2025 Office Space Rent & Sales
- $22.65 2025 Avg. Asking Rent
- 7.21% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Frederick?
Average asking rents for office space here stand at $22.65 per square foot. The local office market recorded an average vacancy rate of 7.21% in 2025, unchanged from 7.21% in 2024.
Frederick, MD Office Asking Rents by Class
What is the average office rent per square foot by property class in MD?
- Avg. Asking Rent Class A & A+$34.89
- Avg. Asking Rent Class B$27.64
- Avg. Asking Rent Class C$21.81
For comparison, the average rent for Class A and A+ office space in Maryland was $34.89 per square foot. The state-wide average for Class B space was $27.64 per square foot, and Class C office spaces averaged $21.81 per square foot.
Office Construction in Frederick, MD
What are the largest recent office completions in Frederick?
The largest recent office completion here is Ballenger Commerce Center II at 129,700 square feet, completed in 2005. The next largest completions are Westview BioPark and Westview BioPark.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 7100 Guilford | 7100 Guilford Drive, 21704 | 40,000 | 2021 |
| Aspen Ridge Professional Center | 163 Thomas Johnson Drive, 21702 | 24,836 | 2016 |
| Ballenger Commerce Center III | 4907 International Boulevard, 21703 | 50,900 | 2008 |
| KeyPark Center | 1050 Key Parkway, 21702 | 28,941 | 2007 |
| Creekside Plaza | 50 Citizen's Way, 21701 | 50,571 | 2006 |
| Creekside Plaza | 50 Citizen's Way, 21701 | 50,571 | 2006 |
| Ballenger Commerce Center II | 4635 Wedgewood Boulevard, 21703 | 129,700 | 2005 |
| 46B Thomas Johnson dr Frederick MD | 46 Thomas Johnson Court, 21702 | 20,000 | 2002 |
| Westview BioPark | 5275 Westview Drive, 21703 | 122,602 | 1999 |
| Westview BioPark | 5255 Westview Drive, 21703 | 82,205 | 1999 |
See reports for other markets
- Baltimore Office Rent Price
- Rockville Office Rent Price
- Columbia Office Rent Price
- Annapolis Office Rent Price
- Bethesda Office Rent Price
- Gaithersburg Office Rent Price
- Silver Spring Office Rent Price
- Towson Office Rent Price
- Cockeysville Office Rent Price
- Washington Office Rent Price
- Alexandria Office Rent Price
- Arlington Office Rent Price
- Fairfax Office Rent Price
- Reston Office Rent Price
- Manassas Office Rent Price
- Denver Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.