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5613 Spectrum Dr
Frederick, MD 21703
Applebee's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Excellent Demographics With Over 113,000 Residents Making an Average Household Income of $101,066 Within a 5-Mile Radius
  • Over 8 Years Remaining on a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Subject Property Size 1.77 AC
  • Guaranteed By Award Winning Applebee’s Franchisee (PFDG) Who Own and Operates Approximately 59 Units
  • 10% Rent Increase in 2023
  • Historical Occupancy of Over 25 Years at this Location

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,890 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.77 AC
Zoning
GC - C- Commercial
Parking
87 Spaces (17.79 Spaces per 1,000 SF Leased)

ABOUT 5613 SPECTRUM DR , FREDERICK, MD 21703

In Cooperation With Brittany Danahy DSM Commercial | MD Lic. # 656768 302.227.0768 | bdanahy@dsmre.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-580002
Land Assessment
$1,008,900
Improvements Assessment
$1,361,200
Total Assessment
$2,370,100
  • Listing ID: 18677357

  • Date on Market: 2/28/2020

  • Last Updated:

  • Address: 5613 Spectrum Dr, Frederick, MD 21703

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