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- LoopNet Team
750 Progress Way
Gaithersburg, MD 20879
700 Progress Way · Property For Lease
HIGHLIGHTS
- 750 Progress Way offers 161,855-square-foot leasable industrial warehouse along Interstate 270, just 20 miles northwest of Downtown Washington, DC.
- Strategically located in one of the fastest-growing areas of Maryland, Montgomery County, and within the coveted Interstate 270 corridor.
- Specifications include a 32-foot clear ceiling height, 50-foot by 52-foot column spacing, 50 dock doors, and 3,500-amp, 480/277-volt 3-phase power.
- Adjacent to a recently completed 300,000-square-foot FedEx Ground facility and just south of the new Watkins Mill Interchange.
PROPERTY FACTS
| Park Type | Industrial Park |
| Park Type | Industrial Park |
ABOUT THE PROPERTY
700 and 750 Progress Way in Gaithersburg, Maryland, is a Class A, 44-acre industrial park fronting Interstate 270 at the Montgomery Village Avenue exit. Available for lease, 750 Progress Way offers 161,855 square feet of industrial warehouse space, featuring a 32-foot clear ceiling height, 50-foot by 52-foot column spacing, 50 dock doors, LED lighting, and 3,500-amp, 480/277-volt, 3-phase power. Tenants have access to two employee amenity areas and a linear park, which has outdoor seating, green space, an electric vehicle charging station, and on-site retailers like Chick-fil-A and Sheetz. The property is next door to the recently constructed 300,000-square-foot FedEx Ground facility and just south of the new Watkins Mill Interchange. 700 Progress Way is fully leased to AstraZeneca, a global science-led biopharmaceutical company. Gaithersburg presents a robust workforce, strategic location, and excellent accessibility to provide an inviting business environment in the southern Maryland region. The site is conveniently located along Interstate 270 and Route 355, 6 miles north of the beltway and 20 miles northwest of Downtown Washington, DC. This high-barrier-to-entry Montgomery County location serves over 6.2 million residents in the Washington, DC, MSA, making it an excellent headquarters or distribution location. 750 Progress Way further benefits from nearby access to Ronald Reagan Washington National Airport, Dulles International Airport, and the Port of Baltimore, reaching all within an hour’s drive.
