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8241 Georgia Ave

$5,000,000

8241 Georgia Ave, Silver Spring, MD 20910

Active
Last Updated: 10/01/2025

6.41

Cap Rate

320,596

NOI

Details:
Cap Rate:    6.41%
NOI:    $320,596
Building Size:    20,700 sqft
Year Built:    1987
Price Per Sqft:    $241.55
Zoning:    CR5.0
Highlights:
  • Days on Market: 118
  • Heating: Other
Description:

FULLY LEASED RETAIL BUILDING FOR SALE of 19,495 s.f. of rentable sq. ft. on three levels plus core space in the lower level containing building sprinklers, electric and other building components. Divided up into 7 separately demised spaces. Site at corner of Georgia Avenue and Thayer Avenue. There is retail signage along both streets. The building is fully sprinklered, contains an elevator and two stairways or direct walk in access to all spaces. Each space except unit #1 has wheelchair accessibility. There is a flat membrane roof, painted masonry, ceramic tile, glass and Ipe exterior walls, aluminum double pain framed windows and multiple roof mounted gas fired package units with electric AC.

See marketing package attached with limited financial details. Seller is requesting potential buyers sign and return the non disclosure agreement to be provided full financial details.

Map:
Location
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