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3535 Urbana Pike 6,288 SF Vacant Retail Building Frederick, MD 21704 $2,500,000 ($397.58/SF) 8.68% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Recently renovated!
  • Premium Retail and Office space
  • Easy access to 270

EXECUTIVE SUMMARY

Premium Retail and Office space in Urbana.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,288 SF
Building Class
B
Year Built
2024
Price
$2,500,000
Price Per SF
$397.58
Cap Rate
8.68%
NOI
$217,080
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.44 AC
Zoning
VC - Village Center Zoning: To provide for the location of a mix of commercial services and residential development.
Parking
31 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
40’ on Urbana Pike

AMENITIES

  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Mathnasium
  • -
  • 1,250 SF
  • -
  • Triple Net
  • Sep 2029
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Mathnasium - 1,250 SF - Triple Net Sep 2029

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 101
  • 2,035 SF
  • Retail
  • Outparcel
  • Now

New construction retail space - first level with office space above.

  • 201
  • 1,860 SF
  • Office
  • -
  • Now

Recently renovated! Ready to move in!

Space Size Space Use Position Available
101 2,035 SF Retail Outparcel Now
201 1,860 SF Office - Now

101

Size
2,035 SF
Space Use
Retail
Position
Outparcel
Available
Now

201

Size
1,860 SF
Space Use
Office
Position
-
Available
Now

101

Size 2,035 SF
Space Use Retail
Position Outparcel
Available Now

New construction retail space - first level with office space above.

201

Size 1,860 SF
Space Use Office
Position -
Available Now

Recently renovated! Ready to move in!

NEARBY MAJOR RETAILERS

Truist
The Greene Turtle Sports Bar& Grille
Starbucks
Giant
Anytime Fitness
PNC Bank
Dream Dinners
Waffle House
Sandy Spring Bank
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-199228
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$785,233
  • Listing ID: 29751688

  • Date on Market: 10/10/2023

  • Last Updated:

  • Address: 3535 Urbana Pike, Frederick, MD 21704

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