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Redevelopment Opportunity Near Francis Scott Key Mall
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5613 Spectrum Dr, Frederick, MD

High-profile redevelopment or repurpose opportunity near Francis Scott Key Mall.

Space Size4,890 SF
Lot Size1.78 Acres
Days on Market1107

Property Features for 5613 Spectrum Dr

General Information

Standard status Active
Size 4,890 SF
Lot size 1.78 Acres
Property subtype RETAIL

Spaces For Lease

at 5613 Spectrum Dr Contact us

5613 Spectrum Drive

Floor
Bldg
Size
4,890 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE
Sublease
No
- High-profile redevelopment opportunity or repurpose of existing building available...
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Listing Agency: Segall Group
Listed By: Jonathan "Jon" Garritt · License #623060
Source: Moodyscre
Added: Aug 11, 2023 Changed: Aug 8 Last Checked: Aug 20 at 1:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Segall Group

Investment Insights

Based on property information with market context.

A high-profile redevelopment opportunity or repurpose of an existing 4890 square foot building is available along the ring road of Francis Scott Key Mall. The site is well positioned among national retail synergy and offers outstanding access and visibility to Urbana Pike.

Key Highlights

  • High‑profile redevelopment opportunity
  • Repurpose of existing building is possible
  • Located along the ring road of Francis Scott Key Mall

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Storage Facility Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby
824k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 28% Dining 24% Shops & Services 21% Home Improvements & Furnishings 11%
Target Superstores
138,096 visits/mo 0.3 miles
Sam's Club Superstores
89,184 visits/mo 0.5 miles
Chick-fil-A Dining
65,206 visits/mo 0.1 miles
Sheetz Shops & Services
54,559 visits/mo 0.4 miles
Macy's Apparel
48,010 visits/mo 0.2 miles

Market

Lease Benchmarks for Frederick, MD

$24.8 /SF/Yr
Avg Asking Price
$18–$33 /SF/Yr
Price Range
20,703 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - High-profile redevelopment or repurpose opportunity near Francis Scott Key Mall.
Where is this retail space located?
The property is located at 5613 Spectrum Dr Frederick, MD.
What are key features of this property?
This property features: High‑profile redevelopment opportunity; Repurpose of existing building is possible; Located along the ring road of Francis Scott Key Mall
(443) 223-0662 Call to check price and availability
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