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Flexible Office Unit with Private Offices
For Lease
$2,800/Mo

438 N Frederick Ave Unit 435, Gaithersburg, MD 20877

Office space offers adaptable layouts, shared conference facilities, kitchenette access, and on-site parking for employees and visitors.

Space SizeContact for details
Days on Market20

Property Features for 438 N Frederick Ave Unit 435

General Information

Standard status Active

Building Details

Year Built 1982
Listing Agency: Century 21 Redwood Realty
Listed By: Melissa M Atherholt · License #RSR003093
Source: Lgagne
Added: Sep 16 Changed: Oct 2 Last Checked: Oct 4 at 1:28PM

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.

Office Unit 435 in the Fairview Building provides 1,307 square feet of adaptable workspace within a 1982 commercial property. The layout includes four office or meeting areas, two with window exposure, along with a reception area and larger central workspace. Medical equipment electrical upgrades are also in place. Unit 455 is additionally available as an open-plan option with computer-server upgrades and two semi-private executive offices.

Shared amenities include conference rooms, kitchenettes, a fitness area, and granite-finished common areas. The building offers front and rear entrances, on-site parking, and views toward the Montgomery County Fairgrounds. Utilities, condo fees, and CAM are included in the full-service rental structure.

Key Highlights

  • 1,307‑square‑foot Unit 435 with four office or meeting areas
  • Unit 455 offers open workspace, computer‑server upgrades, and two semi‑private executive offices
  • Medical equipment electrical upgrades in Unit 435

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

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
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Market

Lease Benchmarks for Gaithersburg, MD

$15.36 /SF/Yr
Avg Asking Price
$1.75–$29.5 /SF/Yr
Price Range
5,646 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 - Office space offers adaptable layouts, shared conference facilities, kitchenette access, and on-site parking for employees and visitors.
Where is this office units located?
The property is located at 438 N Frederick Ave Unit 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: 1,307‑square‑foot Unit 435 with four office or meeting areas; Unit 455 offers open workspace, computer‑server upgrades, and two semi‑private executive offices; Medical equipment electrical upgrades in Unit 435
More about this property
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