Earlier this month we let you know that the MVA Express was looking to extend its lease at 16520 S. Westland Dr. in Gaithersburg’s Walnut Hill shopping center. The extension has been approved by the Maryland Board of Public Works.
The MVA Express has had the location in Gaithersburg for approximately 36 years, and the current lease expires at the end of this month. The Maryland Board of Public Works took up the extension at its Valentine’s Day meeting on Wednesday, February 14th, where the extension for the 6,236 SF space was approved. The term of the lease goes from March 1st, 2024 until February 28th, 2029 with one five-year renewal option. The annual rent is $168,287.
Last year, the Gaithersburg City Council approved the annexation of the Walnut Hill shopping center, which paved the way for Aldi to move in to part of the old grocery store space and a new Sheetz to be built. Aldi will be taking over a little more than half of the space that was previously home to Weis, and Concentra, a nationwide leader occupational medicine, will occupy the adjacent space.