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5420 Olney Laytonsville Rd 6,072 SF of Office/Medical Space Available in Olney, MD 20832
Sublease Highlights
- 6,725 SF medical/office space available for sublease
- Sublease term through September 30, 2028
- Professional medical buildout previously occupied by National Retinal Institute
- Full-service rate of $35.93 PSF
- Standalone stone and siding building with cottage-style design
- Spacious waiting room and reception with granite countertop
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,072 SF | Negotiable | $35.93 /SF/YR $2.99 /SF/MO $218,167 /YR $18,181 /MO | Full Service |
1st Floor
This 6,725 SF medical/office sublease is located at 5420 Olney Laytonsville Road in Olney, Maryland. The space is housed in a charming standalone building featuring stone and siding construction with cottage-style architecture and strong curb appeal. Formerly occupied by the National Retinal Institute, the property offers a professional medical buildout ready for immediate occupancy. Interior finishes include modern wood-look flooring throughout, an updated reception area with granite countertops, and tastefully renovated restrooms. The layout supports medical and office users with multiple exam and treatment rooms, private offices, and ample natural light from skylights. The property benefits from ample free surface parking for both staff and patients. [Olney Brochure | PDF]
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Medical Space
- Fits 16 - 49 People
- Space is in Excellent Condition
- Located in-line with other retail
- 6,725 SF medical/office space available
- Full-service rate of $35.93 PSF
- Professional medical buildout
- Spacious waiting room
- Multiple exam and treatment rooms
- Ample free surface parking on site
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.
Property Facts
| Total Space Available | 6,072 SF | Gross Leasable Area | 6,072 SF |
| Property Type | Retail | Year Built | 1969 |
| Property Subtype | Auto Dealership | Parking Ratio | 5.6/1,000 SF |
| Total Space Available | 6,072 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 6,072 SF |
| Year Built | 1969 |
| Parking Ratio | 5.6/1,000 SF |
About the Property
This 6,725 SF medical/office sublease is located at 5420 Olney Laytonsville Road in Olney, Maryland. The space is housed in a charming standalone building featuring stone and siding construction with cottage-style architecture and strong curb appeal. Formerly occupied by the National Retinal Institute, the property offers a professional medical buildout ready for immediate occupancy. Interior finishes include modern wood-look flooring throughout, an updated reception area with granite countertops, and tastefully renovated restrooms. The layout supports medical and office users with multiple exam and treatment rooms, private offices, and ample natural light from skylights. The property benefits from ample free surface parking for both staff and patients.
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5420 Olney Laytonsville Rd
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