6177-6183 Executive Blvd 7,246 SF 100% Leased Office Building Rockville, MD 20852 $2,599,980 ($358.82/SF) 6.46% Cap Rate

The Entire Stand Alone Building is For Sale. It is comprised of 5 Separate Condominium Units in the Executive Office Park.
$2,599,980 FOR SALE OWNER/USER OR INVESTOR
5 Office Condo Units (6175,6177,6179, 6181,6183)
One Stand Alone Building
7,246 Square Feet
6175,6177,6179, 6181,6183 Executive Blvd North Bethesda, MD 20852
OWNER/USER OR INVESTOR
$ 949,995 6183 Executive Blvd North Bethesda, MD 20852
$ 459,995 6181 Executive Blvd North Bethesda, MD 20852
$ 749,995 6177 Executive Blvd North Bethesda, MD 20852 (6175 & 6177)
$ 439,995 6179 Executive Blvd North Bethesda, MD 20852
6183 Executive Blvd North Bethesda, MD 20852
Unit 6183 is Approx 2,999 SF including extra storage area
The Unit has been subdivided into two separate Units with two Tenants.
$6,245/mo Total Current Rent plus any increases in Base Condo fees or Base Taxes
Graphics Company Current Lease Term 3/1/26-3/31/31.
Medical Practice Current Term 3/1/26-6/30/28.
Landlord Responsible for Base YR RE Taxes, Base YR Condo Fees, Capital Expenditures
Tenants Responsible for any increases from Base YR RE Taxes and Condo Fees
Tenants Responsible for all Repairs/Maint, HVAC Maint, Utilities, Water, Sewer, Electric, Janitorial WIFI etc. all billed on a separate meter.
Total RE Taxes (7/1/25-6/30/26) $11,396.79
Tenants Reimburses RE Taxes in excess of Base Yr Rate
Total Condo Fees $591.00/mo. Tenant Reimburses Condo Fees in excess of Base Yr Rate
Condo Fee includes Prof Mgmt, Exterior Maint, Roof, Structure, Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Beautiful 2 Story Office Condo renovated with many upgrades
High Ceilings with Spacious Furnished Reception Area
Kitchenette with Custom Cabinets and Granite Countertops
Conference Room
2 Private Bathrooms
11 Offices (7 Main Level and 4 Upper Level)
Beautiful Glass Enclosed Upper Offices
Upgraded energy efficient lighting and ceiling tiles
Lots of Natural Light with Oversized Windows
2 HVAC Systems with multiple Zones
$114,000 in Renovation Upgrades
Large Storage area
Security System
Carpet and Tile
Peaceful beautifiable Landscaped Exterior Courtyard Entrance
Free Parking
Walking distance to Pike and Rose Retail Center and Metro
6181 Executive Blvd North Bethesda, MD 20852
Current Medical Therapy Tenant renewed early and Signed 5-Year Lease that runs through on 3/31/33.
Approx 1,463 SF including extra storage area
Current Lease Term 4/1/23-3/31/33. 3% increases annually 4/1.
$3,301.15 Current Rent plus any increases in Base Condo fees or Base Taxes
Landlord Responsible for Base YR RE Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR RE Taxes and Base YR Condo Fees and for all Repairs/Maint, HVAC Maint, Utilities, Water, Sewer, Electric, Janitorial WIFI etc.
