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Shopping Center with Signalized Entrance
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1003 W Patrick St, Frederick, MD 21702

Shopping center with a fully signalized entrance on Rt 40 and strong traffic counts of 47,061 VPD.

Property Size39,063 SF
Days on Market1145

Property Features for 1003 W Patrick St

General Information

Standard status Active
Size 39,063 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 227,000 SF
Listing Agency: DLC Management Corp - Corporate
Listed By: John Kostyo · License #0000000000
Source: Moodyscre
Added: Jun 12, 2023 Changed: Jul 30 Last Checked: Jul 30 at 1:33PM

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 DLC Management Corp - Corporate

Investment Insights

Based on property information with market context.

This shopping center offers 227,000 SF of retail space with new anchors now open: Lidl, Ollie’s Bargain Outlet, Harbor Freight, and Goodwill.

The property is located immediately west of the Rt. 15 and W. Patrick Street (Rt. 40) major interchange in Frederick, MD. Tenant access is supported by a fully signalized entrance on Rt. 40 (“The Golden Mile”) and additional access via Baughmans Lane. W. Patrick Street carries an estimated 47,061 VPD, supporting visibility and customer traffic.

The center’s configuration and access points make it well-suited for retail users seeking strong ingress/egress and established anchor draw.

Key Highlights

  • New anchors now open: Lidl, Ollie’s Bargain Outlet, Harbor Freight, Goodwill
  • 227,000 SF shopping center
  • Fully signalized entrance on Rt. 40 (“The Golden Mile”)

Property Analytics

Current Use

Ollie's Bargain Outlet Discount Store UPS Access Point ... Courier Service Patrick Street Goodwill ... Charitable Organization ZIPS Cleaners (Bike/Boat/Book/etc) Store Gogigo Korean BBQ ... Korean Barbecue Restaurant

Suggested Use

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

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby
503k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Dining 25% Groceries 23% Apparel 6%
H Mart Groceries
49,709 visits/mo 0.3 miles
Wawa Shops & Services
43,299 visits/mo 0.1 miles
Giant Eagle Supermarket Groceries
32,195 visits/mo 0.4 miles
Ollie's Bargain Outlet Shops & Services
26,896 visits/mo 0.1 miles
Jo-Ann Fabric and Craft Shops & Services
26,053 visits/mo 0.1 miles

Demographics for 21702, MD

46,412
Population
18,677
Households
2.5
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
41.7 sq mi
ZIP Area
1,113
Density / Sq Mi
$104,659
Median Household Income
$55,937
Median Earnings
$1,722
Median Rent
$384,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

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

What type of property is this?
Shopping center - Shopping center with a fully signalized entrance on Rt 40 and strong traffic counts of 47,061 VPD.
Where is this shopping center located?
The property is located at 1003 W Patrick St Frederick, MD.
What are key features of this property?
This property features: New anchors now open: Lidl, Ollie’s Bargain Outlet, Harbor Freight, Goodwill; 227,000 SF shopping center; Fully signalized entrance on Rt. 40 (“The Golden Mile”)
(301) 310-1156 Call to check price and availability
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