Listing Agency: CBRE | Baltimore t***@cbre.com Show Phone

Listed By: Toby Mink Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 20 Last Checked: Aug 21 at 8:47AM

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Investment Insights

Based on property information with market context.

This 1,016,940 square foot warehouse and distribution center is located adjacent to Frederick County Airport in Frederick, Maryland. The property is situated within a 400-mile radius of a population of 103 million people and offers access to a significant labor force. Baltimore, with routes to downtown and the port, is located within an hour's drive. The building dimensions are 570 feet by 1200 feet, featuring 56-foot by 56-foot column spacing with 60-foot speed bays. It includes 4 drive-in doors and 176 dock positions.

Key Highlights

• 1,016,940 SF of space
• 176 Dock Positions available
• Located adjacent to Frederick County Airport

Property Analytics

Property Profile

Current Use

Distribution centers

Suggested Use

Top Pick HVAC Service Plumbing Service Dental Office Big Box & Wholesale Store Storage Facility Garden Center

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Lease Benchmarks for Frederick, MD

$9.03 /SF/Yr

Avg Asking Price

$5.14–$12 /SF/Yr

Price Range

169,730 SF

Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Large warehouse/distribution center near Frederick County Airport.

Where is this warehouse located?

The property is located at 8908 Gas House Pike Frederick, MD.

What are key features of this property?

This property features: 1,016,940 SF of space; 176 Dock Positions available; Located adjacent to Frederick County Airport