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228 Commercial Real Estate Listings in Gaithersburg, MD

Gaithersburg, MD Commercial Real Estate

There are currently 239 commercial listings available in Gaithersburg, MD. These listings include 161 commercial spaces that encompass a total of 1,262,631 square feet. Available commercial spaces in Gaithersburg, MD range in size from 233 square feet to 197,400 square feet. A total of 133 off-market commercial properties located in Gaithersburg, MD are also available for research.

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Gaithersburg, MD Commercial Inventory Breakdown

In 2021 the Gaithersburg, MD commercial real estate market totaled 7,541,107 square feet of office spaces, 4,573,920 square feet of office spaces with retail, and 3,599,137 square feet of industrial space.

Office Spaces

Total: 7,541,107 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,972,459 SqFt 26.16% of total office
100k to 500k SqFt 4,002,560 SqFt 53.08% of total office
500k to 1M SqFt 1,566,088 SqFt 20.77% of total office
By class:
Class A 2,256,291 SqFt 29.92% of total office
Class B 3,532,328 SqFt 46.84% of total office
Class C 767,559 SqFt 10.18% of total office
Roughly 20.77% of the total office space in Gaithersburg, MD is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 26.16% of the office inventory.

Class A office space holds a 29.92% share of the overall Gaithersburg, MD office market, while Class B office assets make up approximately 46.84%.

Industrial

Total: 3,599,137 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,501,724 SqFt 41.72% of total industrial
100k to 500k SqFt 2,097,413 SqFt 58.28% of total industrial
By class:
Class A 288,706 SqFt 8.02% of total industrial
Class B 2,815,431 SqFt 78.23% of total industrial
There are 2,097,413 square feet of commercial real estate properties between 100k to 500k square feet, representing 58.28% of the Gaithersburg, MD industrial inventory.

Office Spaces with Retail

Total: 4,573,920 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 601,381 SqFt 13.15% of total office with retail
100k to 500k SqFt 3,972,539 SqFt 86.85% of total office with retail

Gaithersburg, MD Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total Sqft
Gaithersburg, MD Office 69 441,783
Gaithersburg, MD Retail 14 113,703
Gaithersburg, MD Industrial 23 693,336
Gaithersburg, MD Other 110 1,321,202
Ofice Icon

69

Office

Industrial Icon

23

Industrial

Retail Icon

14

Retail

Current local active listing encompass 2,570,024 square feet of commercial space for lease in Gaithersburg. There are 69 active office listings, which amount to 441,783 square feet and account for 31% of commercial spaces on the market. Local retail availability includes 113,703 square feet across 14 listings. Current industrial offerings on the market amount to 693,336 square feet across a total of 23.

Employment in Gaithersburg, MD

Employed Population 37,716

Employed population - Industry % Distribution

Management, business, science, and arts occupations

52%

Service occupations

16%

Sales and office occupations

16%

Natural resources, construction, and maintenance occupations

8%

Production, transportation, and material moving occupations

8%

In 2019, roughly 52% of a total of 37,716 employed in Gaithersburg worked in Management, business, science, and arts occupations, followed by 16% in Service occupations and 16% in Sales and office occupations.

Income per capita $51,458  Median household income $104,567

Household income

25%

Under $50k

22%

$50k - $100k

35%

$100k - $200k

18%

Over $200k

The median household income in Gaithersburg stands at $104,567, with per capita income at $51,458. Households earning between $50k and $100k represent 22% of the total, while those earning over $200k make up 18%. Approximately 25% of Gaithersburg households earn less than $50k per year.

Commuting in Gaithersburg, MD

Mean travel time to work 33 minutes

Means of transportation to work

64.50%

Driving alone

12.30%

Carpool

9.50%

Public transit

0.70%

Bicycle

3.20%

Walking

1.90%

Other

7.90%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Gaithersburg in 2019 was 33 minutes. Around 64.50% of workers commute by Driving alone, 12.30% Carpool and 9.50% by Public transit.

Education in Gaithersburg, MD

High school grad or higher 89%

Bachelor's degree or higher 58%

Population by minimum level of education

11%

No degree

12%

High school

19%

Some College

30%

Bachelor's

28%

Post-grad

*Universe: Workers 25 and over

An estimated 89% of Gaithersburg residents aged 25 or over hold a high school degree or higher. Of those, 12% are high school graduates, 19% attended some college, 30% earned a bachelor's degree, with an additional 28% holding post-graduate degrees.

Gaithersburg, MD Demographics

As of 2019, Gaithersburg had a total population of 67,982, with a median age of 38.70 years. Roughly 66.70% of the total population was between the ages of 16 and 64 years old.