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7340 Westlake Ter Bethesda, MD 20817

Prime Bethesda Retail, High-Income Area

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional freestanding retail property in the highly desirable Bethesda submarket presents a unique investment opportunity. Situated on 1.3 acres, the property boasts a prominent location with excellent visibility and accessibility. Currently configured as a bank building, it offers a versatile space ideal for various financial services businesses, including wealth management and banking. The existing structure features approximately 9,000 square feet of space (or a smaller 2,000 square foot option) with ample outdoor area, perfect for expansion or adaptation to suit a variety of needs. The property includes 19 surface parking spaces and three convenient drive-thru lanes, ensuring ease of access for customers. Its strategic location allows businesses to effectively serve the affluent communities of Potomac, North Bethesda, Bethesda, and Rockville. The surrounding area boasts an average household income exceeding $200,000 within a 3-mile radius, indicating a strong and affluent customer base. Nearby banks hold over $8.2 billion in deposits, highlighting the significant financial activity in the immediate vicinity. This property offers a rare combination of size, location, and amenities, making it an exceptional opportunity for businesses seeking a high-profile presence in a thriving market. The flexible layout allows for customization to meet specific business requirements.

Highlights

  • Retail property in the Bethesda submarket.
  • Single-tenant freestanding bank building on a 1.3-acre lot.
  • Features 19 surface parking spaces and 3 drive-thru lanes.
  • Offers two options: a 2,000 SF building with drive-thru or a +/- 9,000 SF building with outdoor space.
  • Excellent location to serve Potomac, North Bethesda, Bethesda, and Rockville.
  • High-income area with average household incomes exceeding $200,000 within a 3-mile radius.

Property Details for 7340 Westlake Ter

Property type
Retail properties
RSF (Rentable sq. ft)
56,628 SF

Unit(s) available at that property

Space
Size
56,628 SF

Location Insight

City
Bethesda
County
Montgomery
State
Maryland
Latitude
39.0270065
Longitude
-77.1479209
7340 Westlake Ter, Bethesda, Maryland

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FAQs

What type of property is this?
Retail property - Prime Bethesda Retail, High-Income Area
Where is the retail property located?
The property is located at 7340 Westlake Ter Bethesda, MD.
What are key features of this property?
This property features: Retail property in the Bethesda submarket.; Single-tenant freestanding bank building on a 1.3-acre lot.; Features 19 surface parking spaces and 3 drive-thru lanes.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Joe Fleischmann
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Westlake Ter
Bethesda, MD 20817

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Westlake Ter
Bethesda, MD 20817

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

7340 Westlake Ter
  • Joe Fleischmann
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