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4707-4711 Chase Ave
1,500 - 4,500 SF of Space Available in Bethesda, MD 20814
HIGHLIGHTS
- Walking distance to the Bethesda Metro Station (Red Line)
- Close to numerous amenities, the NIH, and Walter Reed
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4707-4711 | 1,500 SF | Negotiable | $50.63 CAD/SF/YR $4.22 CAD/SF/MO $75,941 CAD/YR $6,328 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 3,000 SF | Negotiable | $40.50 CAD/SF/YR $3.38 CAD/SF/MO $121,506 CAD/YR $10,125 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 4707-4711
Two-story, freestanding retail building 1,500 - 3,000 SF units available 18 dedicated parking spaces in rear, additional public parking next door Spaces formerly used as a pizzeria with outdoor seating, spa with plumbing installed, and athletic studio Flexible lease terms available
- Lease rate does not include utilities, property expenses or building services
2nd Floor
Second floor former athletic studio, available for office or retail use.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4707-4711 CHASE AVE , BETHESDA, MD 20814
| Total Space Available | 4,500 SF | Gross Leasable Area | 6,000 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Freestanding | Parking Ratio | 5/1,000 SF |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,000 SF |
| Year Built | 1963 |
| Parking Ratio | 5/1,000 SF |
ABOUT THE PROPERTY
4707 Chase Avenue is a two-story, freestanding retail building totaling 5,400± SF. The building was previously occupied by an athletic studio, a spa, and a pizzeria with outdoor seating. Located in downtown Bethesda, 4707 Chase Avenue is close to a variety of amenities including restaurants, grocery stores, hotels, schools, and parks. The property is within walking distance to the Bethesda Metro Station (Red Line). Additionally, the site is just south of the National Institutes of Health (NIH) and the Walter Reed National Military Medical Center.
NEARBY MAJOR RETAILERS
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4707-4711 Chase Ave
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