9711 Washingtonian BlvdGaithersburg, MD 20878

Property Details for 9711 Washingtonian Blvd

Year built

2009

Lot size

7.39 AC

Property size (Sq ft)

196,864 SF

Zone code

MXD

Property type

Office buildings

APN

09-03244450

APU

903244450

Description

This Class A office building, located at 9711 Washingtonian Boulevard, Suite 550, Gaithersburg, MD 20878, in Montgomery County, offers 17,013 square feet of versatile workspace. The property features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The building underwent renovations in 2019 and includes elevators for convenient access. This location provides flexible options for businesses of all sizes, from single-person offices to large corporate spaces. Available spaces range from fully furnished and equipped private offices tailored to individual needs, to custom office spaces, disaster recovery spaces, and day offices. Tenancy is multiple, allowing for diverse occupancy. The building caters to various business types, including executive offices, coworking spaces, and creative offices, offering a professional, inspiring, and collaborative work environment. A benefits program with exclusive discounts and procurement support is also available to tenants. This prime location offers an exceptional opportunity for businesses seeking modern, adaptable office space in a thriving Maryland community.

• CAP approach

  CAP return

  Valuation

  6%

  $45,829,512

  6.5%

  $42,304,168

  7%

  $39,282,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,984,592

  Geo Method

  $39,360,988

• Alternative Use

  Use

  Valuation

  Residential

  $52,457,168

  Hospitality

  $48,050,484

  Educational

  $39,977,436

  Medical

  $41,352,324

  Retail

  $62,187,124

Location Insight

City

Gaithersburg

County

Montgomery

State

Maryland

Latitude

39.112

Longitude

-77.1912

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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