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Retail Suite Near Home Goods Anchor
For Lease
$28 SF/Yr

R3-250 Englar Rd, Westminster, MD 21157

Shopping center space near established retail, restaurant, and service tenants.

Space SizeContact for details
Days on Market156

Property Features for R3-250 Englar Rd

General Information

Standard status Active

Site & Location

Anchor Co-Tenants Home Goods, Papa Joe's Mexican Restaurant, H&R Block, Papa Johns, Sherwin Williams
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Sunshine Management Corp.
Listed By: William Zahler · License #35528
Source: Exprealty
Added: Apr 1 Changed: Aug 31 Last Checked: Sep 1 at 9:29PM

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 Sunshine Management Corp.

Investment Insights

Based on property information with market context.

Suite R3 is a retail space within Carroll Plaza Shopping Center in Westminster, Maryland. The property is available for lease and is positioned in a multi-tenant shopping center environment with a mix of retail, restaurant, and service businesses.

The center is located just off Route 140 and minutes from McDaniel College. Home Goods serves as the anchor store, while Papa Joe’s Mexican Restaurant is located nearby within the center. Additional national tenants include H&R Block, Papa Johns, and Sherwin Williams.

Key Highlights

  • Suite R3 at Carroll Plaza Shopping Center
  • Just off Route 140
  • Minutes from McDaniel College

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility Hotel & Motel Big Box & Wholesale Store Bakery Locksmith (Bike/Boat/Book/etc) 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
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

Demographics for 21157, MD

38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
Median Home Value

Market

Lease Benchmarks for Westminster, MD

$21.14 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
11,699 SF
Avg Space Size

This space is priced 32% above the average of $21.14 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Shopping center space near established retail, restaurant, and service tenants.
Where is this retail space located?
The property is located at R3-250 Englar Rd Westminster, MD.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Suite R3 at Carroll Plaza Shopping Center; Just off Route 140; Minutes from McDaniel College
More about this property
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