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Cloverly Towne Center 700-746 Cloverly St 1,685 - 6,535 SF of Retail Space Available in Silver Spring, MD 20905
HIGHLIGHTS
- This center, facing NH Avenue has ample lot & garage parking. Elite Dance, BC Fitness, Montgomery County Liquor Store & restaurants attract traffic.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 729 | 2,665 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 738 | 1,685 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 746 | 2,185 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
700-746 Cloverly St - 1st Floor - Ste 729
Former dance studio
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
700-746 Cloverly St - 1st Floor - Ste 738
Free Garage Parking. Located right off New Hampshire Ave which is a very popular road.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
700-746 Cloverly St - 1st Floor - Ste 746
Former dance studio.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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 CLOVERLY TOWNE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- BC Fitness
- -
- -
- -
- Elite Dance
- -
- -
- -
- Montgomery County Liquor Store
- -
- -
- -
- Safeway
- -
- -
- -
- Subway
- Sub Sandwich
- 35,053
- International
- Vocelli Pizza
- Pizza
- 123
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| BC Fitness | - | - | - |
| Elite Dance | - | - | - |
| Montgomery County Liquor Store | - | - | - |
| Safeway | - | - | - |
| Subway | Sub Sandwich | 35,053 | International |
| Vocelli Pizza | Pizza | 123 | National |
PROPERTY FACTS
| Total Space Available | 6,535 SF | Gross Leasable Area | 118,227 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.05 AC |
| Parking | 179 Spaces | Year Built | 2005 |
| Center Properties | 2 | Cross Streets | Cloverly St |
| Frontage | 300’ on New Hampshire Avenue |
| Total Space Available | 6,535 SF |
| Center Type | Neighborhood Center |
| Parking | 179 Spaces |
| Center Properties | 2 |
| Frontage | 300’ on New Hampshire Avenue |
| Gross Leasable Area | 118,227 SF |
| Total Land Area | 3.05 AC |
| Year Built | 2005 |
| Cross Streets | Cloverly St |
ABOUT THE PROPERTY
Cloverly Towne Center is a beautiful, upscale, mixed use center, conveniently located on New Hampshire Avenue in Montgomery County. Shadow anchored by Safeway, it offers convenient, extensive parking including surface and covered parking. Cloverly Towne Center is located outside the beltway, north of Rte. 200 (Inter-County Connector) facing heavily trafficked New Hampshire Avenue.
- Freeway Visibility
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Briggs Chaney Rd | New Hampshire Ave, NW | 7,635 | 2020 | 0.16 mi |
| Briggs Chaney Road | New Hampshire Ave, NW | 7,638 | 2022 | 0.16 mi |
| New Hampshire Ave | McNeil Ln, SW | 14,332 | 2022 | 0.42 mi |
| Norwood Rd | Crimson Spire, NW | 12,692 | 2022 | 0.70 mi |
| Good Hope Road | - | 2,264 | 2022 | 0.85 mi |
| Norbeck Road | Bay Hill Ln, NW | 20,065 | 2022 | 0.86 mi |
| Norbeck Road | - | 20,173 | 2022 | 0.88 mi |
| Spencerville Rd | Stabler Ln, NW | 22,051 | 2022 | 0.92 mi |
| Good Hope Rd | New Hampshire Ave, W | 8,926 | 2022 | 0.95 mi |
| New Hampshire Avenue | Norbeck Rd, S | 12,616 | 2022 | 0.97 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
700-746 Cloverly St
700-746 Cloverly St
700-746 Cloverly St