Two-Office Professional
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For Lease
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438 FREDERICK Avenue N, Gaithersburg, MD 20877
CommercialLease, GAITHERSBURG, MD
Space Size1,186 SF
Property Size87,612 SF
Lot Size2.40 Acres
Days on Market4
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
shared conference rooms
kitchens
fiber-lit building
24-hour controlled access
security system
free parking
covered parking
Building Details
Year built
1982
Building materials
Brick, Concrete, Steel Siding, Masonry
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(301) 870-7653
Listed By:
Steeve Simbert · License #5018980
(202) 749-2499
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:06PM
MLS# MDMC2260538
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.
This second-floor office suite contains approximately 1,186 square feet, with a reception area, glass-enclosed waiting space, two open workstations, and two private offices. Separate doors provide distinct entry points for clients and staff. The four-story Fairview Building was constructed in 1982 and renovated in 2007; its shared facilities include a fitness room, conference rooms, and kitchens. The building is fiber-lit and has 24-hour controlled access, a security system, and free parking with covered spaces available.
The property fronts Route 355 in Gaithersburg, with access to I-270. A bus stop is directly outside, and the Gaithersburg MARC station is about one mile away. Lakeforest Mall and the Montgomery Village Avenue retail corridor are nearby.
The property fronts Route 355 in Gaithersburg, with access to I-270. A bus stop is directly outside, and the Gaithersburg MARC station is about one mile away. Lakeforest Mall and the Montgomery Village Avenue retail corridor are nearby.
Key Highlights
- Approximately 1,186 square feet on the second floor
- Two private offices, two open workstations, reception, and glass‑enclosed waiting area
- Separate entry doors for clients and staff
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,410
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, glass-enclosed waiting space, and separate client and staff entrances support a functional office layout.
Where is this office unit located?
The property is located at 438 FREDERICK Avenue N Gaithersburg, MD.
What are key features of this property?
This property features: Approximately 1,186 square feet on the second floor; Two private offices, two open workstations, reception, and glass‑enclosed waiting area; Separate entry doors for clients and staff
