Hyatt Commercial is pleased to present the exclusive offering of Lakefront at Washingtonian, a 103,360-square-foot, five-story trophy office asset prominently positioned within Rio Lakefront in Gaithersburg, Maryland. Widely regarded as one of the most desirable suburban office destinations in the Washington, D.C. region, the property offers a rare combination of institutional-quality tenancy, assumable below-market financing, and a premier walkable mixed-use environment.
Situated directly on the waterfront within Rio Lakefront — Maryland's most-visited open-air shopping center and a nationally recognized top-25 lifestyle destination — the asset benefits from immediate access to more than 760,000 square feet of high-end retail, dining, entertainment, hospitality, and residential uses. The destination attracts approximately 7.5 million visitors annually and serves a dense, affluent trade area with average household incomes exceeding $140,000 within a five-mile radius.
The offering includes a $13.81 million non-recourse assumable loan at a fixed 4.41% interest rate through 2032, providing a highly attractive in-place financing structure relative to current debt markets. Launch Workplaces anchors the property with 45,281 square feet under a long-term agreement through 2033, while approximately 22,850 square feet of vacancy and near-term rollover provide a defined value-add lease-up opportunity. Reach out for access to the deal room!