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Adaptable Office Space Available
For Lease
$2,100/Mo

438 N Frederick Ave #435, Gaithersburg, MD 20877

Flexible office space in the Fairview Building, Gaithersburg.

Space SizeContact for details
Days on Market369

Property Features for 438 N Frederick Ave #435

General Information

Standard status Active

Building Details

Year Built 1982
Listing Agency: CENTURY 21 REDWOOD REALTY
Listed By: MELISSA M ATHERHOLT · License #528672
Source: Corcoran
Added: Aug 19, 2025 Changed: Mar 16 Last Checked: Aug 6 at 8:09AM

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 CENTURY 21 REDWOOD REALTY

Investment Insights

Based on property information with market context.

This adaptable office space is located in the Fairview Building and offers a convenient location suitable for various types of businesses. The 888-square-foot space is available for rent and provides ample free parking for both employees and clients. An additional space, #455, is also available, offering the possibility of increased square footage. Unit 435 features a layout conducive to separate private offices, including four office or meeting spaces, two of which offer window views. It also includes a large reception and main area, along with medical equipment electrical upgrades. A kitchenette and conference room are available on the same floor. The tenant is responsible for a shared quarterly utility expense. Unit 455 features an open concept floorplan with a large open workfloor space upgraded for computer servers and two semi-private glass enclosure executive office spaces with window views. Both units boast open views of the Montgomery County Fairgrounds. The property is listed for sale and for rent.

Key Highlights

  • Excellent, adaptable office space in the sought‑after Fairview Building.
  • Ample, easy, free parking for employees and customers.
  • Flexible 888 sqft space, with an option to expand with adjacent unit #455.

Property Analytics

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

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

Market

Lease Benchmarks for Gaithersburg, MD

$16.71 /SF/Yr
Avg Asking Price
$1.75–$29.5 /SF/Yr
Price Range
4,967 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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office space in the Fairview Building, Gaithersburg.
Where is this office units located?
The property is located at 438 N Frederick Ave #435 Gaithersburg, MD.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: Excellent, adaptable office space in the sought‑after Fairview Building.; Ample, easy, free parking for employees and customers.; Flexible 888 sqft space, with an option to expand with adjacent unit #455.
More about this property
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