Property profile

18721-18745 Pointe Dr Hagerstown, MD 21742

OFF-MARKET
Retail properties & Spaces
24,795 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in a high-traffic area of Hagerstown, Maryland, specifically off the prime Pennsylvania Avenue corridor and within minutes of I-81. The property, situated in a quality small shopping center in Hagerstown's popular North end, offers a total of 24,795 square feet of retail space, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,925 square feet to a maximum contiguous space of 18,496 square feet. This flexibility allows for businesses of various sizes to find a suitable fit. The center boasts excellent visibility thanks to pylon signage on both Pennsylvania Avenue and North Pointe Drive, ensuring high exposure for tenants. Ample parking is available for customers and employees. Adding to the appeal, a Goodwill Retail & Donation Center is soon to open in the center, further enhancing foot traffic and attracting a diverse customer base. The property is located in Washington County and presents a unique chance to establish or expand a retail presence in a thriving commercial area. The address is 18721-18745 North Pointe Drive.

Property profile

Verified
Property type Retail properties & Spaces
Total area 24,795 SF

Cap rate & NOI

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

Location

18721-18745 Pointe Dr Hagerstown, MD 21742
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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