Listing Agency: Live BFR, LLC Show Phone

Listed By: Benedict J Frederick III Show Phone

Source: Exprealty

Added: May 18 Changed: Aug 20 Last Checked: Sep 4 at 10:34AM

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Investment Insights

Based on property information with market context.

This retail storefront offers an open layout with all-glass storefront frontage. The suite includes first-floor retail space measuring 1,374 sq. ft., plus an additional 1,374 sq. ft. basement level with 12' ceilings. The basement is provided free and is not included in the rent calculation. CAM charges are $6.41 per sq. ft.

Free parking is available in the rear. The property is next to Belvedere Square, with the Senator Movie Theater across the street.

Key Highlights

• 1,374 SF of retail space on the first floor with open layout
• All‑glass store front for the retail space
• Basement space is 1,374 SF with 12' ceiling height

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon

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

$6.41 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

841

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 21212, MD

32,317

Population

13,749

Households

2.4

Avg Household Size

39

Median Age

55%

College-Educated

91%

High-School Grad

4.6 sq mi

ZIP Area

7,025

Density / Sq Mi

$96,752

Median Household Income

$57,600

Median Earnings

$1,328

Median Rent

$357,900

Median Home Value

Market

Lease Benchmarks for Govans, MD

$23.52 /SF/Yr

Avg Asking Price

$6.38–$45.18 /SF/Yr

Price Range

4,473 SF

Avg Space Size

This space is priced 9% below the average of $23.52 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Gordon Florist — 515 E Belvedere Ave, Baltimore, MD 21212

Frequently Asked Questions

What type of property is this?

Storefront property - Open retail space with all-glass frontage and rear free parking; basement level with 12' ceilings included for free.

Where is this storefront property located?

The property is located at 5847-5847 York Rd Govans, MD.

What is the lease rate?

The lease rate is $2,440/Mo.

What are key features of this property?

This property features: 1,374 SF of retail space on the first floor with open layout; All‑glass store front for the retail space; Basement space is 1,374 SF with 12' ceiling height