Bethesda, MD 20814
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Berkadia Real Estate Advisors, LLC is pleased to offer 5001 Wilson Lane, an iconic three-story, 4,654 square foot(rentable) building nestled in the heart of Bethesda. Combining its distinctive architectural stylings and strategic location, 5001 Wilson Lane represents a unique and prestigious investment opportunity in Bethesda’s thriving community.
Its prime location offers unmatched convenience, being just a short walk from the Bethesda Metro station and surrounded by extensive multifamily developments and vibrant shops and restaurants of Bethesda Row. Approximately 30,000 vehicles pass by daily, enhancing its visibility. 5001 Wilson Lane is designed to maximize natural light with its expansive glass window lines. Its floor plates are highly functional. The Property boasts spectacular rooftop views and provides the opportunity to create outdoor seating along the building’s perimeter.
the Offering
2021
213
20
Year Built
Market Rate Units
IZ Units
233
total units
25,368 SF
Class a Grnd lvl Retail
100%
Leased Retail
5,306 SF
2nd Floor Retail/office
4,000 SF
Event Space (Class A)
100 percent leased
Zoning permits commercial and residential uses
High visibility location with over 30,000 cars passing daily
Over 12,000 residential units within a 1/2 mile
Over 2 million square feet of retail within 1/2 mile
96 Walker’s Paradise
Soaring ceiling heights ranging from 9’ (top floor) to 19’ (ground floor)
Expansive glass line on all floors
Elevator Service
Fully ADA and life safety compliant
Building designed to meet LEED Silver specifications
0.35 Mi to Bethesda Metro Station
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
4445 Willard Avenue Suite 1200
Chevy Chase, MD 20815
D.C. OFFICE
Financing Team
Managing Director
240.396.1082
paul.hanafin@berkadia.com MD, DRE #633716
Paul Hanafin
Investment Sales
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Managing Director703.408.7701ted.hermes@berkadia.com
Ted Hermes
Investment Highlights
INVESTMENT HIGHLIGHTS
5001 Wilson Lane is a three-story, mixed-use commercial building with a roof deck in the heart of the Bethesda commercial building district. The shell of the original 1927, one-story masonry structure was preserved, and a new steel, concrete, glass structure was extruded from within the shell. The building was designed to meet Silver LEED certification. Some of the sustainable/green features are:
Investment Opportunity
Investors are invited to arrange tours through Berkadia and will be provided access to a comprehensive collection of online resources to assist in underwriting.
Berkadia has obtained expressions of interest from capital sources, both debt and equity, interested in participating in this transaction.
Expressions of interest are encouraged and will be evaluated upon submittal. Offers should be in the form of a non-binding letter of intent. Investors are expected to provide an appropriate level of detail outlining the terms of the proposed transaction and a full description of all sources of capital, conditions of closing, and approvals required.
Offers will be evaluated not only on those terms consistent with the ownership’s financial objectives, but on speed of execution.
5001 Wilson Lane is being offered in 100 percent fee simple interest.
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Managing Director240.204.5139dan.hawkins@berkadia.com
Dan Hawkins
Hospitality Team
Senior Director781.801.2378phil.brannigan@berkadia.com
Phil Brannigan
The Opportunity
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Developed in a walkable urban center. Public transit options include: 10-minute walk to Metro, bus stop in front of building, Bethesda circulator
Reuse of existing one-story masonry shell
Reduction of storm water runoff and impervious surfaces by employment of a permeable terrace and landscaping utilizing indigenous/drought resistant flora
Energy efficient glass with a SHGC rating of .37
Use of solar shading louvers on south side of building
Operable windows
Maximum day lighting to reduce artificial lighting. Every interior space has natural light and views to the outside
Exposed interior surfaces (ceilings, floors, structural steel) reducing fabrication, transportation, and installation of building materials and systems which typically would cover these surfaces
Polished concrete floors
No VOC / low VOC interior and exterior paint
All millwork is rapidly renewable: wheat board, and “plyboo”
All countertops are recycled glass and plastic
Elevator floor is recycled rubber
“Kone” elevator is non-hydraulic and uses 40% less electricity
Plumbing fixtures are low gallons per flush and photo / time sensitive
Use of gas, tankless water heaters
Lighting systems are governed by programmable switching with LED lamping
HVAC system is a high efficiency, “Mitsubishi” variable flow refrigerant with a “Lossnay” energy recovery heat exchanger.
Roof is a partial green roof (extensive) with high albedo reflective deck surface
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RETAIL TENANT PLAY
lease terms
The date that the Landlord delivers the Premisesto Tenant in the condition required in the lease,which is anticipated to occur on or about theEffective Date
Lease Commencement Date
Sept 13, 2021
Lease Execution Date
Backcountry.com, LLC
Lessee
11,643 SF
Leased SF
10 yrs after
Commencement
expiration date
June 2023
Anticipated Rent Commencement Date
10 YEARS
Term
YEAR ONE - $25.00/SF
YEAR TWO - $35.00/SF
YEAR THREE - $45.00/SF
YEAR FOUR - $45.90/SF
YEAR FIVE - $46.82/SF
YEAR SIX - $47.75/SF
YEAR SEVEN - $48.71/SF
YEAR EIGHT - $49.68/SF
YEAR NINE - $50.68/SF
YEAR TEN - $51.69/SF
Base Rent
Modified gross with reimbursements due onreal estate taxes over a base amount of $10/SF. Utilities are separately metered and are tenant responsibility. Tenant is also responsible for upkeeping, cleaning, and trash removal for its leased space.
