Wheaton, MD Commercial Real Estate for Lease and Sale

Explore 11 listings of Wheaton commercial real estate for lease and for sale to find the best space for your business.

12125 Veirs Mill Road

12125 Veirs Mill Road, Wheaton, Silver Spring, MD
Property

Office

29,633 SF
Availability

3 Spaces

18,685 SF
Year Built

1979
For Lease

$19.50/SF/YR
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Doctors Medical Park East & West Buildings

10301 Georgia Avenue, Wheaton, Silver Spring, MD
Property

Office

76,107 SF
Availability

9 Spaces

20,214 SF
Year Built

1985
For Lease Contact for pricing
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Lakewood @ Georgia Avenue

11510 Georgia Avenue, Wheaton, Silver Spring, MD
Property

Office

53,774 SF
Availability

5 Spaces

10,302 SF
Year Built

1981
For Lease

$24.00/SF/YR
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Westfield Wheaton South Tower

11002 Veirs Mill Rd, Wheaton, MD
Property

Office

85,000 SF
Availability

8 Spaces

29,896 SF
Year Built

1961
For Lease

$29.00/SF/YR
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11435 Grandview Ave

11435 Grandview Ave, Wheaton, Silver Spring, MD
Property

Retail

15,874 SF
Availability

1 Space

8,574 SF
Year Built

1950
For Lease

$29.00/SF/YR
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2415 Ennalls Ave

2415 Ennalls Ave , Wheaton, Silver Spring, MD
Property

Retail

5,300 SF
Availability

1 Space

5,300 SF
For Lease Contact for pricing
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11321 Fern Street

11321 Fern Street, Wheaton, MD
Property

Industrial

3,750 SF
Availability

1 Space

3,750 SF
For Lease

$12,000.00/MO
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2321 University Blvd W

2321 University Blvd W, Wheaton, MD
Property

Retail

26,336 SF
Availability

1 Space

6,600 SF
Year Built

1955
For Lease Contact for pricing
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11307 Georgia Avenue

11307 Georgia Avenue, Wheaton, MD
Property

Office

6,300 SF
Availability

2 Spaces

6,300 SF
For Lease

$30.00/SF/YR
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Wheaton Office Building

11219 Grandview Ave., Wheaton, Silver Spring, MD
Property

Retail

11,337 SF
Availability

1 Space

11,337 SF
For Lease Contact for pricing
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12119 Heritage Park Circle

12119 Heritage Park Circle, Wheaton, Silver Spring, MD
Property

Office

875 SF
Availability

1 Space

875 SF
For Lease

$1,300.00/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Wheaton commercial real estate market incorporates 251,689 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Wheaton commercial real estate market includes 58,847 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Wheaton market, there is a total of 3,750 square feet of industrial property.

The listing inventory in Wheaton incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Wheaton is represented by Office space, which accounts for 86,272 square feet of available listings. Retail space available in Wheaton adds up to 23,237 square feet.

Meanwhile, most of the listings of commercial property for sale in Wheaton are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Wheaton is $29.2 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Wheaton can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Wheaton, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot. In particular, the property type commanding the highest lease rates in Wheaton was Office space.

The average size of a commercial property in Wheaton depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Wheaton, the average size of an office property is 41,949 square feet.
Retail properties here incorporate an average of 14,712 square feet.
Industrial space in Wheaton is in buildings that are, on average 3,750 square feet in size.

Wheaton, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Wheaton currently add up to 100,784 square feet. The market offers 4 active office listing(s), which amount to 79,097 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 17,937 square feet across 3 retail space(s). Industrial space for rent opportunities in Wheaton amount to 3,750 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	79,097
Retail	3	17,937
Industrial	1	3,750

Wheaton, MD Commercial Real Estate for Lease and Sale

12125 Veirs Mill Road

Doctors Medical Park East & West Buildings

Lakewood @ Georgia Avenue

Westfield Wheaton South Tower

11435 Grandview Ave

2415 Ennalls Ave

11321 Fern Street

2321 University Blvd W

11307 Georgia Avenue

Wheaton Office Building

12119 Heritage Park Circle

Frequently Asked Questions

Wheaton, MD Currently Available Listings

Commercial Space for Lease Breakdown

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Wheaton, MD Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Wheaton, MD?

What factors affect the price of commercial real estate in Wheaton, MD?

What is the average rent for commercial space in Wheaton, MD?

What are the best areas for commercial real estate in Wheaton, MD?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Wheaton, MD?

Wheaton, MD Currently Available Listings

Commercial Space for Lease Breakdown

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