7340 Westlake TerBethesda, MD 20817

For Lease
Call for price

Prime Bethesda Retail, High-Income Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional freestanding retail property in the highly desirable Bethesda submarket presents a unique investment opportunity. Situated on 1.3 acres, the property boasts a prominent location with excellent visibility and accessibility. Currently configured as a bank building, it offers a versatile space ideal for various financial services businesses, including wealth management and banking. The existing structure features approximately 9,000 square feet of space (or a smaller 2,000 square foot option) with ample outdoor area, perfect for expansion or adaptation to suit a variety of needs. The property includes 19 surface parking spaces and three convenient drive-thru lanes, ensuring ease of access for customers. Its strategic location allows businesses to effectively serve the affluent communities of Potomac, North Bethesda, Bethesda, and Rockville. The surrounding area boasts an average household income exceeding $200,000 within a 3-mile radius, indicating a strong and affluent customer base. Nearby banks hold over $8.2 billion in deposits, highlighting the significant financial activity in the immediate vicinity. This property offers a rare combination of size, location, and amenities, making it an exceptional opportunity for businesses seeking a high-profile presence in a thriving market. The flexible layout allows for customization to meet specific business requirements.

Highlights

  • Retail property in the Bethesda submarket.
  • Single-tenant freestanding bank building on a 1.3-acre lot.
  • Features 19 surface parking spaces and 3 drive-thru lanes.
  • Offers two options: a 2,000 SF building with drive-thru or a +/- 9,000 SF building with outdoor space.
  • Excellent location to serve Potomac, North Bethesda, Bethesda, and Rockville.
  • High-income area with average household incomes exceeding $200,000 within a 3-mile radius.

Unit(s) available at that property

Space
Size
56,628 SF

Location Insight

City
Bethesda
County
Montgomery
State
Maryland
Latitude
39.0270065
Longitude
-77.1479209
7340 Westlake Ter, Bethesda, Maryland

FAQs

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7340 Westlake Ter
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