1120 Patrick St, Frederick, MD 21703-3962

This exceptional 17,200 square foot retail property in Frederick County, Maryland, presents a unique investment opportunity. Built in 1987, the single-story building currently houses a Pep Boys auto repair and tire operation under a long-term ground lease. A significant portion of the building, totaling 9,936 square feet, is currently vacant and available for lease. The existing Pep Boys tenant occupies approximately 7,264 square feet and continues its operations. The vacant space offers considerable flexibility, adaptable to a variety of uses. Potential tenants could include medical facilities (dialysis or plasma centers), daycare centers (child or pet), discount retailers, furniture stores, tool and hardware retailers, or automotive-related businesses that do not directly compete with the existing tenant, such as collision repair centers, auto glass shops, or specialized auto parts stores. The property boasts high visibility from all directions and ample parking. Its location is typically surrounded by nationally recognized retailers, ensuring high traffic and visibility. The size of the available space can be customized to meet specific tenant needs. Cash allowances may be negotiated, contingent upon a rent structure that ensures a reasonable return on investment. This property offers a compelling combination of existing income and significant potential for future growth.