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Arcadia Business Park - 4714 Arcadia Drive - Availability Details

Off-Market

4714 Arcadia Drive, Frederick, MD 21703

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  • Property Type Office - Flex - Office
  • Property Size 32,040 Sqft
  • Lot Size 9.86 Acre
  • Parking Spaces Avail. 128
  • Parking Ratio 4.00/ 1,000 SF

Location

  • City Frederick, MD
  • Neighborhood Ballenger Creek
  • Zip Code 21703
  • Market Baltimore

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Frederick

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Frederick Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $19.81
  • 2020 Office Vacancy Rate 17.22 %
  • 2020 Office Completions (Sqft) 37,080

Frederick Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $157.71
  • 2020 Office Sales Volume $63.8M
  • 2020 Number of Transactions 3
View more Frederick market trends

Tax

  • Property Tax in 2020-2021 $25,669
  • Market Value $2,190,200
  • Assessed Value $2,190,200

Find more tax info, including assessment history and abatements, on CommercialEdge