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Bank with Drive-Through Lease Space
For Lease
$18 SF/Yr

198 THOMAS JOHNSON Drive, Frederick, MD 21701

CommercialLease - FREDERICK, MD

Property Size1,890 SF
Lot Size3.07 Acres
Days on Market264

Property Features for 198 THOMAS JOHNSON Drive

General Information

Property type Other
Property subtype Office
Subdivision THOMAS JOHNSON SURGERY CENTER
Elementary school district FREDERICK COUNTY PUBLIC SCHOOLS
Middle school district FREDERICK COUNTY PUBLIC SCHOOLS
High school district FREDERICK COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 3.07 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1977
Building materials Brick
Listing Agency: Mackintosh, Inc.
Listed By: Michael Kurtianyk · License #523250
Added: Nov 9, 2025 Changed: Jun 9 Last Checked: Jul 31 at 1:06AM
MLS# MDFR2072158

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 1,890-square-foot commercial lease was formerly a bank with a drive-through configuration. The space includes ADA accessibility via a main-level ramp, central A/C, and features suited to customer service and service-window operations. A large parking lot supports convenient arrival and departure for drivers.

Located at 198 Thomas Johnson Drive in Frederick, the property is positioned on a 3.07-acre lot within the Thomas Johnson business corridor. It is described as having strong street visibility and provides easy access to Route 15.

The drive-through layout and existing office-friendly infrastructure make the space a practical fit for a financial institution, coffee shop, restaurant, or a professional office that benefits from a highly visible street presence and straightforward vehicle access. The offering is described as flexible for build-out and available now, allowing tenants to tailor the interior to their specific operational needs while starting from an established commercial setup.

Key Highlights

  • High‑visibility location in Frederick City with heavy traffic flow.
  • Versatile +/- 1,890sf space suitable for various businesses.
  • Benefit from Drive‑through access (formerly a bank).

Property Analytics

Current Use

Gauthier Paul E ... Dental Office vagaly LLC Marketing & Advertising Beatrice Ochieng Psychotherapy Counselor Dental Services of Frederick Dental Office Dr. Brett Weedon, ... Dental Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Auto Repair Shop HVAC Service Building Supply

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,638
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

Market

Lease Benchmarks for Frederick, MD

$13.88 /SF/Yr
Avg Asking Price
$3.5–$22 /SF/Yr
Price Range
3,250 SF
Avg Space Size

This space is priced 30% above the average of $13.88 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Versatile Frederick lease with drive-through access, ADA ramp entry, central A/C, and ample parking for customer-focused uses.
Where is this office units located?
The property is located at 198 THOMAS JOHNSON Drive Frederick, MD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in Frederick City with heavy traffic flow.; Versatile +/- 1,890sf space suitable for various businesses.; Benefit from Drive‑through access (formerly a bank).
More about this property
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