Sherwin-Williams NNN
For Sale
Contact for pricing
301 North Frederick Avenue, Gaithersburg, MD 20877
Retail property associated with Sherwin-Williams and structured as a net-lease asset.
Property Size6,100 SF
Price / SF$781.63
Days on Market61
Property Features for 301 North Frederick Avenue
General Information
Standard status
Active
Size
6,100 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$262,236
Additional Details
Cap Rate
5.5%
Building Details
Year Built
1984
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Ed Laycox · License #5014702
Source:
Crexi
Added: Aug 7
Changed: Sep 7
Last Checked: Oct 5 at 6:57PM
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 Matthews
Investment Insights
Based on property information with market context.
This 6,100-square-foot retail property is associated with Sherwin-Williams and was constructed in 1984. The asset is classified as an NNN property and carries a reported 5.50% cap rate.
Located at 301 North Frederick Avenue in Gaithersburg, Maryland, the property is identified within the Washington, D.C. metropolitan area. The listing presents the asset as a net-lease retail property available for sale.
Located at 301 North Frederick Avenue in Gaithersburg, Maryland, the property is identified within the Washington, D.C. metropolitan area. The listing presents the asset as a net-lease retail property available for sale.
Key Highlights
- Sherwin‑Williams retail property
- 6,100 square feet
- NNN property classification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,195
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,803,900
$2.8M
Cap Rate 7%
$2,002,786
$2.0M
Cap Rate 9%
$1,557,722
$1.6M
Market Conditions
NOI Build-Up for 6,100 SF
Gross rent
$213.7K $35.04/SF
− Vacancy
−$13.5K −$2.21/SF
EGI
$200.3K $32.83/SF
− OpEx
−$60.1K −$9.85/SF
NOI
$140.2K $22.98/SF
Area
Montgomery County, MD
Vacancy
6.30%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,803,900
Cap Rate 7%
$2,002,786
Cap Rate 9%
$1,557,722
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.34M
NOI $140,195 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,209 @ 7.0% cap · market cap 3.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,576
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Electronics 3%
Wawa
Shops & Services
32,658 visits/mo
0.2 miles
Shell
Shops & Services
12,290 visits/mo
0.2 miles
Public Storage
Shops & Services
3,049 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
1,714 visits/mo
0.3 miles
Demographics for 20877, MD
37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Retail property associated with Sherwin-Williams and structured as a net-lease asset.
Where is this nnn property located?
The property is located at 301 North Frederick Avenue Gaithersburg, MD.
What is the asking price?
The asking price for this property is $4,767,940.
What are key features of this property?
This property features: Sherwin‑Williams retail property; 6,100 square feet; NNN property classification
