Property profile

22401 Jefferson Blvd Smithsburg, MD 21783

OFF-MARKET
Lifestyle centers
53,152 SF
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Property summary

AI-generated overview

Village Square is a well-established neighborhood shopping center totaling 53,152 square feet, strategically located to serve the affluent communities of Smithburg and Cavetown, Maryland. This multi-tenant property boasts a strong anchor tenant, Martin's Foods, complemented by a diverse mix of established businesses including Walgreens, Domino's Pizza, and Dunkin'. The center offers a variety of everyday convenience options for local residents, ensuring consistent foot traffic and strong tenant occupancy. Currently, one retail space is available, measuring 2,100 square feet, presenting a unique opportunity for a business seeking high visibility and a prime location within a successful shopping center. Its proximity to Hagerstown, Maryland (just 5 miles away), further enhances its accessibility and market reach. The center's established tenant base and strong community ties create a stable and attractive investment opportunity for prospective tenants. The property's size and tenant mix provide a balanced and diverse retail environment, catering to a wide range of consumer needs. This is an exceptional opportunity to establish or expand a business in a thriving, well-maintained shopping center with a proven track record of success. The available space is ready for immediate occupancy and offers significant potential for growth within a vibrant and affluent market.

Property profile

Verified
Property type Lifestyle centers
Total area 53,152 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm Currency Exchange Service
  • Grocery & Convenience Store Food Market
  • Electric Vehicle Charging Station
  • Crypto Atm Atm
  • Atm

Location

22401 Jefferson Blvd Smithsburg, MD 21783
Smithsburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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