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12331-12337 Georgia Ave 1,444 SF of Retail Space Available in Silver Spring, MD 20906
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12331-A | 1,444 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 12331-A
This retail space offers a prime location within Glenmont Shopping Center, a highly trafficked community retail hub along Georgia Avenue. Spanning 1,444 square feet, the space sits adjacent to established national and regional brands including Staples, CVS, Lidl, McDonald’s, Starbucks (coming soon), and SunTrust. The property benefits from exceptional visibility and high daily traffic counts of approximately 40,989 CPD along Georgia Avenue and 27,880 CPD along Randolph Road. The center provides ample surface parking and excellent ingress/egress from both major thoroughfares, creating ease for customers and tenants alike. With strong co-tenancy, including well-known restaurant chains and essential retail services, this location is well-suited for a variety of retail concepts. Located in a dense suburban area with robust population growth, the site offers easy access to public transit and is minutes from major highways connecting to Washington, D.C., and surrounding communities.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Positioned in Glenmont Shopping Center
- Excellent visibility from Georgia Avenue
- Strong national tenants nearby
- Ample surface parking provided
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 12331-12337 Georgia Ave, Silver Spring, MD 20906
- Tenant
- Description
- US Locations
- Reach
- East Hill Corp
- Public Administration
- 1
- -
- RJS Furniture & Bedding
- Furniture/Mattress
- 1
- -
- Subway
- Sub Sandwich
- 26,341
- International
- T Nails
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| East Hill Corp | Public Administration | 1 | - |
| RJS Furniture & Bedding | Furniture/Mattress | 1 | - |
| Subway | Sub Sandwich | 26,341 | International |
| T Nails | Services | 1 | - |
Property Facts
| Total Space Available | 1,444 SF | Gross Leasable Area | 35,000 SF |
| Property Type | Retail | Total Land Area | 2.63 AC |
| Property Subtype | Storefront | Year Built | 1990 |
| Total Space Available | 1,444 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 35,000 SF |
| Total Land Area | 2.63 AC |
| Year Built | 1990 |
Features and Amenities
- Air Conditioning
Nearby Major Retailers
Presented by
12331-12337 Georgia Ave
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