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Investment Highlights

  • Modernized building with high quality finishes for the common area with extensive granite.
  • Great access onto Frederick Avenue (Route 355).
  • Property has climate control storage.
  • Site is easily accessible to I-270.
  • Property is 3 minutes from Gaithersburg Commuter Rail

Executive Summary

-Three shared conference rooms, kitchens, and new fitness area . Class A lobby and common areas. Located on Bus Line. State of the art fire, life safety, and alarm systems

3 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 202
  • 3,936 SF
  • Office
  • $1,082,368 CAD ($274.99 CAD/SF)
  • -
Sale Type Investment or Owner User
  • Unit 205
  • 2,564 SF
  • Office/Medical
  • $740,333 CAD ($288.74 CAD/SF)
  • -
Sale Type Investment
  • Unit 240
  • 6,180 SF
  • Office
  • $1,699,450 CAD ($274.99 CAD/SF)
  • -
Sale Type Investment or Owner User
Unit Unit Size Condo Use Price NOI
Unit 202 3,936 SF Office $1,082,368 CAD ($274.99 CAD/SF) -
Unit 205 2,564 SF Office/Medical $740,333 CAD ($288.74 CAD/SF) -
Unit 240 6,180 SF Office $1,699,450 CAD ($274.99 CAD/SF) -

Unit 202

Unit Size
3,936 SF
Condo Use
Office
Price
$1,082,368 CAD ($274.99 CAD/SF)
NOI
-

Unit 205

Unit Size
2,564 SF
Condo Use
Office/Medical
Price
$740,333 CAD ($288.74 CAD/SF)
NOI
-

Unit 240

Unit Size
6,180 SF
Condo Use
Office
Price
$1,699,450 CAD ($274.99 CAD/SF)
NOI
-

Unit 202

Unit Size 3,936 SF
Condo Use Office
Price $1,082,368 CAD ($274.99 CAD/SF)
NOI -
Sale Type Investment or Owner User

Unit 205

Unit Size 2,564 SF
Condo Use Office/Medical
Price $740,333 CAD ($288.74 CAD/SF)
NOI -
Sale Type Investment

Unit 240

Unit Size 6,180 SF
Condo Use Office
Price $1,699,450 CAD ($274.99 CAD/SF)
NOI -
Sale Type Investment or Owner User

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 87,612 SF
Property Type Office
Property Subtype Medical
Building Class A
Floors 4
Typical Floor Size 19,275 SF
Year Built 1982
Lot Size 2.40 AC
Parking Ratio 3.4/1,000 SF
Opportunity Zone Yes
Zoning CD - 600 - Office Bldg Tenant

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Fitness Center
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
  • Listing ID: 8501015

  • Date on Market: 2022-02-07

  • Last Updated:

  • Address: 438 N Frederick Ave, Gaithersburg, MD 20877

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