Land

5523 Landy Lane Seniors Site

Bethesda, Maryland United States
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2024
Building Area Gross
Land Area Gross ()
Number of units 121

Asset Description

JLL is pleased to present the opportunity to participate in the development of 5523 Landy Lane via a purchase of the site or a Joint Venture with Miller Group. The site is entitled with a building envelope that will accommodate 121 units or more of active adult, independent living, assisted living, and/or memory care.

Investment Highlights

  • Within two miles of over 14 million square feet of office space, 5523 Landy Lane is perfectly positioned to capitalize on the tremendous continued growth of Bethesda
  • The Property is within a five-minute drive to the National Institutes of Health, Walter Reed Military Center and both Woodmont Triangle and Bethesda Row
  • Hospitality giant Marriott International is set to move its global headquarters and 3,500 employees to Bethesda in 2022
  • Host Hotels, Booz Allen Hamilton, Orano USA, JBG Smith, and Fox News all recently announced relocations to office sites within minutes of the Property
  • The Property's Whole Foods adjacent infill location in an exceptionally high barrier-to-entry market with world-class demographics and permanent demand drivers will provide cash flow stability and steady future income growth upon project delivery
Last Updated Date: 13 May 2022

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Last Updated Date: 13 May 2022

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