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Furnished Office Suite
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127-129 5 W Patrick St, Frederick, MD 21701

Move-in-ready workspace with private offices, reception, conference, and kitchenette areas.

Space Size1,653 SF
Days on Market860

Property Features for 127-129 5 W Patrick St

General Information

Standard status Active
Size 1,653 SF
Property subtype OFFICE
Lease Type NNN

Space & Availability

Private Offices 3
Meeting Rooms 1
Furnished Yes

Amenities

Reception / waiting area
Kitchenette
Energy efficient lighting
Energy efficient nest Hvac thermostat
Ring alarm system
Water filtration systems

Building Details

Year Renovated 2020

Spaces For Lease

at 127-129 5 W Patrick St
129 5 W Patrick St $20/SF/Yr
Size 1,653 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Three (3) private offices - Reception / waiting area - Conference room - Kitchenette - Full remodel in 2020 (flooring, doors, cabinets, paint, Hvac, lighting, bathrooms, kitchenettes) - Light utilization since remodel (1 individual w/primary use of 2nd floor main office) - Fully furnished (desks, chairs, tvs, dry erase blackboards, couches, refrigerators, nespresso coffee machine, dishes, silverware) - Energy efficient lighting w/auto detect (reduce/optimize monthly electric bill) - Energy efficient nest Hvac thermostat w/remote access (reduce/optimize monthly electric bill) - Ring alarm system w/remote access - Water filtration systems in both kitchen sinks
Contact us
Listing Agency: Frederick Commercial Real Estate
Listed By: Chris Kline, Jr.
Source: Moodyscre
Added: May 30, 2024 Changed: Oct 3 Last Checked: Oct 5 at 8:44PM

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

Investment Insights

Based on property information with market context.

This 1,653-square-foot office suite includes three private offices, a reception and waiting area, conference room, and kitchenette. The space is fully furnished with desks, chairs, TVs, dry-erase blackboards, couches, refrigerators, a Nespresso coffee machine, dishes, and silverware.

The office underwent a full remodel in 2020, including flooring, doors, cabinets, paint, HVAC, lighting, bathrooms, and kitchenettes. Energy-efficient lighting with auto-detect functionality and a Nest HVAC thermostat with remote access support operational efficiency. The suite also includes a Ring alarm system with remote access and water filtration systems in both kitchen sinks.

Key Highlights

  • 1,653 SF office suite with three private offices
  • Reception and waiting area plus conference room
  • Fully furnished with desks, chairs, TVs, couches, refrigerators, and office equipment

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Pet Store & Service Mobile Phone Store Clothing & Fashion 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,911
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Frederick, MD

$23.2 /SF/Yr
Avg Asking Price
$3.5–$216 /SF/Yr
Price Range
11,125 SF
Avg Space Size

This space is priced 14% below the average of $23.2 /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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready workspace with private offices, reception, conference, and kitchenette areas.
Where is this office units located?
The property is located at 127-129 5 W Patrick St Frederick, MD.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,653 SF office suite with three private offices; Reception and waiting area plus conference room; Fully furnished with desks, chairs, TVs, couches, refrigerators, and office equipment
(240) 457-4802 Call to check price and availability
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