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Retail Space with 1st-Floor Interior Core
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12-16 W Patrick St, Frederick, MD 21701

Retail space configured for 1st-floor interior core use with parking available and multiple spaces for flexible occupancy.

Space Size4,000 SF
Days on Market1305

Property Features for 12-16 W Patrick St

General Information

Standard status Active
Size 4,000 SF
Property subtype RETAIL
Lease Type Modified Gross

Space & Availability

Floor 1
Space Use Retail

Amenities

Parking Available

Spaces For Lease

at 12-16 W Patrick St
12 - 16 W Patrick St $20/SF/Yr
Floor 1
Size 4,000 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
-One of Downtown Frederick Premier Commercial Buildings, and located at the historic intersection of S. Market & W. Patrick. -Multiple spaces available to accommodate multiple business types and Parking Available.​ Perfect for Retail, Food Establishments, Office, and Medical. -Please reach out for more information.​ -There is no Retail Frontage remaining, all retail would be on the 1st floor interior core.
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Listing Agency: ONE Street
Listed By: Kevin Brandes · License #DCSP98378229
Source: Moodyscre
Added: Apr 5, 2023 Changed: Oct 25 Last Checked: Oct 28 at 8:51AM

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 ONE Street

Rey
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Investment Insights

Based on property information with market context.

Retail space available at 12-16 W Patrick St in Frederick, MD, located at the historic intersection of S. Market and W. Patrick. The property offers multiple spaces designed to accommodate different business types.

The configuration includes parking available. Retail is described as having no remaining retail frontage, with retail activity located on the 1st floor interior core.

With a total property size of 4,000 square feet, the space is presented as suitable for retail, food establishments, office, and medical uses, depending on the specific suite or layout selected. Please reach out for more information on availability and fit for your intended operation.

Key Highlights

  • 4,000 SF retail space at 12‑16 W Patrick St, Frederick, MD
  • Historic intersection location of S. Market and W. Patrick
  • No retail frontage remaining; retail located in the 1st‑floor interior core

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Electrical Service HVAC Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,024
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Groceries 16% Shops & Services 8% Apparel 6%
Shuckin' Shack Oyster Bar Dining
7,560 visits/mo 0.0 miles
The Spice & Tea Exchange Groceries
1,728 visits/mo 0.1 miles
M&T Bank Shops & Services
910 visits/mo 0.1 miles
Talbots Apparel
666 visits/mo 0.4 miles

Demographics for 21701, MD

39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Frederick, MD

$20.46 /SF/Yr
Avg Asking Price
$12–$33 /SF/Yr
Price Range
13,587 SF
Avg Space Size

This space is priced 2% below the average of $20.46 /SF/Yr.

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space configured for 1st-floor interior core use with parking available and multiple spaces for flexible occupancy.
Where is this retail space located?
The property is located at 12-16 W Patrick St Frederick, MD.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 4,000 SF retail space at 12‑16 W Patrick St, Frederick, MD; Historic intersection location of S. Market and W. Patrick; No retail frontage remaining; retail located in the 1st‑floor interior core
(240) 813-9344 · Office Call to check price and availability
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