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3535 Urbana Pike

6,288 SF 41% Leased Retail Building Frederick, MD 21704 £2,147,288 (£341/SF) 8.04% Net Initial Yield

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
£2,147,288
Price Per SF
£341
Net Initial Yield
8.04%
NOI
£172,642
Percent Leased
41%
Tenancy
Multiple
Number of Floors
2
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 ft on Urbana Pike

MAJOR TENANTS

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

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 101
  • 2,039 SF
  • Retail
  • -
  • Now
  • 202
  • 1,700 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
101 2,039 SF Retail - Now
202 1,700 SF Office - Now

101

Size
2,039 SF
Space Use
Retail
Position
-
Available
Now

202

Size
1,700 SF
Space Use
Office
Position
-
Available
Now

101

Size 2,039 SF
Space Use Retail
Position -
Available Now

NEARBY MAJOR RETAILERS

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-199228
Land Assessment
£116,908
Improvements Assessment
£657,229
Total Assessment
£774,137
  • Listing ID: 29751688

  • Date on Market: 10/10/2023

  • Last Updated:

  • Address: 3535 Urbana Pike, Frederick, MD 21704

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