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Office Building with Atrium
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8490 Progress Drive, Frederick, MD 21701

Two-story glass entry, interactive lobby displays, and access to a landscaped park with pond, pavilions, and walking paths.

Space Size5,761 SF - 13,917 SF
Property Size126,151 SF
Lot Size9.65 Acres
Days on Market78

Property Features for 8490 Progress Drive

General Information

Standard status Active
Size 5,761 SF - 13,917 SF
Class A
Total Parking Spaces 567
Lot size 9.65 Acres
Property subtype Office

Additional Details

Space Use Office

Amenities

atrium
lobby with interactive displays
park
pond
seating areas
covered pavilions
walking paths
loading berth
common area receiving

Building Details

Building Size 126,151 SF
Tenancy Multiple

Spaces For Lease

at 8490 Progress Drive Contact us

#100

Size
13,917 SF
Type
Office
Availability
Active
Contact us

#150

Size
5,761 SF
Type
Office
Availability
Active
Contact us

#275

Size
7,242 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Matan Companies
Listed By: Brad Benna · License #MD
Source: Crexi
Added: Jun 15 Changed: Aug 29 Last Checked: Aug 29 at 6:39PM

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 Matan Companies

Investment Insights

Based on property information with market context.

Riverside Five is an office building with a two-story glass entrance, an interior atrium, and a lobby equipped with interactive displays. The property includes common-area receiving and one loading berth. Its design incorporates Energy Star considerations, although the building is described as being designed to be Energy Star rated rather than currently rated.

The 9.65-acre property includes a 4.5-acre park along the Monocacy River. Outdoor features include a pond, seating areas, covered pavilions, and walking paths. The building is located within the Route 26 Corridor in Frederick, Maryland, providing an office setting with substantial on-site outdoor amenities.

Key Highlights

  • 9.65‑acre office property in the Route 26 Corridor
  • 4.5‑acre park along the Monocacy River
  • Two‑story glass entry with interior atrium

Property Analytics

Current Use

RiversideFive Real Estate Agency Frederick County Board ... County Government Office CSRA Inc. Corporate Office McNees Wallace & Nurick Law Firm MKS&H Tax Preparation

Suggested Use

Top Pick Dental Office Law Firm Auto Repair Shop Hair Salon Big Box & Wholesale Store HVAC Service

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

195
Businesses Nearby

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

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?
Office building - Two-story glass entry, interactive lobby displays, and access to a landscaped park with pond, pavilions, and walking paths.
Where is this office building located?
The property is located at 8490 Progress Drive Frederick, MD.
What are key features of this property?
This property features: 9.65‑acre office property in the Route 26 Corridor; 4.5‑acre park along the Monocacy River; Two‑story glass entry with interior atrium
More about this property
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