|
|
Kensington Shopping Center 10504-10540 Connecticut Ave 1,540 SF of Retail Space Available in Kensington, MD 20895
HIGHLIGHTS
- Prime retail space in Kensington, MD
- Nine minute walk to Kensington Commuter Rail
- Affluent market with impressive demographics
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10506B | 1,540 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
10504-10520 Connecticut Ave - 1st Floor - Ste 10506B
Former Dry cleaner - Space is now a clean slate - See brochure and pictures
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
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 KENSINGTON SHOPPING CENTER
- 7-11 Convenience Store
- Chipotle Mexican Grill
- Fastrack Urgent Care
- Five Guys Burgers and Fries
- International Hair Designers
- Strosniders Ace Hardware
PROPERTY FACTS
ABOUT THE PROPERTY
Freestanding retail building at the busy intersection of Connecticut Avenue and Knowles Avenue Great signage and visibility along Connecticut Avenue Surrounded by National Tenants Signalized intersection and pylon sign Impressive area demographics
- Pylon Sign
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Howard Ave | State Hwy 185, E | 60,544 | 2018 | 0.07 mi |
| Summit Avenue | - | 15,497 | 2025 | 0.08 mi |
| Metropolitan Ave | Summit Ave, SW | 8,511 | 2020 | 0.11 mi |
| Summit Avenue | Warner St, SW | 14,628 | 2025 | 0.14 mi |
| Knowles Avenue | Summit Ave, SE | 10,360 | 2025 | 0.14 mi |
| Knowles Ave | Summit Ave, SE | 10,414 | 2024 | 0.14 mi |
| Summit Ave | Warner St, SW | 14,680 | 2024 | 0.15 mi |
| Metropolitan Avenue | Saint Paul St, SE | 8,931 | 2025 | 0.18 mi |
| Summit Ave | Brookfield Dr, S | 12,502 | 2023 | 0.19 mi |
| MD 185 | Dupont Ave, N | 3,094 | 2025 | 0.19 mi |
NEARBY MAJOR RETAILERS
