Aspen Hill Racquet Club LP Sells 120000 Square Foot Commercial Property In Silver Spring For $5.36M

This transaction involves the sale of a commercial asset located at 14501 Homecrest Road in Silver Spring, MD. The property is a sports and fitness facility known as The Aspen Hill Club, encompassing 120,000 square feet. The sale price was $5,360,000, resulting in a price per square foot of $45.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $5,360,000
• Address: 14501 Homecrest Road
• Market: Silver Spring, MD
• Seller: Aspen Hill Racquet Club LP
• Broker: Gil Neuman - Neuman Commercial Group
• Square Footage: 120,000
• Price Per Square Foot: $45

Neuman Commercial Group facilitated this transaction, marking its first-ever sale of The Aspen Hill Club. This sale is noted as the second tennis and fitness club transaction in 2025 for Neuman Commercial, with another property already listed for sale in Frederick, Maryland.