CLASSIFIEDS
00096652 —
Listing Began:
Description
Seller's Comments and Description:
NOTICE
Montgomery County, Maryland (“County”) and Sandra Cotler, Trustee of the Sandra Cotler Revocable Trust (“Landlord”) intend to execute a lease (“Lease”) by which the County leases a 3.11acre property located at 14825 Old Dover Road, Rockville, Maryland. The unimproved lot is comprised of five tax accounts, 00047440, 00047416, 00047462, 00047451, 00047484 . The Lease term will be twenty (20) years with two (2) additional ten-year options. The Lease shall commence on January 1, 2026. Base rent shall commence July 1, 2026 and shall be Four hundred twenty thousand dollars ($420,000) annually plus 2.75% annual escalation beginning on the first anniversary. The County will also pay real estate taxes estimated at Fifteen thousand six hundred eighty-one dollars ($15,681) annually, adjusted for increases over time. The Lease shall be an absolute net lease, with the County responsible for all maintenance and operating expenses. The Lease will be subject to annual appropriation. The County will accept the Leased Premises in “as is” condition and will use the parcel as parking and fueling to support an adjacent School Bus Depot for a portion of the MCPS school bus fleet.
For additional information or to comment, please contact Montgomery County, Department of General Services, Office of Real Estate, 101 Monroe Street, 9th Floor, Rockville, MD 20850, Attn: Chief of Real Estate. You may also email DGS.ORE@montgomerycountymd.gov. or call 240-777-6089. Comments must be received no later than October 17, 2025.
September 24, 2025
October 1 & 8, 2025
Ad#96652