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6177-6183 Executive Blvd 7,246 SF 100% Leased Office Building Rockville, MD 20852 $2,587,980 ($357.16/SF) 6.44% Cap Rate

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EXECUTIVE SUMMARY

The Entire Stand Alone Building is For Sale. It is comprised of 5 Separate Condominium Units in the Executive Office Park.
$714,995 FOR SALE OWNER/USER OR INVESTOR 6177 Executive Blvd North Bethesda, MD 20852 (Both 6175 & 6177 Units)
$359,995 FOR SALE INVESTOR 6179 Executive Blvd North Bethesda, MD 20852
$482,995 FOR SALE INVESTOR 6181 Executive Blvd North Bethesda, MD 20852
$1,029,995 FOR SALE OWNER/USER OR INVESTOR 6183 Executive Blvd North Bethesda, MD 20852
2024 NOI $143,729 but if Proforma if Fully Leased in YR 2025 NOI Projected $166,548
Minimum 2 Units sold together except will sell 6183 alone.
Condo Fee on all Units includes Professional Management, Exterior Maintenance, Roof, Structure, Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Free Parking
Walking distance to Pike and Rose Retail Center and Metro
Details Below:
$1,029,995 6183 Executive Blvd North Bethesda, MD 20852
Current Medical Therapy Tenant has occupied this Unit since YR 2016 and current Lease runs through on 6/30/28 but is willing to vacate earlier or can remain in the space.
Beautiful 2 Story Office Condo renovated with many upgrades
High Ceilings with Spacious Furnished Reception Area
2,999 SF including extra storage area
RE Taxes (7/1/24-6/30/25) $11,295.59
Condo Fee $563.00/mo
Tenant Reimburses Taxes & Condo Fees in excess of Base Yr Rate
Medical Therapy Tenant Lease runs through 6/30/28. Annual Increases of 3%
Tenant Responsible for all Repairs, HVAC Maintenance, Utilities, Janitorial
Utilities/Water/Sewer/Electric are all billed with separate meter.
Landlord Responsible for Base YR Real Estate Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR Real Estate Taxes and Base YR Condo Fees
Kitchenette with Custom Cabinets and Granite Countertop
Conference Room
2 Private Bathrooms
11 Offices (7 Main Level and 4 Upper Level)
Beautiful Glass Enclosed Upper Offices
Energy efficient lighting
Lots of Natural Light with Oversized Windows
2 HVAC Systems with Multiple Zones
Potential to have entire office fully furnished along with the Sale
$114,000 in Renovation Upgrades included
Large Storage area
Security System
Peaceful beautifiable Landscaped Exterior Courtyard Entrance
$482,995 6181 Executive Blvd North Bethesda, MD 20852
Current Medical Therapy Tenant Signed 5 year Lease that runs through on 3/31/28
Beautiful 2 Story Office Condo completely renovated with many upgrades
High Ceilings with Spacious Furnished Reception Area
1,463 SF including extra storage area
RE Taxes (7/1/24-6/30/25) $5,637.46
Tenant Reimburses RE Taxes in excess of Base Yr Rate
Condo Fee $275.00/mo
Tenant Reimburses Condo Fees in excess of Base Yr Rate and are added to Rent
Medical Therapy Tenant Lease runs through 3/31/28. Annual Increases of 3%
Tenant Responsible for all Repairs, HVAC Maintenance, Utilities, Janitorial
Utilities/Water/Sewer/Electric are all billed with separate meter.
Landlord Responsible for Base YR Real Estate Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR Real Estate Taxes and Base YR Condo Fees
Kitchenette with Custom Cabinets and Granite Countertops
Conference Room
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 included
Storage area
Security System
Peaceful beautifiable Landscaped Exterior Courtyard Entrance

