• Two White Flint North
  • Two White Flint North
  • +2 images Two White Flint North
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Two White Flint North

Off-Market

11545 Rockville Pike, Rockville, MD 20852

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Government Office
  • Property Size 347,922 Sqft
  • Lot Size 3.21 Acre
  • Parking Spaces Avail. 20
  • Parking Ratio 0.06/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1993

Location

  • City Rockville, MD
  • Neighborhood North Bethesda
  • Zip Code 20852
  • Market Washington DC Suburban Maryland

Contacts

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Owner

  • True Owner
  • Registered 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
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 (Sqft) 84,264

Rockville Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $220.86
  • Y-o-Y Avg. PpSF Change -0.71%
  • 2020 Office Sales Volume $195.2M
  • 2020 Number of Transactions 5
View more Rockville market trends

Tax

  • Property Tax in 2021-2022 $1,102,500
  • Market Value $100,000,000
  • Assessed Value $100,000,000

Find more tax info, including assessment history and abatements, on CommercialEdge

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