Freestanding Family Dollar
3432 Frederick Ave Baltimore, MD 21229
3432 Frederick Ave, Baltimore, MD, 21229
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For Sale
Contact for pricing
For sale retail property leased to Family Dollar with 9,129 SF of space in Baltimore.
Property Size9,129 SF
Price / SF$248.40
Days on Market165
Property Features for 3432 Frederick Ave
General Information
- Standard status
- Active
- Size
- 9,129 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agency
Schuchert Retail Group
Listed by
Jim Schuchert · License #01969414
Source
Crexi
Added: Feb 6 Updated: Jul 20 at 9:10PM Checked: Jul 20 at 9:10PM
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 Schuchert Retail Group
Investment Insights
Based on property information with market context.
Schuchert Retail Group and Brian Brockman (Bang Realty, Inc.) are pleased to exclusively offer for sale a Family Dollar retail property totaling 9,129 SF.
The property is located at 3432 Frederick Ave in Baltimore, MD 21229.
The offering is presented in conjunction with Brian Brockman (Bang Realty, Inc.), MD License #678573.
The property is located at 3432 Frederick Ave in Baltimore, MD 21229.
The offering is presented in conjunction with Brian Brockman (Bang Realty, Inc.), MD License #678573.
Key Highlights
- 9,129 SF Family Dollar retail property for sale at 3432 Frederick Ave, Baltimore, MD 21229
- Leased retail space occupied by Family Dollar
- Year built: 2016
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.3k | $18.00 |
| − Vacancy | −$10.5k | −$1.15 |
| EGI | $153.8k | $16.85 |
| − OpEx | −$46.1k | −$5.05 |
| NOI | $107.7k | $11.79 |
9,129 SF · lease $18.00/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.79M
NOI $107,675 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M
NOI $152,351 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
LibertyX Bitcoin ATM
Atm
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FAQs
What type of property is this?
Retail space - For sale retail property leased to Family Dollar with 9,129 SF of space in Baltimore.
Where is this retail space located?
The property is located at 3432 Frederick Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $2,267,638.
What are key features of this property?
This property features: 9,129 SF Family Dollar retail property for sale at 3432 Frederick Ave, Baltimore, MD 21229; Leased retail space occupied by Family Dollar; Year built: 2016