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Bldg. 1 25 Chestnut St 11,668 SF 2% Leased Industrial Building Gaithersburg, MD 20877 $5,400,000 ($462.80/SF)
EXECUTIVE SUMMARY
Building #1
• First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors.
• Second floor contains approx. 5,700 SF of nicely finished office.
Building #2
• Approx. 7,795SF of fully leased office/warehouse space.
• Approx. 6,150 SF of warehouse.
Features
• Building #1 to be delivered vacant for owner/investor.
• Property is zoned I-1 (Light Industrial).
• Auto repair & service permitted in this zone.
• Many other uses allowed in the I-1 zone.
• Lot Size: 46,660 SF.
Sales Price
• $5,400,000.00
Lease Rate
• $14/SF NNN (NNN approx. $3.00)
PROPERTY FACTS
| Price | $5,400,000 | Rentable Building Area | 11,668 SF |
| Price Per SF | $462.80 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Property Type | Industrial | Parking Ratio | 2.57/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.59 AC | Opportunity Zone |
Yes
|
| Zoning | I-1 | ||
| Price | $5,400,000 |
| Price Per SF | $462.80 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.59 AC |
| Rentable Building Area | 11,668 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.57/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-1 |
AMENITIES
- Air Conditioning
UTILITIES
- Water - City
- Sewer - City
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Warehouse/Office Property For Sale or Lease Building #1 • First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors. • Second floor contains approx. 5,700 SF of nicely finished office. Building #2 • Approx. 7,795SF of fully leased office/warehouse space. • Approx. 6,150 SF of warehouse. Features • Building #1 to be delivered vacant for owner/investor. • Property is zoned I-1 (Light Industrial). • Auto repair & service permitted in this zone. • Many other uses allowed in the I-1 zone. • Lot Size: 46,660 SF. Sales Price • $5,400,000.00 Lease Rate • $14/SF NNN (NNN approx. $3.00)
Warehouse/Office Property For Sale or Lease Building #1 • First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors. • Second floor contains approx. 5,700 SF of nicely finished office. Building #2 • Approx. 7,795SF of fully leased office/warehouse space. • Approx. 6,150 SF of warehouse. Features • Building #1 to be delivered vacant for owner/investor. • Property is zoned I-1 (Light Industrial). • Auto repair & service permitted in this zone. • Many other uses allowed in the I-1 zone. • Lot Size: 46,660 SF. Sales Price • $5,400,000.00 Lease Rate • $14/SF NNN (NNN approx. $3.00)
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,700 SF | Flex | Full Build-Out | Now |
| 1st Floor | 5,700 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 5,700 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 5,700 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,700 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Warehouse/Office Property For Sale or Lease Building #1 • First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors. • Second floor contains approx. 5,700 SF of nicely finished office. Building #2 • Approx. 7,795SF of fully leased office/warehouse space. • Approx. 6,150 SF of warehouse. Features • Building #1 to be delivered vacant for owner/investor. • Property is zoned I-1 (Light Industrial). • Auto repair & service permitted in this zone. • Many other uses allowed in the I-1 zone. • Lot Size: 46,660 SF. Sales Price • $5,400,000.00 Lease Rate • $14/SF NNN (NNN approx. $3.00)
1st Floor
| Size | 5,700 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Warehouse/Office Property For Sale or Lease Building #1 • First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors. • Second floor contains approx. 5,700 SF of nicely finished office. Building #2 • Approx. 7,795SF of fully leased office/warehouse space. • Approx. 6,150 SF of warehouse. Features • Building #1 to be delivered vacant for owner/investor. • Property is zoned I-1 (Light Industrial). • Auto repair & service permitted in this zone. • Many other uses allowed in the I-1 zone. • Lot Size: 46,660 SF. Sales Price • $5,400,000.00 Lease Rate • $14/SF NNN (NNN approx. $3.00)
PROPERTY TAXES
| Parcel Number | 09-03310305 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,922,800 |
PROPERTY TAXES
Presented by
Bldg. 1 | 25 Chestnut St
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