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Frederick City Commercial Space Available
For Lease
$18 SF/Yr

198 THOMAS JOHNSON Dr 1 2, Frederick, MD 21701

Versatile commercial space in Frederick City, ideal for various businesses.

Space SizeContact for details
Lot Size3.07 Acres
Days on Market164

Property Features for 198 THOMAS JOHNSON Dr 1 2

General Information

Standard status Active
Lot size 3.07 Acres
Property subtype Commercial
Lease Term Flexible

Building Details

Year Built 1977
Listing Agency: Mackintosh, Inc.
Listed By: Michael Kurtianyk · License #523250
Source: Elliman
Added: Mar 11 Changed: Aug 9 Last Checked: Aug 20 at 9:25AM

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 Mackintosh, Inc.

Investment Insights

Based on property information with market context.

This commercial space, approximately 3,712 square feet, is available for lease in a highly visible location in Frederick City. The property, formerly a bank with a drive-through, is suitable for a financial institution, coffee shop, restaurant, or professional office. It features street visibility, ADA accessibility with a main-level ramp, and central A/C. The property is positioned on a 3+ acre lot within the Thomas Johnson business corridor, benefiting from heavy traffic flow and strong area demographics. A large parking lot is available. The location provides easy access to Route 15. The space is ready now and offers flexibility for build-out.

Key Highlights

  • High‑visibility location in Frederick City with heavy traffic flow.
  • Versatile +/- 3,712sf space suitable for various businesses.
  • Includes a drive‑through.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Pet Store & Service Mobile Phone Store Clothing & Fashion Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,050
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 41% Groceries 10% Apparel 4%
Shuckin' Shack Oyster Bar Dining
7,560 visits/mo 0.4 miles
7-Eleven Shops & Services
6,037 visits/mo 0.3 miles
The Spice & Tea Exchange Groceries
1,728 visits/mo 0.3 miles
M&T Bank Shops & Services
910 visits/mo 0.4 miles
Talbots Apparel
666 visits/mo 0.1 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

Market

Lease Benchmarks for Frederick, MD

$18 /SF/Yr
Avg Asking Price
$18–$18 /SF/Yr
Price Range
3,088 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?
Bank - Versatile commercial space in Frederick City, ideal for various businesses.
Where is this bank located?
The property is located at 198 THOMAS JOHNSON Dr 1 2 Frederick, MD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in Frederick City with heavy traffic flow.; Versatile +/- 3,712sf space suitable for various businesses.; Includes a drive‑through.
More about this property
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