Log In/Sign Up
Your email has been sent.
438 N Frederick Ave - Fairview Building 2,272 SF Office Condo Unit Offered at $443,040 in Gaithersburg, MD 20877
Investment Highlights
- Premium corner office featuring large windows.
- Adjacent to a thriving shopping center with well-established retailers, restaurants, and a variety of daily conveniences.
- Close proximity to Future Lakeforest Development.
- Shared kitchen, conference rooms, and gym onsite.
- Minutes from the highway and stationed on MD-355.
Data Room Click Here to Access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Cap Rate | 8.04% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.04% |
| No. Parking Spaces | 2 |
Description
Rare opportunity for a top floor, corner and modern office suite. This office features a glass entrance, renovated with bright light, LVT floors, glass doors, and large windows all throughout the 8 offices. Building amenities include shared conference rooms, locked bathrooms, shared kitchen, and a shared gym on the same floor.
Sale Notes
Owner-User or Investment Opportunity | Renovated Office Condo | Projected 8.04% Pro Forma Cap Rate
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 225 | 2,272 SF | Office | $443,040 ($195.00/SF) | $35,620.42 |
Unit 225
| Unit Size |
| 2,272 SF |
| Condo Use |
| Office |
| Price |
| $443,040 ($195.00/SF) |
| NOI |
| $35,620.42 |
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 225
| Unit Size | 2,272 SF |
| Condo Use | Office |
| Price | $443,040 ($195.00/SF) |
| NOI | $35,620.42 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.04% |
| No. Parking Spaces | 2 |
| Description | |
| Rare opportunity for a top floor, corner and modern office suite. This office features a glass entrance, renovated with bright light, LVT floors, glass doors, and large windows all throughout the 8 offices. Building amenities include shared conference rooms, locked bathrooms, shared kitchen, and a shared gym on the same floor. | |
| Sale Notes | |
| Owner-User or Investment Opportunity | Renovated Office Condo | Projected 8.04% Pro Forma Cap Rate |
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.
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
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
438 N Frederick Ave - Fairview Building