHOR:26% of the Property is leased by Bank of America, which has been in tenancy since 1993.
- MONTGOMERY COUNTY’S MOST COVETED INTERSECTION: The Property boasts prime frontage on Falls & River Road, with over 19,000 vehicles passing daily.
- CONSISTENTLY OUTPERFORMS THE MARKET: The Property has maintained an occupancy rate of no less than 94% since 2019.
- IMPRESSIVE NET EFFECTIVE RENTS: All 4 leases executed in 2024 came with a base rent in the mid $40's PSF with an average TI spend of $5 PSF.
PROPERTY FACTS
Property Type
Building Size
27,408 SF
Building Class
B
Year Built/Renovated
1974/2008
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,852 SF
Slab To Slab
9’
Building FAR
0.73
Lot Size
0.87 AC
Zoning
NR0.7 - Commercial zoning
Parking
86 Spaces (3.14 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Controlled Access
- Central Heating
- Fully Carpeted
- Natural Light
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10-00870516 | Improvements Assessment | $16,402,000 |
| Land Assessment | $1,541,900 | Total Assessment | $17,943,900 |
PROPERTY TAXES
Parcel Number
10-00870516
Land Assessment
$1,541,900
Improvements Assessment
$16,402,000
Total Assessment
$17,943,900
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