For Lease
$30/SF/YR

938 Wayne Ave Silver Spring, MD 20910

Prime Retail, Multiple Units Available

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional retail property, located at 938 Wayne Ave in Silver Spring, Maryland, offers 2,400 square feet of versatile commercial space currently available for lease. The property is situated in Montgomery County, zip code 20910, and presents a fantastic opportunity for businesses seeking a prominent location. The entire building is vacant, providing a blank canvas for a single tenant or the potential for multiple occupants. Individual spaces can be leased in sizes ranging from a minimum of 400 square feet to a maximum contiguous space of 2,000 square feet, offering flexibility to accommodate a variety of business needs and scales. This prime retail location in Silver Spring provides excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a thriving market. The property's address is 938 Wayne Ave, Silver Spring, MD 20910. With its convenient location and adaptable space, this property is poised to attract a diverse range of tenants. The total building size is 2,400 square feet, and the entire space is currently available. This presents a unique opportunity to secure a significant retail presence in a desirable area. Contact us today to learn more about leasing options and explore the possibilities this property offers.

Highlights

  • 2,400 SF retail space available for lease at 938 Wayne Ave, Silver Spring, MD 20910. The entire building is vacant, divisible into spaces ranging from 400-2,000 SF.
  • High-visibility location across from the Wayne Avenue Parking Garage, between Georgia Ave and Fenton St, 1⁄2 block from the future Purple Line Metro Station. Features include a ducted HVAC system, large bathroom, laminate flooring, and a large glass storefront. Space is leased as-is.
  • Located in a parking district; ample parking available in the adjacent garage and on-street metered spaces. CR zoning allows a wide variety of commercial uses.
  • Lease rate: $30/SF, NNN. 2024 estimated NNN charges: $855/month (real estate taxes) and $275/month (landlord insurance), plus separately metered utilities; total monthly rent approximately $7,130 plus utilities.

Property Details for 938 Wayne Ave

Property type
Retail properties
RSF (Rentable sq. ft)
2,400 SF

Unit(s) available at that property

Space
Second floor
Size
400 SF
Rate per SF
$30
Space
First floor
Size
2,000 SF
Rate per SF
$30

Location Insight

City
Silver Spring
County
Montgomery
State
Maryland
Latitude
38.9944833
Longitude
-77.0255167
938 Wayne Ave, Silver Spring, Maryland

FAQs

What type of property is this?
Retail property - Prime Retail, Multiple Units Available
Where is the retail property located?
The property is located at 938 Wayne Ave Silver Spring, MD.
What is the lease rate?
The lease rate is $30/SF/YR.
What are key features of this property?
This property features: 2,400 SF retail space available for lease at 938 Wayne Ave, Silver Spring, MD 20910. The entire building is vacant, divisible into spaces ranging from 400-2,000 SF.; High-visibility location across from the Wayne Avenue Parking Garage, between Georgia Ave and Fenton St, 1⁄2 block from the future Purple Line Metro Station. Features include a ducted HVAC system, large bathroom, laminate flooring, and a large glass storefront. Space is leased as-is.; Located in a parking district; ample parking available in the adjacent garage and on-street metered spaces. CR zoning allows a wide variety of commercial uses.
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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938 Wayne Ave
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