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8-12 N Summit Ave 1,400 SF of Retail Space Available in Gaithersburg, MD 20877
HIGHLIGHTS
- Heavy Foot Traffic
- Close to local resteraunts and Shops
- Access to Gaithersburg Metro
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement, Ste 10 | 1,400 SF | 2 Years | $21.43 /SF/YR $1.79 /SF/MO $30,002 /YR $2,500 /MO | Modified Gross |
Basement, Ste 10
Discover the perfect commercial space for your business at 10 North Summit Avenue, Gaithersburg, MD, 20877. This versatile property features two convenient entrances, located at the front and rear of the building, providing seamless access for your operations. The open floor plan offers endless opportunities for a customizable interior layout, allowing you to tailor the space to your exact needs. With abundant parking spaces available for both employees and visitors, convenience is at the forefront of this property. Make your mark in this dynamic location and bring your business vision to life in a space designed to elevate your success
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Recessed Lighting
- Basement
- Smoke Detector
- Garden Retail Unit
- 2 Entrances in front and rear
- Open Floor Plan
- Ample Parking
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.
SELECT TENANTS AT 8-12 N SUMMIT AVE, GAITHERSBURG, MD 20877
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- All Trades Remodeling LLC
- Construction
- 1
- -
- Atr Painting LLC
- Construction
- 1
- -
- Cash Depot
- Bank
- 1
- -
- Comprehensive Building
- Health Care
- 1
- -
- Low Price Store
- Retailer
- 1
- -
- The Vape Spot
- Tobacco
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| All Trades Remodeling LLC | Construction | 1 | - |
| Atr Painting LLC | Construction | 1 | - |
| Cash Depot | Bank | 1 | - |
| Comprehensive Building | Health Care | 1 | - |
| Low Price Store | Retailer | 1 | - |
| The Vape Spot | Tobacco | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,400 SF | Gross Leasable Area | 5,400 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 17.59/1,000 SF |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,400 SF |
| Year Built | 1920 |
| Parking Ratio | 17.59/1,000 SF |
NEARBY MAJOR RETAILERS
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8-12 N Summit Ave
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