
7th & D
301 7th Street Southwest, Washington, DC, 20024, US
940,096 sf
Jones Lang LaSalle, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present for sale 1500 & 1550 E Gude Drive (the “Portfolio”), a two-property life science portfolio in the epicenter of the #3 ranked U.S. cluster, the BioHealth Capital Region (comprising Maryland, Virginia, and Washington, D.C.). The Portfolio totals 91,359 SF and is 51% leased to two tenants with 5.3 years of weighted average lease term (WALT), offering investors the opportunity to capture fully stabilized cash flow from 1500 E Gude Drive and reposition the newly vacant 1550 E Gude Drive at a historically low basis.
The Portfolio is a direct beneficiary of the BioHealth Capital Region’s intense concentration of biotechnology investment. Within the BioHealth Capital Region, Rockville has the highest life science concentration of any locality: 42% of the region’s 50 largest biotechnology companies are based in Rockville. Rockville’s prolific biotechnology ecosystem density is driven by the proximate presence of the National Institutes of Health, the world’s largest public funder of biomedical research, and the Food and Drug Administration, the country’s most influential biotechnology regulator.
The tenants at 1500 E Gude Drive, Montgomery County, Maryland and Maxim Biomedical, Inc., offer forwardlooking stability and secure cash flows. Montgomery County has maintained the highest possible credit rating with Moody’s for 53 consecutive years and recently approved a 7.0% budget increase for 2026. Concurrently, Maxim Biomedical, Inc., freshly armed with an unprecedented $49.5 million grant, has new plans to expand its manufacturing and development capabilities at 1500 E Gude Drive.
Situated on 4.23 acres (184,071 SF) across two parcels with Mixed-Use Business zoning, 1500 & 1550 E Gude Drive provide an exceptional opportunity for investors to enter the densest locality in the U.S. #3 ranked life science cluster while affording by-right redevelopment optionality for residential, office, laboratory, restaurant, and hotel land uses.