503 Dual Highway, Hagerstown, MD 21740
Rebuilt 2017 retail facility with a drive-thru on a signalized corner outparcel at an Aldi-anchored center.
- Added:
- Jun 2, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 6 at 5:00 am
Property Features for 503 Dual Highway
General Information
- Standard status
- Active
- Size
- 2,715 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1973
Listing agent Dean Zang License #MD 665335
Listing office Marcus & Millichap - Washington, D.C.
Listing date Jun 2, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Washington, D.C.
HighLights
- Retail facility originally built in 1973 and rebuilt in 2017 by the tenant at its sole cost.
- Drive‑thru available on a signalized corner outparcel.
- Located at an Aldi‑anchored center.
- Proposed lease economics include annual CPI increases potential replacement rents $10–15 PSF higher.
- Tenant operator described as a 475+ unit franchisee.
Overview
The retail facility is part of an Aldi-anchored center, and the drive-thru was added as part of an outparcel improvement. The public remarks also reference a below-market lease rate and the possibility of annual CPI-based increases.
For an investor or operator evaluating the asset’s income profile, the remarks note potential replacement rents that are $10 to $15 per square foot higher. The tenant space is described as having been rebuilt in 2017, and the drive-thru improvement reflects an emphasis on customer flow and convenient access for drive-in service. Please review lease terms and assumptions closely, as the stated CPI increase and replacement rent figures are presented in the offering remarks rather than as confirmed outcomes.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7098161
- Latitude
- 39.637093