Expense Reimbursement
Structure
2 five-year renewal options are available with astarting rate 2.0% higher than the annual BaseRent in the last year of the preceding term.During each renewal term, the annual Base Rentshall increase by 2.0% every year.
renewal options
5% on annual sales above $10MM
PERCENTAGE RENT
general lease terms
Founded in 2000, Backcountry sells clothing and outdoor recreation gear for hiking, camping, road biking, mountain biking, rock climbing, winter sports, fly fishing, kayaking, rafting, road and trail running, and more. Traditionally an online outdoor recreation specialty retailer based in Park City, Utah, Backcountry is opening its first East Coast brick-and-mortar store in Washington DC.
2 five-year renewal options are available with astarting rate 2.5% higher than the annual BaseRent in the last year of the preceding term.During each year of the renewal term, the annualBase Rent shall increase by 2.5% every year
renewal options
Net on real estate taxes based on
tenant’s proportionate share per the calculation
set forth in the lease. For all other operating
expenses, NNN at predetermined rates starting
at $4,151 annually plus 2.5% annual increases. These annual increases shall remain during any exercised renewal options. Utilities are separately metered and are tenant responsibility. Tenant is also responsible for upkeeping, cleaning, and trash removal for its leased space.
Expense Reimbursement
Structure
June 2023
Anticipated Rent Commencement Date
Later of: (i) the date Landlord
delivers Premises toTenant in the condition
required in the lease, or (ii)January 1, 2023,
provided that Tenant may request in writing that the Lease Commencement occur prior to
January 1, 2023, whereupon the Landlord shall deliver the Premises to Tenant, and the Lease Commencement Date shall occur, on the date set forth in such written notice.
Lease Commencement Date
Breakpoint is Base Rent divided by 6.0%.Percentage Rent is then calculated by multiplying6.0% times the amount over the breakpoint.
PERCENTAGE RENT
Rent starts at $65/SF
Step-up rent is 2.5% annually
Base Rent
10 YEARS
Term
10 yrs after
Commencement
expiration date
April 29, 2022
Lease Execution Date
Tatte Holdings, LLC
Lessee
4,151 SF
Leased SF
general lease terms
Born in Brookline, Massachusetts in 2007, Tatte Bakery & Café is a successful gourmet bakery, restaurant, and café focused on the Boston and Washington, DC area markets
2 five-year options available at the greater of: (i) 95% of the then-prevailing market rate or (ii) 3.0% higher than the base rent for the last year of the immediately preceding term. Annual 3.0% increases in the base rent will remain during each renewal option
renewal options
Net on real estate taxes based on tenant’s proportionate share per the calculation set forth in the lease. For all other operating expenses, NNN at predetermined rates starting at $10,480 annually plus 3.0% annual increases. These annual increases shall remain during any exercised renewal options. Utilities are separately metered and are tenant responsibility. Tenant is also responsible for upkeeping, cleaning, and trash removal for its leased space.
Expense Reimbursement
Structure
The date that the Landlord delivers the Premises to Tenant in the condition requiredin the lease, which is anticipated to occur on or about the Effective Date
Lease Commencement Date
AUGUST 2022
Anticipated Rent Commencement Date
NONE
PERCENTAGE RENT
Starts at $75/SF from years 1 through 5. On year 6, the base rent increases 3.0%annually thereafter
Base Rent
10 YEARS
Term
10 yrs after
Commencement
expiration date
March 10, 2022
Lease Execution Date
MAD 14th Street, LLC
Lessee
2,620 SF
Leased SF
general lease terms
Madabolic Fitness is a membership-based high-end gym focusing on intense interval training workouts. Founded in 2011 by former professional hockey players, Brandon Cullen and Kirk Dewaele, Madabolic sets a new standard for group fitness. The nature of Madabolic’s workouts attracts committed gym-goers who prioritize fitness as a lifelong focus. This translates to a stable revenue stream for MAD franchisees who are also sworn fitness enthusiasts. Madabolic Fitness will be leasing 2,620 SF of retail space at the property.
2 five-year options available. In the first option the base rent starts at $283,343.52 annually escalated at 2.5% annually and in the second option the base rent starts at the greater of:
(i) 95% of the then-prevailing market rate or
(ii) 2.5% higher than thebase rent for the last year of the first renewal term. During each renewal term, the annual Base Rent shall increase by 2.5% every year
renewal options
Net on real estate taxes based on tenant’s proportionate share per the calculation set forth in the lease. For all other operating expenses, NNN at predetermined rates starting at $13,415 annually plus 4.0% annual increases. These annual increases shall remain during any exercised renewal options. Utilities are separately metered and are tenant responsibility. Tenant is also responsible for upkeeping, cleaning, and trash removal for its leased space
Expense Reimbursement
Structure
The date that the Landlord delivers the Premises to Tenant in the condition requiredin the lease (i.e., with all Retail Shell Improvements set forth on the lease’s ExhibitD-1 completed), which is anticipated to occur on or about the Effective Date.
