Highlights
- The average rent for office space in Gaithersburg is $25.28 per square foot, 0.50% lower compared to the previous year.
- The market’s vacancy rate stands at 16.19%, lower than the state average of Maryland, which is 17.50%.
2025 Office Space Rent & Sales
- $25.28 2025 Avg. Asking Rent
- -0.50% Y-o-Y Avg. Asking Rent Change
- 16.19% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Gaithersburg?
Average asking rents for office space here stand at $25.28 per square foot. The local office market recorded an average vacancy rate of 16.19% in 2025, unchanged from 16.19% in 2024.
Gaithersburg, 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.
Gaithersburg, MD Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| North Rockville | $39.08 | 19.28% |
| Gaithersburg | $19.80 | 13.73% |
Office Construction in Gaithersburg, MD
What are the largest recent office completions in Gaithersburg?
The largest recent office completion here is 555 Quince Orchard Road at 4,992,237,360 square feet, completed in 1990. The next largest completions are Avenel Business Park and Kentlands II & Kentlands Place.
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Summit at Washingtonian | 9711 Washingtonian Blvd, 20878 | 193,533 | 2009 |
| Kentlands II & Kentlands Place | 209 Kentlands Blvd, 20878 | 280,562 | 1995 |
| 18403 Woodfield Rd | 18403 Woodfield Rd, 20879 | 5,862 | 1995 |
| 555 Quince Orchard Road | 555 Quince Orchard Road, 20878 | 4,992,237,360 | 1990 |
| 555 Quince Orchard Road | 555 Quince Orchard Road, 20878 | 114,606 | 1990 |
| Russell Office Park | 911 Russell Avenue, 20879 | 46,636 | 1988 |
| Metropolitan Enterprise Park | 2&8, 5&7 Metropolitan Court, 20877 | 40,000 | 1988 |
| 945 Russell Avenue Suite B - Office | 945 Russell Avenue Suite B, 20879 | 30,000 | 1986 |
| Avenel Business Park | 200 Perry Pkwy, 20877 | 391,165 | 1982 |
| Montgomery Executive Center | 6 Montgomery Village Avenue, 20879 | 119,680 | 1982 |
See reports for other markets
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- Rockville Office Rent Price
- Columbia Office Rent Price
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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.