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Medical Office Space with Basement
New
For Lease
$24 SF/Yr

470 W Patrick St, Frederick, MD 21701

A full basement and first-floor space are part of this DB-zoned property.

Space Size4,522 SF
Lot Size0.58 Acres
Days on Market4

Property Features for 470 W Patrick St

General Information

Standard status Active
Size 4,522 SF
Net Rentable 4,522 SF
Lot size 0.58 Acres
Zoning DB

Space & Availability

Available Space 4,522 SF
Contiguous Space 4,522 SF

Amenities

Safe
High Speed Internet

Building Details

Year Built 1960
Building Size 4,522 SF
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Source: Soldbypattie
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 4 at 3:20PM

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 Mackintosh, Inc.

Investment Insights

Based on property information with market context.

Available for lease, this medical office property has a first floor and a full basement. The building dates to 1960 and is zoned DB (Downtown Business). A large safe and high-speed internet are present. The site includes a 25,265-square-foot lot at 470 W Patrick St in Frederick, Maryland.

Key Highlights

  • First floor plus a full basement
  • DB (Downtown Business) zoning
  • 25,265‑square‑foot lot at 470 W Patrick St

Property Analytics

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Current Use

Fox Management Group ... Property Management Company Busack Eye Center: ... Ophthalmologist Busack Eye Center Ophthalmologist 2nd Chance Bail ... Law Firm David Holland Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop 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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21701, MD

39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Frederick, MD

$20.1 /SF/Yr
Avg Asking Price
$12–$33 /SF/Yr
Price Range
6,027 SF
Avg Space Size

This space is priced 19% above the average of $20.1 /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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  • Mc Clellan Veterinary Clinic — 142A W Patrick St, Frederick, MD 21701
  • Kellogg H Scott DVM — 142 W Patrick St # A, Frederick, MD 21701

Frequently Asked Questions

What type of property is this?
Medical Office Space - A full basement and first-floor space are part of this DB-zoned property.
Where is this medical office space located?
The property is located at 470 W Patrick St Frederick, MD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: First floor plus a full basement; DB (Downtown Business) zoning; 25,265‑square‑foot lot at 470 W Patrick St
More about this property
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