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Adaptable Office Space For Rent
For Lease
$2,800/Mo

438 N FREDERICK Ave 435, Gaithersburg, MD 20877

Flexible office space in a convenient location with ample parking.

Space SizeContact for details
Property Size1,307 SF
Days on Market152

Property Features for 438 N FREDERICK Ave 435

General Information

Standard status Active
Size 1,307 SF
Property subtype Commercial
Lease Term Flexible

Building Details

Year Built 1982
Units 1
Listing Agency: Century 21 Redwood Realty
Listed By: Melissa M Atherholt · License #528672
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 5:18AM

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 full-service office space for rent, located in the Fairview Building, includes all utilities, condo fees, and CAM. The adaptable 1307 square foot space is suitable for various types of businesses. Free parking is available for both employees and clients. Two spaces are available, #435 and #455, offering options for additional square footage. Both units feature open views of the Montgomery County Fairgrounds. A kitchenette and conference room are available on the same floor. Unit 435 is configured with four office or meeting spaces, two of which have window views, a large reception and main area, and medical equipment electrical upgrades. Unit 455 features an open concept floorplan with a large open work floor space upgraded for computer servers and two semi-private glass enclosure executive office spaces with window views. The building includes a Class A lobby with extensive granite in common areas, a shared fitness area, and both front and rear entry for convenience. Shared conference rooms and a kitchen are also available on each floor.

Key Highlights

  • All utilities, condo fee, and CAM are included in the rent.
  • Ample free parking available for employees and clients.
  • Flexible office space with options for private offices or open concept layouts.

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
$3.86 /SF/Yr
CAM

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

$18.1 /SF/Yr
Avg Asking Price
$1.75–$32.73 /SF/Yr
Price Range
4,146 SF
Avg Space Size

This space is priced 42% above the average of $18.1 /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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office space in a convenient location with ample parking.
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 $2,800/Mo.
What are key features of this property?
This property features: All utilities, condo fee, and CAM are included in the rent.; Ample free parking available for employees and clients.; Flexible office space with options for private offices or open concept layouts.
More about this property
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