How much does Super Regional Mall space at Lakeforest Mall - Redevelopment - Retail cost?

Please use the contact form to get in touch with a broker and find out more about renting space here.

What kind of retail space can I rent here?

Lakeforest Mall - Redevelopment - Retail totals 470,000 SF. There are 26 Retail , Restaurant and Medical Office spaces for rent. The total retail space available is 224,800 SF.

How many parking spots are available at Lakeforest Mall - Redevelopment - Retail?

Parking information for the property isn't currently listed. However, other nearby parking options include Lakeforest Transit Center Park and Ride, located 0.25 miles away , and 200 Lee Street, which is 0.83 miles away.

701 Russell Avenue, Gaithersburg, MD 20877

For Lease Contact for pricing
Property Type Retail - Super Regional Mall
Property Size 470,000 SF
Lot Size 94.1 Acre
Property Tenancy Multi-Tenant
Date Updated Jul 24, 2026

Description

A 470,000-square-foot super regional mall situated on a 94.10-acre lot at 701 Russell Avenue in Gaithersburg, MD. The property is positioned as a redevelopment opportunity at a significant scale. Gaithersburg is a mid-sized city in Montgomery County, Maryland, situated between Washington, D.C. and Frederick along the I-270 corridor. The city has an established commercial base and a substantial residential population, with several mixed-use and transit-oriented development projects active in the broader area.

26 Spaces Available

Block B #B1

Space Type

Restaurant

Lease Rate

Contact for pricing

Total Space

6,000 SF

Divisible Space

6,000 - 6,000 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

Turnkey

Ground Floor.

39.2K VPD 32K VPD 17K VPD 13K VPD 61K VPD 104.4K VPD

Block B #B101

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,250 SF

Divisible Space

1,250 - 6,800 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

Turnkey

Ground Floor.

39.2K VPD 32K VPD 17K VPD 13K VPD 61K VPD 104.4K VPD

Block B #B102

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,150 SF

Divisible Space

1,150 - 6,800 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

Turnkey

Ground Floor.

39.2K VPD 32K VPD 17K VPD 13K VPD 61K VPD 104.4K VPD

Block B #B103

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,650 SF

Divisible Space

1,650 - 6,800 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

Turnkey

Ground Floor.

39.2K VPD 32K VPD 17K VPD 13K VPD 61K VPD 104.4K VPD

Block B #B104

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

15,000 SF

Divisible Space

15,000 - 15,000 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

Turnkey

Ground Floor.

39.2K VPD 32K VPD 17K VPD 13K VPD 61K VPD 104.4K VPD

Contacts

Terry Richardson

Heritage Partners

Brian Greene

Heritage Partners

Mary Dufour

WRS Real Estate Investments

67/100 Somewhat Walkable
53/100 Good Transit
57/100 Bikeable

Contact Lakeforest Mall - Redevelopment - Retail

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Lakeforest Mall - Redevelopment - Retail