Lakeforest Mall

Off Market

701 Russell Avenue, Gaithersburg, MD 20877

  • Retail
  • Super Regional Mall
  • 409,447 Sqft

Lakeforest Mall, Gaithersburg, MD 20877 - Retail Space

Lakeforest Mall is located at 701 Russell Avenue in MD, Gaithersburg, 20877. The Retail building was completed in 1978 and features a total of 409,447 Sqft.

There are 22 retail spaces for lease in the Gaithersburg city, totaling 58,129 Sqft of available retail space. The retail space availability for the 20877 zip code is 16,649 Sqft, in 19 retail spaces. The average asking retail rent per sq. ft. in Gaithersburg is $18.53/sqft/year.

In 1978, the same year Lakeforest Mall was built, 29 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Gaithersburg, featuring 1,211,380 square feet of commercial space. At zip code level, there are 45 commercial properties, of which 15 are retail buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Gaithersburg
  • Zip Code 20877
  • Market Washington DC Suburban Maryland
  • Property Type Retail - Super Regional Mall
  • Property Size 409,447 Sqft
  • Lot Size 30.6 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1978

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Lakeforest Mall?

Lakeforest Mall totals 409,447 square feet.

When was this property built?

Lakeforest Mall was built in 1978.

Gaithersburg Demographics

The average household income in zip code 20877 is $92,124, from a total of 12,800 households. In terms of employment, there are 79.56 % white-collar and 20.44 % blue-collar jobs in zip code 20877.

Population

  • Total Population67,742
  • Male Population(48.7 %) 32,970
  • Female Population(51.3 %) 34,772
  • Median Age36.50

Income/Financial

  • Average Household Income$118,320
  • Median Household Income$89,763
  • Median Income Under 25$65,217
  • Median Income 25-44$86,513
  • Median Income 45-64$107,489
  • Median Income Over 65$71,636