One Preserve Parkway_Property for Sale
One Preserve Parkway_Property for Sale

One Preserve Parkway

1 Preserve Pkwy, Rockville, MD, 20852-4272, US

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this opportunity to purchase One Preserve Parkway (“One Preserve” or “the Property”), a 194,474 SF vacant Class A office/life science building situated in the heart of the Rockville submarket. The Property, built in 2008 and fully renovated in 2020 and 2024, offers best-in-class amenities including an amenity and co-working lounge, fitness center and locker rooms, exterior patios, and extensive back-of-house upgrades.


One Preserve’s location just off I-270 provides outstanding accessibility to the north and south alike, with downtown Washington, DC accessible in 30 minutes. Surrounded by over 375 residential units and amenities such as Harris Teeter, Walgreens, and dozens of restaurants within a 5-minute drive, the Property sits on 10.4 acres of PD-TO zoned land in an outstanding residential location.


One Preserve represents a compelling value-add opportunity with business plan optionality to leverage an outstanding physical asset for a lease-up play or take advantage of a fantastic location for residential redevelopment.

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Attributes

Building area gross
194,474 sf
Year built
2008
Year Renovated
2020 & 2024
Zoning
PD-TO (Planned Development Tower Oaks)
Land area gross
10.38 acres
Parking
630 Spaces (3.24/1,000 SF)

Media

Investment highlights

  1. Immaculately Repositioned, Vacant Life Science/Office Building Originally Constructed in 2008 and Comprehensively Transformed in 2024
  2. Best-In-Class Amenities Including an Amenity & Co-Working Lounge, Fitness Center & Locker Rooms, Exterior Patios, and Extensive Back-of-House Upgrades to Facilitate Life Science and/or Medical Leasing
  3. Virtually Column Free Floor Plates and Floor-to-Ceiling Windows in a Bucolic Setting Provide Ultimate Flexibility in Lease-Up Strategy
  4. A Full Floor of Newly Built Out, Best-In-Class Lab Spec Suites
  5. Outstanding Residential Location Situated in the Heart of One of the Most Affluent Submarkets in the Country
  6. 5-Minute Drive to Park Potomac (Featuring Harris Teeter and Founding Farmers) and a 10-Minute Drive to the Award Winning Mixed-Use Development Pike & Rose
  7. Irreplaceable, Transit-Oriented Location with Immediate Proximity to I-270 and Outstanding Access Characteristics to the North and South
One Preserve Parkway 4_Property for Sale
One Preserve Parkway 4_Property for Sale

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Last updated Sep 17, 2026