The Shops at Congressional Village, a prominent shopping center in Rockville, Maryland, is once again making headlines as it becomes available for purchase. The center, which sold for $44 million at auction in 2022 after the previous owner defaulted on a 2019 mortgage, has since undergone a transformation, attracting several new businesses and restaurants.
According to a listing on LoopNet, Wyn Group LLC is offering an opportunity to acquire this high-performing, service-oriented retail center, located at the intersection of Rockville Pike and Halpine Road. The Shops at Congressional Village is currently 100% leased to a diverse mix of 26 tenants.
Notable businesses include Verizon Wireless, Kanpai BBQ & Hotpot, Tesolife, Sola Salon Suites, Armand’s Pizza, and more “offering long-term income stability and consistent foot traffic,” with over 49,000 vehicles passing by daily on Rockville Pike. The full listing can be found here.