RE Taxes (7/1/25-6/30/26) $5,738.66
Tenant Reimburses RE Taxes in excess of Base Yr Rate
Condo Fee $288.00/mo
Tenant Reimburses Condo Fees in excess of Base Yr Rate and are added to Rent
Condo Fee includes Prof Mgmt, Exterior Maint, Roof, Structure, Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Beautiful 2 Story Office Condo completely renovated with many upgrades
High Ceilings with Spacious Furnished Reception Area
Kitchenette with Custom Cabinets and Granite Countertops
Private Bathroom
9 Offices (6 Main Level and 3 Upper Level)
Beautiful Glass Enclosed Upper Offices
Upgraded energy efficient lighting and ceiling tiles
Lots of Natural Light with Oversized Windows
HVAC System with multiple Zones
$77,000 in Renovation Upgrades
Storage area
Security System
Free Parking
Walking distance to Pike and Rose Retail Center and Metro
6175-6177 Executive Blvd North Bethesda, MD 20852
6177 Executive Blvd North Bethesda, MD 20852 (Both 6175 & 6177 Units)
This 6177 Executive Unit has been subdivided into two separate units with separate entrances for addresses 6175 Executive and 6177 Executive but the Sale is for both Units listed in property records as 6177 Executive.
Approx. 1,871 SF Total for Units 6715 & 6177
Five Tenants Currently in Units 6715 & 6177
$5,909.28/mo. Prospective Total Rent for Units 6175 & 6177 if 2.5 Additional Offices Rented = $4,069.25/mo +$1,840/mo
$4,069.28/mo. Current Total Tenant Rent for Units 6175 & 6177 Units Combined
6175-6177 Tenants include:
Three Tenants in Unit 6175
Therapist Lease Term is 1/1/24-12/31/26
Therapist Lease Term is 10/1/24-9/30/26
Therapist Lease Term is (Use is Part-time) Lease Term since 1/1/24 month to month.
Two Tenants in Unit 6177
Remodeling Company renewed early and new term is 3/1/26-12/31/29
Yoga Studio renewed early and new term is 3/1/26-12/31/29
Combined Units 6175 & 6177 Additional Info:
Landlord Responsible for Base YR RE Taxes, Base YR Condo Fees, Capital Expenditures, Janitorial.
Tenants Responsible for any increases from Base YR RE Taxes and Base YR Condo Fees and responsible for all Repairs/Maint, HVAC Maint, Utilities, Water, Sewer, Electric, Janitorial, WIFI etc.
RE Taxes (7/1/25-6/30/26) $7,242.12 (Tenants Reimburses RE Taxes in excess of Base Yr Rate)
Condo Fee $369.00/mo. (Tenant Reimburses Condo Fees in excess of Base Yr Rate)
Condo Fee includes Professional Mgmt, Exterior Maint, Roof, Structure, Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Beautiful One Level First Floor Walk-in Entrance Office Condo with many upgrades
Spacious Reception Area
New Kitchenettes
Private Bathroom
5 Offices (All 5 Main Level)
Upgraded energy efficient lighting and ceiling tiles
HVAC System with multiple Zones
$57,000 in Renovation Upgrades has already been invested in this property
Security System
Easy Street Level Park and Walk-in Entrance
Free Parking
6175-6177 Features:
New Kitchenette with Custom Cabinets
Large Conference Room used by Remodeling Company during the week and converted for use as a Yoga Studio during the weekend
Private Bathrooms
Lots of Natural Light with Oversized Windows that can open for fresh air
HVAC System with multiple Zones
$44,000 in Renovation Upgrades has already been invested in this property
Carpet and Tile
Easy Street Level Park and Walk-in Entrance
Free Parking
6179 Executive Blvd N. Bethesda, MD 20852
Current Medical Tenant has occupied this Unit since YR 2020 and current Lease runs through on 2/28/29. Tenant has renewed Twice early already.
Approx 913 SF
Current Lease Term 3/1/20-2/28/29.
$2,665.17/mo Current Rent plus any increases in Base Condo fees or Base Taxes
Landlord Responsible for Base YR RE Taxes and Base YR Condo Fees
Tenant Responsible for all Repairs/Maint, HVAC Maint, Utilities, Water, Sewer, Electric, Janitorial, WIFI etc.
RE Taxes (7/1/25-6/30/26) $3,712.55
Tenant Reimburses RE Taxes in excess of Base Yr Rate and are added to Rent
Condo Fee includes Professional Mgmt, Exterior Maint, Roof, Structure, Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Beautiful One Level First Floor Walk-in Entrance Office Condo