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Fallsgrove Plaza
14995 Shady Grove Road, Rockville, MD 20850
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- Property Type Office - Medical Office
- Property Size 110,000 SF
- Lot Size 3.25 Acre
- Parking Spaces Avail. 412
- Parking Ratio 3.75/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified Gold
- Building Class A
- Year Built 2014
False
Location
- City Rockville, MD
- Neighborhood Rockville
- Zip Code 20850
- Market Washington DC Suburban Maryland
Contacts
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Owner
Tenants
Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
Market Trends
Average Actual Rents in Rockville
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Rockville Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $29.28
- 2020 Office Vacancy Rate 13.02%
- 2020 Office Completions (SF) 84,264
Rockville Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $220.86
- Y-o-Y Avg. PpSF Change -0.71%
- 2020 Office Sales Volume $195.2M
- 2020 Number of Transactions 5
Tax
- Property Tax in 2021-2022 $212,137
- Market Value* $17,128,700
- Assessed Value $17,128,700
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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