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    5420 Urbana Pike Frederick, MD 21704

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    For Sale
    $5,340,000

    Retail property with a long-term lease and rental escalations.

    Property size:
    3,699 SF
    Lot size:
    0.69 Acres

    Property Features for 5420 Urbana Pike

    General Information

    Size
    3,699 SF
    Lot size
    0.69 Acres

    Source: STNL Development Agent Nash Williams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property Near National Retailers

    This retail property benefits from a location at a hard corner, lighted intersection shared with Chick-Fil-A, Starbucks, Wawa, Target, and The Home Depot. The property is currently occupied by Curaleaf, a cannabis operator with a presence in 17 states and over 140 retail locations nationwide. The lease has an initial term of 14 years remaining and includes 3% rental escalations.
    Insight Report Location Intelligence

    Current Use by Public Records

    Gene's Frederick Florist ... Florist

    Suggested Use

    Restaurant Dental Office Law Firm Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Gym & Fitness Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mae Saleik, PharmD, CVS, Patrina A. Hviid, PharmD, GNC, Tobacco Hut & Vape

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4002956
    Latitude
    39.3814702

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    FAQs

    What type of property is this?
    Drug store - Retail property with a long-term lease and rental escalations.
    Where is this drug store located?
    The property is located at 5420 Urbana Pike Frederick, MD.
    What is the asking price?
    The asking price for this property is $5,340,000.
    What are key features of this property?
    This property features: - National Corner Location: Shares a hard corner, lighted intersection with high-traffic retailers like Chick-Fil-A, Starbucks, Wawa, Target, and The Home Depot.; - Long-Term Lease: **14 years of initial lease term remaining provides stable, long-term income.**; - Rental Escalations: **3% annual rental escalations offer a hedge against inflation.**
    (513) 438-5150
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    5420 Urbana Pike Frederick, MD 21704
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    Frederick, MD 21704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5420 Urbana Pike Frederick, MD 21704
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