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Destination Community Shopping Center
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Pending

5425-5551 Urbana Pike, Frederick, MD 21701

Shadow anchors include Target and Home Depot, with recent tenant openings and renewals.

Property Size185,656 SF
Days on Market145

Property Features for 5425-5551 Urbana Pike

General Information

Standard status Pending
Size 185,656 SF
Property subtype Retail

Additional Details

Anchor Co-Tenants Target, Home Depot

Building Details

Tenancy Multi
Listing Agency: JLL - Washington, D.C.
Listed By: Jordan Lex · License #DC SP98373803
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Sep 1 at 5:12AM

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 JLL - Washington, D.C.

Investment Insights

Based on property information with market context.

Riverview Plaza is a 185,656-square-foot community shopping center at 5425-5551 Urbana Pike in Frederick, Maryland. Target and Home Depot serve as shadow anchors. The property has added Sierra Trading Post and Old Navy since Q1 2019, increasing leased area by 33,929 square feet, or 18% of gross leasable area.

Tenant retention is also reflected in four extension options exercised during the past 18 months. Those tenants represent 48% of the center’s gross leasable area. The property is positioned within the Washington, DC metropolitan area and the Washington, DC–Baltimore MSA, along Frederick’s established retail corridor.

Key Highlights

  • 185,656‑square‑foot community shopping center at 5425‑5551 Urbana Pike, Frederick, MD 21701
  • Shadow anchors Target and Home Depot
  • Sierra Trading Post and Old Navy opened since Q1 2019

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office Parking Lot & Garage Home Appliance 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby
481k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Superstores 29% Apparel 19% Shops & Services 11%
Target Superstores
138,096 visits/mo 0.1 miles
Chick-fil-A Dining
65,206 visits/mo 0.3 miles
Macy's Apparel
48,010 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
47,586 visits/mo 0.2 miles
Golden Corral Dining
31,123 visits/mo 0.3 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

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 - Shadow anchors include Target and Home Depot, with recent tenant openings and renewals.
Where is this shopping center located?
The property is located at 5425-5551 Urbana Pike Frederick, MD.
What are key features of this property?
This property features: 185,656‑square‑foot community shopping center at 5425‑5551 Urbana Pike, Frederick, MD 21701; Shadow anchors Target and Home Depot; Sierra Trading Post and Old Navy opened since Q1 2019
(202) 533-2517 Call to check price and availability
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