Bank of America Building

10000 Falls Road| , Potomac, MD 20854

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Highlights

  • HIGHLY COMMITTED, CREDIT GRADE ANCHOR 26% of the Property is leased by Bank of America, which has been in tenancy since 1993. It is the second largest U.S. bank by assets, with approximately $2.6 trillion in total assets and $300 million in deposits associated with this Property.
  • CONSISTENTLY OUTPERFORMS THE MARKET Since 2019, leasing activity has been exceptional, with nine new leases covering 20% of the rentable area. During the same period, 15 tenant renewals were secured, spanning over 22,000 square feet. Notably, the Property has maintained an occupancy rate of no less than 94% during this period.
  • MONTGOMERY COUNTYS MOST COVETED INTERSECTION The Property boasts prime frontage on Falls Road, with over 19,000 vehicles passing daily, and is situated in a vibrant work-live-play micro market (Potomac Village) that attracted approximately 360,000 visitors in the last year. Additionally, there are 20 dining options within a five-minute drive, further enhancing the areas appeal for residents and visitors alike.
  • NEAR ZERO NEW SUPPLY RISK There is no new competitive supply under construction in the market. The nearest commercially zoned area is located three miles away, underscoring the scarcity of commercial properties in Potomac. In fact, only 1.25% of the land in Potomac is designated for commercial use.
  • IMPRESSIVE NET EFFECTIVE RENTS In 2024, all completed leases excluded free rent. Of the 4 completed deals in 2024, the landlord provided painting and carpet shampooing on 2 renewals, painting and a wall installation on one of the news deals, and no work was required the final new lease executed this year. Starting rents averaged in the low to mid $40s per square foot.

Contacts

broker
Joe French

broker
Chip Ryan

Avison Young - US - DC - Washington DC

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Potomac, MD
  • Zip Code 20854
  • Market Washington DC Suburban Maryland

Points of Interest

  • West Entrance

    5.62 miles

  • Rockville

    5.63 miles

  • Grosvenor–Strathmore

    5.69 miles

  • Medical Center Station Escalators

    6.13 miles

  • Elevator 2

    6.21 miles

  • Bethesda

    6.62 miles

  • Bethesda Metro Elevator

    6.64 miles

  • Shady Grove

    7.37 miles

  • Friendship Heights

    7.74 miles

  • Gaithersburg

    8.51 miles

  • Sunoco

    0.07 miles

  • BP

    0.11 miles

  • Cabin John Shopping Center & Mall

    3.19 miles

  • Bethesda-Montgomery Mall Supercharger

    3.46 miles

  • Exxon

    4.51 miles

  • Glen Echo Exxon

    5.13 miles

  • Electric Car Charging Station

    5.16 miles

  • SemaCharge

    5.38 miles

  • Tesla Supercharger

    5.41 miles

  • Shell

    5.43 miles

  • Lot #4

    1.13 miles

  • Lot #5

    1.15 miles

  • Lot #3

    1.22 miles

  • Lot #1

    1.24 miles

  • Lot #2

    1.32 miles

  • river bend pảk

    2.01 miles

  • Lot D

    2.98 miles

  • Lot C

    3.12 miles

  • Lot B

    3.25 miles

  • Lot A

    3.37 miles

  • Embassy Suites by Hilton Bethesda Washington DC

    3.80 miles

  • Best Western

    5.16 miles

  • EVEN Hotel Rockville - Washington, D.C. Area, an IHG Hotel

    5.39 miles

  • Bethesda North Marriott

    5.40 miles

  • Canopy by Hilton Washington DC Bethesda North

    5.41 miles

  • Hilton

    5.48 miles

  • Cambria Hotel Rockville

    5.51 miles

  • Safra Family Lodge

    5.53 miles

  • The Children's Inn at NIH

    5.66 miles

  • Bethesda Marriott

    5.68 miles

  • En Bistro & Sushi

    0.06 miles

  • Tally-Ho

    0.06 miles

  • Hunter's Bar and Grill

    0.07 miles

  • Fire Wok

    0.16 miles

  • Five Guys

    0.16 miles

  • Moby Dick House of Kebab

    0.16 miles

  • Potomac Pizza

    0.16 miles

  • Chipotle

    0.17 miles

  • Lock 72

    0.18 miles

  • Normandie Farm

    0.88 miles

  • Potomac Glen Day School

    0.61 miles

  • Bullis School

    0.86 miles

  • Manor Montessori School

    1.03 miles

  • Connelly School of the Holy Child

    1.75 miles

  • German International School Washington District of Columbia

    1.80 miles

  • Har Shalom Nursery School

    1.94 miles

  • Har Shalom Early Childhood Education Center

    1.96 miles

  • Our Lady of Mercy Catholic School

    1.99 miles

  • Wayside Elementary School

    1.99 miles

  • Norwood School

    2.04 miles

  • The Maddux School

    3.15 miles

  • Beth Sholom Early Childhood Center and Kindergarten

    3.32 miles

  • Montrose Community Center

    5.03 miles

  • YMCA Ayrlawn Program Center

    5.04 miles

  • Ganon Gil Preschool

    5.12 miles

  • Bethesda Country Day School

    5.20 miles

  • Sugar Plums

    5.25 miles

  • Moco Movement Center

    5.78 miles

  • Garrett Park Cooperative Nursery School

    6.09 miles

  • Bethesda Cooperative Nursery School

    6.24 miles

Frequently Asked Questions

How much does Bank of America Building cost?

The sale price for Bank of America Building is available upon request. Contact the listing broker for more information.

What is the total square footage of Bank of America Building?

Bank of America Building totals 27,408 square feet.

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