$714,995 6177 Executive Blvd North Bethesda, MD 20852 (Both 6175 & 6177 Units)
Current Prime Leaseholder Medical Therapy Tenant has occupied this Unit since YR 2016 and current Lease runs through on 6/30/28.
This 6177 Executive Unit has been subdivided into two separate units with addresses 6175 Executive and 6177 Executive but the Sale is for both Units listed as address 6177 Executive.
RE Taxes (7/1/24-6/30/25) $7,140.92
Condo Fee $351.00/mo
Tenant Reimburses RE Taxes & Condo Fees in excess of Base Yr Rate
Medical Therapy Tenant Lease runs through 6/30/28. Annual Increases of 3%
Tenant Responsible for all Repairs, HVAC Maintenance, Utilities, Janitorial
Utilities/Water/Sewer/Electric are all billed with separate meter.
Landlord Responsible for Base YR Real Estate Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR Real Estate Taxes and Base YR Condo Fees
6175 Executive Info: Prime Leaseholder is using 2 of the 5 Offices and has Sublet 3 of the 5 Offices in this Unit to other Medical Professionals and is willing to vacate those 2 offices which could be used by New Owner/User or Rented out for additional rental income. Subtenants have current Subleases ranging from 1-3 yrs
6175 Features:
Beautiful One Level First Floor Walk-in Entrance Office Condo with many upgrades
Spacious Furnished Reception Area
Approx. 930 SF out of a Total of 1,871 SF (6175 Executive and 6177 Executive Combined)
New Kitchenette
Conference Room
Private Bathroom
5 Offices (All 5 Main Level)
Energy efficient lighting
Lots of Natural Light with Oversized Windows
HVAC System with multiple Zones
$57,000 in Renovation Upgrades included
Security System
Easy Street Level Park and Walk-in Entrance
6177 Features:
Prime Leaseholder is not using any of this Office Space. Sublet Tenants are a Remodeling Company and a Yoga Studio. Sublease was just renewed early and now expires 10/31/27.
Beautiful One Level First Floor Walk-in Entrance Office Condo with many upgrades
Reception Area
Approx 941 SF out of a Total of 1,871 SF (6175 Executive and 6177 Executive Combined)
New Kitchenette
Large Conference Room
Private Bathroom
2 Offices
Energy efficient lighting
Oversized Windows
$42,000 in Renovation Upgrades
Street Level Walk-in Entrance
$359,995 6179 Executive Blvd North Bethesda, MD 20852
Current Medical Therapy Tenant has occupied this Unit since YR 2020 and current Lease runs through on 2/28/29 and has already renewed Twice.
Beautiful One Level First Floor Walk-in Entrance Office Condo with many upgrades
Spacious Furnished Reception Area with Medical Receptionist Workstation
913 SF
RE Taxes (7/1/24-6/30/25) $3,611.33
Tenant Reimburses RE Taxes in excess of Base Yr Rate
Medical Tenant Lease runs through 2/28/26. Annual Increases of 2%
Tenant Responsible for all Repairs, HVAC Maintenance, Utilities, Janitorial
Utilities/Water/Sewer/Electric are all billed with separate meter.
Landlord Responsible for Base YR Real Estate Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR Real Estate Taxes and Base YR Condo Fees
Private Bathroom
4 Exam Room Offices (All Main Level)
Upgraded energy efficient lighting and ceiling tiles
Natural Light with Oversized Windows
HVAC Systems for ideal temperature environment
$41,000 in Renovation Upgrades included
Easy Street Level Park and Walk-in Entrance

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,246 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
$2,587,980
Price Per SF
$357.16
Cap Rate
6.44%
NOI
$166,548
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
750 SF
Slab To Slab
9’
Building FAR
1.11
Lot Size
0.15 AC
Zoning
EOF - The EOF zone is intended for office and employment activity combined with limited residential and neighborhood commercial uses
Parking
35 Spaces (23.33 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Metro/Subway
  • Signage
  • Skylights
  • Hardwood Floors
  • Air Conditioning
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-01951243
  • 04-01951265
  • 04-01951312
  • 04-01951232
  • 04-01951254
Land Assessment
$983,200
Improvements Assessment
$2,294,900
Total Assessment
$3,278,100
  • Listing ID: 36049175

  • Date on Market: 5/30/2025

  • Last Updated:

  • Address: 6177-6183 Executive Blvd, Rockville, MD 20852

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