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Property profile & analytics
FOR LEASE
Commercial real estate

45 Waverley Dr Frederick, MD 21702

20,660 SF
Entity Owned 6-yr Hold
Property ID
US40-1204907
Property summary
AI-generated overview

Waverley Center, located at 45 Waverley Drive in Frederick, Maryland, presents a unique opportunity for retail businesses seeking a prime location within a thriving community. This single-story, 20,660 square foot retail center boasts 14 suites, with one space currently available, totaling 900 square feet. The property enjoys a strong presence on a neighborhood strip conveniently situated off Frederick's Golden Mile, ensuring high visibility and accessibility. The center benefits from a stable tenant base, demonstrating consistent high performance. Its strategic location places it directly across from District 40, a significant redevelopment project transforming the Frederick Towne Mall, promising increased foot traffic and community revitalization. Ample parking is provided with 87 spaces available for customers and tenants. Further enhancing the property's appeal is the availability of a rear lot offering additional parking or storage options. Monument signage is also available, providing excellent branding opportunities for prospective tenants. This is a rare opportunity to secure a small shop space in a well-established and growing retail center in Frederick County, Maryland, zip code 21702. The property is situated in a high-traffic area with easy access to major roadways.

Property profile
Verified
Property type Commercial real estate
Total area 20,660 SF
UPID US40-1204907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ayodeji Jarrett Dental Office
  • Kalpana Bazaar Grocery & Convenience Store Food Market
  • Vigo Bank Credit Union
  • Grocery On Mobile Take-out & Catering Grocery & Convenience Store
  • Front Line Driving School (English & Spanish) Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sahana Properties LLC · 6 yrs held
Sahana Properties LLC
since 2019
2 recorded transactions
2019
$3.5M
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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