317-401 E Diamond Ave

317-401 E Diamond Ave, Gaithersburg, MD 20877

  • For Sale $8,000,000
  • Property Type Retail - Street Retail
  • Property Size 34,553 SF
  • Lot Size 0.99 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Date Updated Aug 6, 2024
n/aUpwards of $800,000 in potential bonus depreciation available for 2024

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • 100% leased, neighborhood center
  • 100% leased to seven diversified tenants that resonate in
  • the dense multifamily neighborhood surrounding Granary
  • Row. Situated in the “always-busy” Olde Town community in
  • Gaithersburg, MD, and centrally located for several seasonal
  • festivals, markets, and shows.
  • Prime location in established community
  • Granary Row boasts easy accessibility due to its prime location
  • near major thoroughfares like I-270 and Route 355. Its strategic
  • positioning near the Gaithersburg Train Station and large
  • multifamily complexes ensures a steady flow of both local and
  • commuter traffic, making it an ideal spot for businesses and
  • visitors alike.
  • Stable income and redevelopment potential
  • With a history of stable rental income and leases in place
  • with varied rents, this makes for an attractive investment
  • for those seeking immediate returns. Additionally, there
  • is potential for future redevelopment, allowing investors
  • to capitalize on Gaithersburg’s ongoing growth and urban
  • development plans.

Contacts

broker

Jonathan Hipp

Avison Young

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable
  • Transit Score ®

    49/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Gaithersburg, MD
  • Zip Code 20877
  • Market Washington DC Suburban Maryland

Points of Interest

  • Gaithersburg

    0.07 miles

  • Shady Grove

    2.07 miles

  • Rockville

    4.65 miles

  • Grosvenor–Strathmore

    9.09 miles

  • Glenmont

    9.22 miles

  • Shell

    0.12 miles

  • ChargePoint

    0.59 miles

  • Shell

    0.93 miles

  • Liberty

    0.97 miles

  • Exxon

    1.18 miles

  • Gold Corner II

    1.33 miles

  • ChargePoint

    1.40 miles

  • Blink

    1.52 miles

  • Exxon

    1.53 miles

  • Shell

    1.55 miles

  • 115 Teachers Way

    0.07 miles

  • Gaithersburg MARC Station Parking

    0.09 miles

  • 112 Olde Towne Avenue

    0.19 miles

  • 200 Lee Street

    0.28 miles

  • Washington Grove MARC Station Parking

    0.81 miles

  • Lakeforest Transit Center Park and Ride

    0.89 miles

  • Diamond Avenue Park & Ride

    1.10 miles

  • Apartments Parking

    1.12 miles

  • Gaithersburg Park & Ride

    1.46 miles

  • Parking Garage

    1.73 miles

  • Sardis Pollo a la Brasa

    0.89 miles

  • Caravan Deli

    0.90 miles

  • Pollolandia

    0.92 miles

  • Burma Road Restaurant

    0.93 miles

  • McDonald's

    0.99 miles

  • Pollo Ala Vista Restaurant & Carry

    1.01 miles

  • Thai Jasmine Bistro

    1.07 miles

  • Sam's Pizza

    1.10 miles

  • New Fortune

    1.10 miles

  • Boston Market

    1.10 miles

  • Lakeforest Mall

    1.08 miles

  • Macy's

    1.10 miles

  • Burlington

    1.20 miles

  • Giant

    1.43 miles

  • Giant

    1.44 miles

  • Firstfield Shopping Center

    1.53 miles

  • Weis

    1.60 miles

  • Giant

    1.64 miles

  • Target

    1.69 miles

  • ALDI

    1.75 miles

Frequently Asked Questions

How much does 317-401 E Diamond Ave cost?

The space currently listed for sale at 317-401 E Diamond Ave asks for $8,000,000.

What is the total square footage of 317-401 E Diamond Ave?

317-401 E Diamond Ave totals 34,553 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jonathan Hipp

Avison Young