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1101-1125 Nelson StRockville, MD 20850
Woodley Gardens
Asset ClassRetail
Rentable SF22,797
Year Renovated: 2024Land: 2.27 AcresOccupancy: 93%Access Data Room
Neighborhood Center in Affluent Rockville Submarket
overview of deal

Overview

KLNB Retail Capital Markets is pleased to exclusively present for sale the fee simple interest in Woodley Gardens Shopping Center, a 22,797 SF retail strip center located in Rockville, MD. The neighborhood center is tenanted by a seasoned mix of retail, restaurant, medical, and service-oriented uses. The offering provides an investor upside in leasing a second-floor 1,700 SF vacancy, formerly occupied by a dental practice. Woodley Gardens has direct access from Exit 6A on I-270, a primary north-south artery, and benefits from prominent visibility to over 230,000 vehicles per day traveling along the highway. Located in an extremely affluent and growing submarket in the DMV, Woodley Gardens is projected to provide steady and appreciating cash flow well into the future.

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Investment Highlights

  • Neighborhood Retail Center
  • Excellent Visibility from Highway
  • Diversified Tenant Roster with Balanced Rent Roll
  • Dedicated Tenancy with Leasing Momentum
  • Ancillary Income with Upside
  • Supply Constrained Retail Corridor
  • Unparalleled Demographics
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1101-1125 Nelson StRockville, MD 20850
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Listing provided by Revere CRE