127-129 5 W Patrick St, Frederick, MD
Fully furnished, remodeled office space available for rent.
- Added:
- Nov 24, 2025
- Days on Market:
- 199
- Last Refresh:
- May 20 at 9:33 pm
Property Features for 127-129 5 W Patrick St
General Information
- Standard status
- Active
- Size
- 1,653 SF
- Lot size
- 0.02 Acres
- Property subtype
- OFFICE
Properties For Sale
at 127-129 5 W Patrick St Contact usListing agent Chris Kline, Jr.
Listing office Frederick Commercial Real Estate (240) 457-4802
Listing date Nov 24, 2025
Source Moodyscre
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 Frederick Commercial Real Estate
HighLights
- Full remodel in 2020 including flooring, doors, cabinets, paint, HVAC, lighting, bathrooms, and kitchenettes.
- Fully furnished with desks, chairs, TVs, dry erase blackboards, couches, refrigerators, Nespresso coffee machine, dishes, and silverware.
- Features three private offices, reception/waiting area, and conference room.
- Energy‑efficient lighting with auto‑detect and Nest HVAC thermostat with remote access helps reduce and optimize monthly electric bill.
- Ring alarm system with remote access.
- Water filtration systems in both kitchen sinks.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.2k | $30.96 |
| − Vacancy | −$10.8k | −$6.53 |
| EGI | $40.4k | $24.43 |
| − OpEx | −$10.1k | −$6.11 |
| NOI | $30.3k | $18.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Frederick
- County
- Frederick
- State
- Maryland
- Longitude
- -77.408
- Latitude
- 39.4142