Technical
Financial
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Property profile

91 Eastern Blvd Hagerstown, MD 21740

OFF-MARKET
Lifestyle centers
118,055 SF
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Property summary

AI-generated overview

This exceptional 118,055-square-foot retail center is ideally situated at 91 Eastern Blvd N in Hagerstown, Maryland, 21740, on the heavily trafficked Dual Highway. Boasting a diverse tenant mix including Weis Markets, Macy's, Dollar Tree, Benny's Pub, Quizno's, Bistro Grill, T-Mobile, and more, this property enjoys 100% occupancy. The center benefits from a prime location within a vibrant retail corridor, experiencing daily traffic counts exceeding 27,000 vehicles. Its strategic proximity to Hagerstown Community College, Meritus Health Center, local schools, and Interstate 70 (with over 72,000 vehicles daily) ensures consistent high visibility and accessibility. The surrounding area features a strong demographic profile, with a population exceeding 150,516 within a 10-mile radius and an average household income of $85,191. Nearby competitors include Martin's, CVS, Walgreens, Aldi, Lidl, and numerous fast-food and restaurant chains. This well-established center presents a compelling investment opportunity in a thriving Maryland market, conveniently located within 35 minutes of Frederick, MD, and approximately 75 minutes from both Baltimore, MD, and Washington, D.C. The property is adjacent to Eastern Elementary, Ruth Anne Primary School, and Funkstown Elementary schools, as well as residential and apartment complexes.

Property profile

Verified
Property type Lifestyle centers
Total area 118,055 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
  • Corporate Office
  • Business Service Center Corporate Office

Location

91 Eastern Blvd Hagerstown, MD 21740
Hagerstown metro
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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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