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Kemp Mill Center 1301-1361 Lamberton Dr
1,300 SF of Retail Space Available in Silver Spring, MD 20902
Highlights
- The MVA/MDOT Express facility brings over 8000 patrons a month to the center
- Prime frontage retail space
- Abundant Free Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 1343 | 1,300 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $2,708 /MO $32,500 /YR | Triple Net (NNN) |
1st Floor, Ste 1343
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 Kemp Mill Center
- Tenant
- Description
- US Locations
- Reach
- CVS Pharmacy
- Retailer
- -
- -
- Holy Chow
- Restaurant
- 1
- Local
- Kemp Mill Dry Cleaners
- Cleaners
- 1
- -
- Kemp Mill Optical
- Health Care and Social Assistance
- 1
- Local
- Nova Europa Restaurant
- Restaurant
- -
- Local
- Shalom Kosher
- Accommodation and Food Services
- 2
- Local
Tenant | Description | US Locations | Reach |
CVS Pharmacy | Retailer | - | - |
Holy Chow | Restaurant | 1 | Local |
Kemp Mill Dry Cleaners | Cleaners | 1 | - |
Kemp Mill Optical | Health Care and Social Assistance | 1 | Local |
Nova Europa Restaurant | Restaurant | - | Local |
Shalom Kosher | Accommodation and Food Services | 2 | Local |
PROPERTY FACTS FOR 1301-1361 Lamberton Dr , Silver Spring, MD 20902
Property Type | Retail | Year Built | 1971 |
Property Subtype | Storefront | Parking Ratio | 4.58/1,000 SF |
Gross Leasable Area | 59,229 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 59,229 SF |
Year Built | 1971 |
Parking Ratio | 4.58/1,000 SF |
About the Property
This neighborhood gem is conveniently located between University Blvd and Georgia Avenue. The Kemp Mill Center has a long standing presence in the Kemp Mill area, it draws families throughout Montgomery County with well-established local and national tenants that include restaurants, banks, and professional and medical office. The MVA/MDOT Express facility brings over 8000 patrons a month to the center. The Center is anchored by CVS Pharmacy, Truist, Ben Yehuda, and Shalom Kosher.
- Bus Line
- Property Manager on Site
- Tenant Controlled HVAC
- Air Conditioning
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Kemp Mill Center | 1301-1361 Lamberton Dr
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