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 Westview BioPark at 122,602 square feet, completed in 1999. The next largest completions are Westview BioPark and 7445 Technology Way.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 7100 Guilford | 7100 Guilford Drive, 21704 | 40,000 | 2021 |
| Ballenger Commerce Center III | 4907 International Boulevard, 21703 | 50,900 | 2008 |
| KeyPark Center | 1050 Key Parkway, 21702 | 28,941 | 2007 |
| 6550 Mercantile Dr E Ste 201 | 6550 Mercantile Dr E Ste 201, 21703 | 3,087 | 2007 |
| Creekside Plaza | 50 Citizen's Way, 21701 | 50,571 | 2006 |
| CloverView Professional Center | 7420 Hayward Road, 21702 | 18,672 | 2004 |
| 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 |
| 7445 Technology Way | 7445 Technology Way, 21703 | 51,415 | 1989 |
See reports for other markets
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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.