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8701-8777 1st Ave 1,375 - 2,993 SF of Retail Space Available in Silver Spring, MD 20910
HIGHLIGHTS
- 1,200 people live in this apartment complex. Many of your future customers will live in the same building. Parking in block.
- Glass storefront. Call for details and a tour.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1309 | 1,375 SF | 10 Years | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $4,813 /MO $57,750 /YR | Plus Utilities and Char | ||
| 1st Floor, Ste 8740 Georgia Ave. | 1,618 SF | 10 Years | $45.00 /SF/YR $3.75 /SF/MO $484.38 /m²/YR $40.36 /m²/MO $6,068 /MO $72,810 /YR | Plus Utilities and Char |
1st Floor, Ste 1309
1309 Fenwick Lane (PERSONAL SERVICE or RETAIL SPACE) is 1,375 s.f. $42 p.s.f. or $4,812 per month. Previous tenant submitted plans to the county and started building out a spa but did not complete the work. This space is ideal for a spa or other retail or personal service uses. Retail signage overtop front door. Space has fully glass retail storefront and last tenant’s plan was to include a spa with 4 massage rooms, 2 half bathrooms, +/- 10 treatment stations, reception and waiting area on main level and a break lounge and office on the mezzanine level. There is a front and rear door.
- Listed lease rate plus proportional share of the utilities and cleaning cost
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
- Space In Need of Renovation
1st Floor, Ste 8740 Georgia Ave.
8740 Georgia Ave.(BUILT OUT HAIR SALON) is 1,618 s.f. $45 p.s.f. or $6,068 per month plus utilities. This is a fully built out hair salon and ideal turnkey opportunity. There is a full glass storefront with the space facing the corner of Georgia Ave. and Fenwick Ln. There is fabulous visibility. Some of the improvements include: 16’5” ceiling heights in service area, +/- 15 hair treatment stations, 4 shampoo bowls, laminate flooring, ½ bath, attractive entrance, reception desk with granite countertop, waiting area, lounge with sink and counter, washer and dryer with double sink/counter and much more. Retail signage overtop front door.
- Listed lease rate plus proportional share of the utilities and cleaning cost
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Turn Key Hair Salon Space
- Turn Key Hair Salon Space
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.
PROPERTY FACTS
| Total Space Available | 2,993 SF | Gross Leasable Area | 25,255 SF |
| Property Type | Retail | Year Built/Renovated | 1968/2024 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.04/1,000 SF |
| Total Space Available | 2,993 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 25,255 SF |
| Year Built/Renovated | 1968/2024 |
| Parking Ratio | 0.04/1,000 SF |
ABOUT THE PROPERTY
See information attached and call for details. Parking garage in same block. Retail signage overtop front door. Substantial work has been done on this space and ideal for personal services or one can remove improvements for other retails uses.
- 24 Hour Access
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Spring St | 1st Ave, SW | 8,709 | 2022 | 0.09 mi |
| 2nd Avenue | - | 6,673 | 2022 | 0.11 mi |
| Spring Street | - | 10,203 | 2022 | 0.11 mi |
| Cameron St | Georgia Ave, SW | 8,046 | 2022 | 0.14 mi |
| Second Ave | Wayne Ave, SE | 6,165 | 2022 | 0.19 mi |
| 2nd Avenue | Fidler Ln, SE | 6,353 | 2022 | 0.21 mi |
| Colesville Rd | Ramsey Ave, SW | 40,470 | 2022 | 0.22 mi |
| Colesville Rd | Georgia Ave, SW | 32,099 | 2022 | 0.23 mi |
| E West Hwy | Draper Ln, NW | 23,570 | 2022 | 0.27 mi |
| Spring Street | Colesville Rd, SE | 11,032 | 2022 | 0.27 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
Floor Plan
Full Size Exterior 8750 Georgia 7-9-15
Arrive Sign