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Office Units with Shared Amenities
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438 FREDERICK Avenue N, Gaithersburg, MD 20877

CommercialLease, GAITHERSBURG, MD

Space SizeContact for details
Property Size87,612 SF
Lot Size2.40 Acres
Days on Market8

Property Features for 438 FREDERICK Avenue N

General Information

Property type Other
Property subtype Office
Parking 200
Parking features Parking Lot
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 2.40 Acres

Utilities

Cooling system Central Air

Amenities

fitness room
conference rooms
kitchens
fiber-lit
24-hour controlled access
security system
free parking

Building Details

Year built 1982
Building materials Brick, Concrete, Steel Siding, Masonry
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Steeve Simbert · License #5018980
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 19 at 6:06AM
MLS# MDMC2259534

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.

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Investment Insights

Based on property information with market context.

Office space is offered in a four-story building at 438 Frederick Avenue N in Gaithersburg. The property contains 87,612 SF and was built in 1982, with renovation work completed in 2007. Brick, concrete, steel siding, and masonry are among its construction materials; central air serves the building. The lobby and common areas are designated Class A.

Shared facilities include a fitness room, conference rooms, and kitchens. Building features also include fiber service, a security system, and controlled entry available 24 hours a day. Parking is provided on site, including covered spaces. The property occupies 2.4 acres in Montgomery County, Maryland.

Key Highlights

  • Four‑story office building with 87,612 SF
  • Renovated in 2007; built in 1982
  • Shared fitness room, conference rooms, and kitchens

Property Analytics

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Current Use

Window Replacement DC Hardware & Home Improvement Cyber Infotech, LLC (Bike/Boat/Book/etc) Store Smile Improvers Dental ... Dental Office Erfan Farrokh DDS Dental Office Dan Travel Tour Operator

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Plumbing Service Garden Center

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,410
Businesses Nearby

Demographics for 20877, MD

37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
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Market

Lease Benchmarks for Gaithersburg, MD

$14.11 /SF/Yr
Avg Asking Price
$1.75–$29.5 /SF/Yr
Price Range
5,547 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office units - Tenants can use on-site fitness, conference, and kitchen facilities, with controlled access to the building around the clock.
Where is this office units located?
The property is located at 438 FREDERICK Avenue N Gaithersburg, MD.
What are key features of this property?
This property features: Four‑story office building with 87,612 SF; Renovated in 2007; built in 1982; Shared fitness room, conference rooms, and kitchens
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