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Medical Office Shared Space Available
For Lease
$1,700/Mo

604 S FREDERICK Ave 23, Gaithersburg, MD 20877

Shared medical office space available in a convenient location.

Space SizeContact for details
Days on Market164

Property Features for 604 S FREDERICK Ave 23

General Information

Standard status Active
Property subtype Commercial
Lease Term 12 months

Building Details

Year Built 1963
Units 1
Listing Agency: CapStar Properties
Listed By: Sherwin L Wells · License #582915
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 20 at 9:19AM

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 CapStar Properties

Investment Insights

Based on property information with market context.

This established medical office offers a shared office space environment, presenting an opportunity to establish a practice or professional office with reduced startup costs. The location is conveniently situated along major transportation routes and in close proximity to local hospitals, including Shady Grove Hospital. This space is suited for solo medical practitioners or office professionals. The space is move-in ready and currently active within a medical office professional setting. The monthly price is $1,700 and is negotiable depending on the number of days for office use. A flexible lease is available to qualified professionals.

Key Highlights

  • Move‑in ready medical office space, ideal for solo practitioners or office professionals.
  • Convenient location along major transportation routes and close to Shady Grove Hospital.
  • Excellent opportunity to establish a practice with minimal startup cost.

Property Analytics

Current Use

Eastern Healing Center Alternative Medicine Practice Euclid Energy Inc Association / Organization Sylwia Fowler Physician Suhair Abulfarag, MD, ... Physician Patriot Medical Laboratories ... Medical Laboratory

Suggested Use

Top Pick Pharmacy Auto Parts Store Real Estate Agency Parking Lot & Garage Garden Center Hotel & Motel

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

637
Businesses Nearby
Under-served
Demand for This Use

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

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?
Medical Office Space - Shared medical office space available in a convenient location.
Where is this medical office space located?
The property is located at 604 S FREDERICK Ave 23 Gaithersburg, MD.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Move‑in ready medical office space, ideal for solo practitioners or office professionals.; Convenient location along major transportation routes and close to Shady Grove Hospital.; Excellent opportunity to establish a practice with minimal startup cost.
More about this property
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