30 Gude DrRockville, MD 20850

For Sale
Call for price

128,440 SF Office, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 128,440 square foot, five-story office building in Rockville, Maryland presents a compelling investment opportunity. Situated on a 7.24-acre lot at the prominent intersection of Frederick Road/MD-355 and West Gude Drive, this property boasts high visibility and convenient access to major transportation arteries, including I-270, and the Rockville and Shady Grove Metro stations (both 1.4 miles away). The building, constructed in 1986, features 463 surface parking spaces and is currently 49.6% leased, with all current leases expiring by September 28, 2028. The property benefits from its MXE (Mixed-Use Employment) zoning, allowing for by-right residential development, aligning with the City of Rockville's comprehensive plan supporting increased housing. The building itself is well-maintained, with a recently replaced TPO roof (2015, 20-year warranty), and offers high ceiling heights (14'-8" on the first floor, 13'-4" on floors 2-5), suitable for conversion to medical or life science uses. Building amenities include a fitness center with locker rooms and showers, and a conference center. The building's robust infrastructure includes a concrete slab-on-grade foundation, steel-framed structure, brick veneer and curtain wall exterior, two passenger elevators, one freight elevator, and a fully sprinklered fire protection system. Utilities include public water and sewer, with natural gas available. This property offers a strong income stream from existing leases, coupled with significant redevelopment potential in a high-demand location. A conceptual plan illustrating the potential for 150 stacked townhomes is available.

Highlights

  • 128,440 SF, five-story office building on a 7.24-acre lot in Rockville, MD.
  • High-visibility location at Frederick Rd/MD-355 and West Gude Drive, 1.4 miles from Rockville and Shady Grove Metro stations.
  • 463 surface parking spaces.
  • 49.6% leased, all leases expiring 9/28/2028.
  • MXE zoning allows for by-right residential development.
  • Well-maintained building with a 2015 TPO roof (20-year warranty), 14'-8" first-floor ceilings, and 13'-4" ceilings on floors 2-5.

Property Details for 30 Gude Dr

Property type
Other retail properties, Other office properties
Square Feet
128,440 SF
Year Built
1986
Buildings
1
Stories
5
Lot Size (sq. ft)
315,374 SF

Location Insight

City
Rockville
County
Montgomery
State
Maryland
Latitude
39.1055808
Longitude
-77.159575
30 Gude Dr, Rockville, Maryland

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30 Gude Dr
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