Searching for the right place to open your new restaurant or retail store? Situated in the heart of Montgomery County, Rockville is the ideal location for your business due to a strong customer base and a diverse set of real estate offerings for you to choose from.
Rockville residents have triple the national rate of advanced degrees and earn $98,500 annually per household.
Around the Clock Customer Base
Rockville Pike is traversed by over 50,000 cars daily, while the city is home to 75,000 employees including the Montgomery County government.
Variety of Retail Spaces
Leasing options range from the walkable, Metro-adjacent town center to highly-visible shopping plazas along Rockville Pike. Asking rents in Rockville typically range from $25 to $45 per SF.
MAP OF SELECTED ROCKVILLE’S RETAIL AREAS
RETAIL AREA DESCRIPTIONS
Fallsgrove Village Center
The center is located on Shady Grove Road at the City’s western boundary and is anchored by Safeway. Nearby traffic drivers include the Universities at Shady Grove, Shady Grove Adventist Hospital, a Hilton Garden Inn, a Homewood Suites, and over 17 million SF of office space within a 3-mile radius.
King Farm Village Center
Near the Shady Grove Metro Station and a block from Rockville Pike, the village itself is home to 1,425 residential units and 1.25 million SF of office space that support retailers including the anchor, Safeway.
Rockshire Village Center
A neighborhood shopping center located along Wootton Parkway, Rockshire provides access to 10,000+ residents within a mile radius that have exceptionally high household incomes exceeding $170,000.
Rockville Pike – South
Stretching from the Twinbrook Metro Station to the intersection of Veirs Mill Road, the nearly 2-mile stretch of Rockville Pike is home to shopping centers (Congressional Plaza, Richie Center, Talbott Shopping Center, and Wintergreen Plaza) and a variety of strip retail offerings. Recent redevelopment is adding a significant amount of residents to the corridor, which sees nearly 55,000 cars per day.
The heart of Rockville with a long list of traffic drivers including a Cambria Hotel & Suites, Montgomery County courts and government offices, Metro and MARC stations, Regal Cinemas, the Rockville Memorial Library, and VisArts. Additionally, Rockville Town Square is a mixed-use development with several residential buildings and an active plaza that hosts concerts and an outdoor skating rink in the winter. Anchor tenants in the area include Dawson’s Market and Gold’s Gym.
Veirs Mill Road
Comprised mainly of two neighborhood shopping centers, Veirs Mill sees over 32,000 vehicles per day pass through. Within a mile radius is a population of nearly 16,000 with a median household income exceeding $80,000. The anchor for the area is Lotte Plaza Market, an Asian grocery store that opened in 2016.
FROM YOUR POTENTIAL NEIGHBORS
Dawn Crafton, Founder of Dawn Crafton Dance Connection, 152 Gibbs Street
“Our beautiful new studios in Rockville Town Square are easily accessible by Metro, I-270, and 1-495, which is convenient for students throughout Montgomery County.”
Ankur Rajpara and Jon Allen, Managing Partners of Pizza CS, 1596 Rockville Pike
“We chose Rockville for the highly educated population, great demographics, and numerous international residents.”
FINDING THE IDEAL SPACE
REDI staff is happy to help you find the perfect space for your business. After you provide us with the basic criteria for your business we will run a real-time search of available commercial space in Rockville and return a report with information on the matching properties. Simply give Michael Stiefvater a call at (301) 355-2202 or send an email to stiefvater@RockvilleREDI.org.