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Flex Suite with Lab Space
For Lease
$7 SF/Yr NNN

241 E 4th Street 100ll, Frederick, MD 21701

Basement suite includes workstations, open area, kitchen, lab/storage rooms, and garage access with roll-up door.

Space SizeContact for details
Days on Market41

Property Features for 241 E 4th Street 100ll

General Information

Standard status Active

Building Details

Year Built 1937
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Source: Kandorre
Added: Jul 21 Changed: Aug 8 Last Checked: Aug 29 at 12:26PM

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 Mackintosh, Inc.

Investment Insights

Based on property information with market context.

Suite 100LL offers flex-style space with a basement area featuring 10 workstation areas and one large open area. The layout also includes a kitchen area, two large lab/storage rooms, and a first-floor lab area.

The suite includes a garage with a roll-up door, along with a second entrance. Parking for 10 cars is provided, and the listing notes that NNN includes utilities.

This offering is presented as a for-rent office and flex space unit suitable for tenants needing a combination of workstation and lab/storage environments within the suite configuration.

Key Highlights

  • 5,000 SF Suite 100LL basement area
  • Includes 10 workstation areas plus a large open area
  • Kitchen area and two large lab/storage rooms

Property Analytics

Current Use

Paige Hammarlund, Charis ... Real Estate Agency Latoya Thomas, Realtor Real Estate Agency The Wolfe Team of Charis ... Real Estate Agency Allie Vasquez | Maryland ... Real Estate Agency Jeremy Sanchez Realtor ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Pet Store Pet Store & Service Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

3,244
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21701, MD

39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value

Market

Lease Benchmarks for Frederick, MD

$11.7 /SF/Yr
Avg Asking Price
$7–$17.5 /SF/Yr
Price Range
70,164 SF
Avg Space Size

This space is priced 40% below the average of $11.7 /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?
Flex space - Basement suite includes workstations, open area, kitchen, lab/storage rooms, and garage access with roll-up door.
Where is this flex space located?
The property is located at 241 E 4th Street 100ll Frederick, MD.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 5,000 SF Suite 100LL basement area; Includes 10 workstation areas plus a large open area; Kitchen area and two large lab/storage rooms
More about this property
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