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1050 Key Pkwy, Frederick, MD

Two-story medical and professional office building near Route 15.

Space Size1,349 SF - 6,441 SF
Lot Size1.85 Acres
Days on Market1090

Property Features for 1050 Key Pkwy

General Information

Standard status Active
Size 1,349 SF - 6,441 SF
Lot size 1.85 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1050 Key Pkwy Contact us

1050 Key Pkwy $18/SF/Yr

Floor 2
Size 3,479 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 1050 Key Parkway is a two story medical and professional office building. The property is located adjacent to Rite Aid and across the street from Fitzgerald Auto Mall. Access is convenient with Route 15 North & South being just a few hundred yards up the street. Also within a mile radius there are several amenities including restaurants, dry cleaners, grocery stores and retail shops. - All available space can be combined into a 13,257 SF suite - Conveniently located near Route 15, 70 and 270 - Free surface parking - Close proximity to food and shopping amenities - Local property management - Two stories with elevator - Built out with eight private offices, kitchenette, in-suite bathrooms and three larger rooms that can be conference, meeting rooms or demised into other spaces.
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1050 Key Pkwy $18/SF/Yr

Floor 1
Size 3,099 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 1050 Key Parkway is a two story medical and professional office building. The property is located adjacent to Rite Aid and across the street from Fitzgerald Auto Mall. Access is convenient with Route 15 North & South being just a few hundred yards up the street. Also within a mile radius there are several amenities including restaurants, dry cleaners, grocery stores and retail shops. - All available space can be combined into a 13,257 SF suite - Conveniently located near Route 15, 70 and 270 - Free surface parking - Close proximity to food and shopping amenities - Local property management - Two stories with elevator - Built out with two private offices, a kitchenette, private entrance and large open work space.
Contact us

1050 Key Pkwy $18/SF/Yr

Floor 2
Size 1,349 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 1050 Key Parkway is a two story medical and professional office building. The property is located adjacent to Rite Aid and across the street from Fitzgerald Auto Mall. Access is convenient with Route 15 North & South being just a few hundred yards up the street. Also within a mile radius there are several amenities including restaurants, dry cleaners, grocery stores and retail shops. - All available space can be combined into a 13,257 SF suite - Conveniently located near Route 15, 70 and 270 - Free surface parking - Close proximity to food and shopping amenities - Local property management - Two stories with elevator - Built out with two private offices, a kitchenette, private entrance and large open work space.
Contact us

1050 Key Pkwy $17/SF/Yr

Floor 2
Size 6,441 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 1050 Key Parkway is a two story medical and professional office building. The property is located adjacent to Rite Aid and across the street from Fitzgerald Auto Mall. Access is convenient with Route 15 North & South being just a few hundred yards up the street. Also within a mile radius there are several amenities including restaurants, dry cleaners, grocery stores and retail shops. - All available space can be combined into a 13,257 SF suite - Conveniently located near Route 15, 70 and 270 - Free surface parking - Close proximity to food and shopping amenities - Local property management - Two stories with elevator - Built out with two private offices, in-suite bathrooms and open space that can be left open or renovated to fit a specific need.
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Listing Agency: AushCo Commercial Real Estate
Listed By: Justin Ausherman
Source: Moodyscre
Added: Oct 12, 2023 Changed: Sep 10 Last Checked: Oct 4 at 11:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AushCo Commercial Real Estate

Investment Insights

Based on property information with market context.

The property at 1050 Key Parkway is a two-story medical and professional office building. It is situated adjacent to Rite Aid and across from Fitzgerald Auto Mall. The location provides convenient access to Route 15 North and South, which are a few hundred yards away. Within a mile radius, there are several amenities, including restaurants, dry cleaners, grocery stores, and retail shops. The building features two stories with an elevator and offers free surface parking. Local property management is available. The available space can be combined into a 13,257 square feet suite. The property is conveniently located near Routes 15, 70, and 270. The built-out space includes eight private offices, a kitchenette, in-suite bathrooms, and three larger rooms suitable for conference or meeting rooms, or for division into other spaces.

Key Highlights

  • Potential for a large 13,257 SF suite.
  • Convenient access to Routes 15, 70, and 270.
  • Free surface parking.

Property Analytics

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Current Use

Lauren Palmer Physician FYZICAL Therapy & Balance ... Physician Kara Kelly Physician Valley Chiropractic - Frederick Alternative Medicine Practice Universal Healthcare Specialists Medical Clinic

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Parking Lot & Garage HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Frederick, MD

$20.1 /SF/Yr
Avg Asking Price
$12–$33 /SF/Yr
Price Range
6,027 SF
Avg Space Size

This space is priced 10% below the average of $20.1 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story medical and professional office building near Route 15.
Where is this medical office space located?
The property is located at 1050 Key Pkwy Frederick, MD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Potential for a large 13,257 SF suite.; Convenient access to Routes 15, 70, and 270.; Free surface parking.
(240) 578-4220 Call to check price and availability
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