2321 University Boulevard W, Silver Spring, MD 20902

Property Description

2319 University Blvd. - Retail space of 6,600 s.f. at grade and a full basement for storage if needed. This is a wide-open space with high drop ceilings & lights and is sprinklered throughout. There are large separate men’s and woman’s bathrooms towards the rear of the space. There is a 4’ roll up door and a 3’ exit door that face the alley on the side of the property. Landlord just installed double 3’ glass main entrance doors. There is an existing retail signage box facing the parking lot along University Blvd. Available immediately. 1st Floor Rental Rate: LOWERED TO ONLY $12 p.s.f. or $6,600/month plus real estate tax and CAM fees of +/- $4.50 p.s.f. Tenant responsible for own utilities. Total rental rate only $9,075/month plus utilities. Basement space: One can lease only the first floor, but the +/- 7,700 s.f. basement is also available for lease if tenant needed additional storage space. Landlord is asking $5 p.s.f. for the basement area, if rented, negotiable. Zoning: CR 4.0 A wide variety of retail, service and office uses are permitted in this zoning category. Dollar Tree has an exclusive use clause limiting another similar uses and banquet halls. The space is ideal for restaurant, services uses and many retail uses. Parking: There is plenty of free on-site parking in the spaces that front along University Blvd. and in the large over flow lot behind the shopping center accessible from Elkins Avenue. Join current tenants: The current tenants in this retail complex include Dollar Tree, Mundo Latin Market, Ever Payer, Laundry, Check Cashing, City Food, La Baguette Bakery, Full Key Restaurant, Beer & Wine and Pho House Restaurant.

Property Features

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