Property summary
This exceptional investment opportunity presents itself in the form of the Taneytown Shopping Center, a thriving 90,703-square-foot community retail center strategically located at 520 E Baltimore St, Taneytown, MD 21787. Boasting a prime location along East Baltimore Street, experiencing approximately 13,000 vehicles per day, this center enjoys high visibility and accessibility. The center is anchored by Kennie’s Marketplace, the only grocery store in the immediate area, ensuring a consistent flow of customers. A strong tenant mix includes well-established businesses such as Family Dollar, Advance Auto Parts, and Anytime Fitness. Currently, two spaces are available, offering flexible sizes ranging from 6,000 to 9,175 square feet. Space 11 is already finished as a medical facility, while Suite 12's adaptable layout is perfect for multiple vendors. The lease rate is competitively priced at $9.50 per square foot, plus $2.25 per square foot in NNN expenses. This presents a rare chance to acquire a well-established, grocery-anchored retail center in a high-traffic location within Carroll County, Maryland. The property's strong tenant base and prime location make it an attractive investment with significant potential for growth and return.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
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Restaurant Take-out & Catering
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Restaurant
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Medical Laboratory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GENER · Taneytown, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for GENER in Taneytown, MD.
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Find the owner behind the property.
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