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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

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.**
More about this property
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