Lease Commencement Date
JANUARY 2023
Anticipated Rent Commencement Date
NONE
PERCENTAGE RENT
Rent starts at $82.5/SF.
Step-up rent is 2.5% annually
Base Rent
10 YEARS
Term
10 yrs after
Commencement
expiration date
February 18, 2022
Lease Execution Date
Capital Bank N.A.
Lessee
2,683 SF
Leased SF
general lease terms
Capital Bank is a local Maryland based bank that is opening a bank branch at the property. Capital Bank specializes in credit cards, auto loans, mortgages, banking, and savings accounts. Capital Bank will be leasing 2,683 SF of retail space at the property.
NONE
renewal options
Net on real estate taxes based on tenant’s proportionate share per the calculation set forth in the lease. For all other operating expenses, NNN at predetermined rates starting at $17,424 annually plus 5.0% annual increases. These annual increases shall remain during any extension periods. Utilities are separately metered and are tenant responsibility. Tenant is also responsible for upkeeping, cleaning, and trash removal for its leased space.
Expense Reimbursement
Structure
The date that the Landlord delivers the Premises to Tenant in the condition required in the lease, which is anticipated to occur on or about the Effective Date.
Lease Commencement Date
NOVEMBER 2023
Anticipated Rent Commencement Date
NONE
PERCENTAGE RENT
Rent starts at $82.5/SF.
Step-up rent is 3.0% annually
Base Rent
10 YEARS
Term
10 yrs after
Commencement
expiration date
February 15, 2022
Lease Execution Date
Pacers of DC, LLC
Lessee
1,452 SF
Leased SF
general lease terms
Founded in Old Town Alexandria, Pacers Running is a high-end running store that sells running shoes, apparel and more. It is a well-known and very popular runners’ store known more in Washington, DC and surrounding areas. Pacers will be leasing 1,452 SF of retail space at the property.
2 five-year options available. The first option at 2.5% higher compared to the final year in the initial term. During such first option, the 2.5% escalations remain on an annual basis for the first renewal term. The second option has base rent starting at 3.0% higher compared to the final year in the first renewal term. During such second option, the 3.0% escalations remain on an annual basis for the second renewal term.
renewal options
Net on real estate taxes based on tenant’s proportionate share per the calculation set forth in the lease. For all other operating expenses, NNN at predetermined rates starting at $14,095 annually plus 3.0% annual increases. These annual increases shall remain during any extension periods. Utilities are separately metered and are tenant responsibility. Tenant is also responsible for upkeeping, cleaning, and trash removal for its leased space
Expense Reimbursement
Structure
The date Landlord delivers the Premises to Tenant in the condition required in the lease, which is anticipated to occur on or about June 1, 2022 (the “Target Commencement Date”). If Landlord fails to deliver the Premises to Tenant in the condition required in the lease on or before July 15, 2022 (the “Delivery Abatement Deadline”), and provided such delay is not due to Force Majeure or any acts or omissions of Tenant or Tenant’s agents, employees or contractors, then as Tenant’s sole and exclusive remedy in connection therewith, Tenant shall be entitled to one (1) day of Base Annual Rent abatement for each day following the Delivery Abatement Deadline, until such date as Landlord has delivered the Premises to Tenant in the condition required in the lease. Additionally, if Landlord fails to deliver the Premises to Tenant in the condition required in the lease on or before December 1, 2022 (the “Delivery Termination Deadline”), and provided such delay is not due to Force Majeure or any acts or omissions of Tenant or Tenant’s agents, employees or contractors, then as Tenant’s sole and exclusive remedy in connection therewith, Tenant may terminate the Lease upon written notice to Landlord, to be delivered no later than December 10, 2022, time being of the essence. In the event the Lease shall in fact terminate by reason of such termination, Landlord shall reimburse Tenant for any advance rent and deposits previously paid by Tenant, together with any costs incurred by Tenant in the negotiation of the Lease and the preparation of plans and specifications and/or procurement of permits for Tenant’s Work (all such costs to be itemized and in no event shall such reimbursement exceed Forty Thousand Dollars ($40,000.00) in the aggregate) after deducting amounts for items accrued and not yet paid, if any, and both parties shall be relieved of all obligations under the Lease.
Lease Commencement Date
FEBRUARY 2023
Anticipated Rent Commencement Date
NONE
PERCENTAGE RENT
Rent starts at $70.0/SF.
Step-up rent is 2.5% annually
Base Rent
10 YEARS
Term
10 yrs after
Commencement
expiration date
March 7, 2022
Lease Execution Date
1231 Small Door, LLC
Lessee
2,819 SF
Leased SF
general lease terms
Small Door Veterinary is a veterinary practice. Small Door Vet will be leasing 2,819 SF of retail space at the property.
