6179 Executive Blvd
Office | 6.37% CAP | 913 SqFt
Marketing description
Current Medical Tenant has occupied this Unit since YR 2020 and current Lease now runs
through on 2/28/29 and this is their second renewal early!
Features of 6179 Executive:
Beautiful One Level First Floor Walk-in Entrance Office Condo with many upgrades
Spacious Furnished Reception Area with Medical glass enclosed Receptionist Workstation
Private Bathroom
4 Exam Room Offices (All Main Level)
Upgraded energy efficient lighting and ceiling tiles
Lots of Natural Light with Oversized Windows that can open for fresh air
HVAC Systems for ideal temperature environment
$41,000 in Renovation Upgrades has already been invested in this property
Carpet and Tile
Easy Street Level Park and Walk-in Entrance
Free Parking
Walking distance to Pike and Rose Retail Center and Metro
Approx 913 SF
Current Lease Term 3/1/20-2/28/29. 2% increases annually 3/1. Tenant has renewed early
twice.
Current Rent $2,603.91/mo plus any increases in Base Condo fees or Base Taxes
Landlord Responsible for Base YR Real Estate Taxes, Base YR Condo Fees, Capital Expenditures
Tenant Responsible for any increases from Base YR Real Estate Taxes and Base YR Condo Fees
Tenant Responsible for all Repairs, HVAC Maintenance, Utilities, Janitorial etc.
Tenant Responsible for Utilities/Water/Sewer/Electric are all billed with separate meter.
RE Taxes (7/1/24-6/30/25) $3,611.33 (For YR 2024 Tenant was responsible for $445.57 when
billed)
Tenant Reimburses RE Taxes in excess of Base Yr Rate (For 2024 YR Tenant Reimb was $445.57)
Condo Fee $171.00/mo (Tenant pays $23/mo portion as included in Current Rent)
Tenant Reimburses Condo Fees in excess of Base Yr Rate and are added to Rent
(For YR 2024 The Condo Fees in excess of Base Yr paid by Tenant as additional Rent was $276)
Condo Fees includes Professional Management, Exterior Maintenance, Roof, Structure,
Landscaping, Trash Dumpsters, Recycle Bins, Snow Plowing, External Insurance
Owner willing to Sell 6179 Unit in combination with Units and/or 6177, 6181, 6183
Investment highlights
Long Term Medical Tenant who Has renewed twice early
Stable Investment centrally located in North Bethesda MD
Free Parking very attractive for Medical Clients
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