45 Waverley Dr Frederick, MD 21702
For Lease
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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.
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Ayodeji Jarrett Dental Office
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Kalpana Bazaar Grocery & Convenience Store Food Market
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Vigo Bank Credit Union
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Grocery On Mobile Take-out & Catering Grocery & Convenience Store
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Front Line Driving School (English & Spanish) Training Center Vocational School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.