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Built-Out Office Suite

438 N FREDERICK AVENUE Unit 320, Gaithersburg, MD 20877

For Lease
$1,800/Mo

Rent covers utilities and common-area maintenance; the tenant pays separately for internet.

Space SizeContact for details
Days on Market450

Property Features for 438 N FREDERICK AVENUE Unit 320

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 2022
Listing Agency: Century 21 Redwood Realty
Listed By: Melissa M Atherholt · License MD #528672
Source: Evansgroupdmv
Added: Aug 19, 2025 Changed: Nov 9 Last Checked: Nov 10 at 8:08AM

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

Rey
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Investment Insights

Based on property information with market context.

This office suite has a reception area, lobby, several offices, and a small kitchenette with a refrigerator. Windowed offices and a windowed reception or administrative area bring natural light into portions of the space. The building also contains conference rooms, restrooms, and a kitchen, with a marble-tiled lobby.

The full-service rental includes utilities, condo fees, and CAM. Internet is the tenant’s separate expense. Free parking is available for employees and clients. The building was constructed in 2022.

Key Highlights

  • Built in 2022
  • Several offices, including windowed office space and a windowed reception or administrative area
  • Kitchenette with refrigerator

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Gaithersburg, MD

$16.3 /SF/Yr
Avg Asking Price
$1.75–$29.5 /SF/Yr
Price Range
4,815 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Gaithersburg, MD

$18.11 Jul
$17.31 Aug
$15.36 Sep
$16.3 Oct

Properties on Market for Office Units in Gaithersburg

Jul
Aug
Sep
Oct

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 unit - Rent covers utilities and common-area maintenance; the tenant pays separately for internet.
Where is this office unit located?
The property is located at 438 N FREDERICK AVENUE Unit 320 Gaithersburg, MD.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: Built in 2022; Several offices, including windowed office space and a windowed reception or administrative area; Kitchenette with refrigerator
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