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    FOR LEASE
    Outlet malls

    5425 Urbana Pike, Frederick, MD 21701

    43,256 SF 15.33 ac lot Built 1998
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US40-2354374
    Property summary
    AI-generated overview

    Riverview Plaza, located at 5425 Urbana Pike in Frederick, Maryland (zip code 21701), presents a significant retail leasing opportunity in Frederick County. This multi-tenant commercial property boasts a total of 33,429 square feet, currently entirely vacant and available for lease. The building is comprised of two suites, offering flexible space options to suit various business needs. Businesses seeking a smaller footprint can lease a minimum of 9,260 square feet, while larger tenants can occupy up to 24,169 contiguous square feet. The property's strategic location on Urbana Pike provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The entire 33,429 square feet is available for lease, presenting a unique chance for a single large tenant or the possibility of dividing the space to accommodate multiple businesses. This prime retail space in Frederick, MD offers a compelling opportunity for growth and success. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 39.3850686 and longitude -77.4007126.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1998
    Construction BRICK
    Total area 43,256 SF
    Lot 15.33 ac (667,775 SF)
    Zoning code GC MM
    APN 28-582536
    UPID US40-2354374
    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
    • Sierra Department Store
    • Riverview Plaza Shopping Center & Mall
    • Old Navy Clothing & Fashion Store
    • Change Lock Cylinder Frederick Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $18.83M
    Blend (final) Blend
    $26.28M
    Owner & transaction history
    Ss Va95 Riverview LLC · 1 yrs held
    Ss Va95 Riverview LLC
    since 2024
    Last sale
    $30.0M
    7 recorded transactions
    2024
    $30.0M
    2024
    2007
    $22.1M
    2000
    $12.3M
    1999
    $20.8M
    1999
    $850,000
    1998
    Zoning & alternative use
    GC MM · Frederick, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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