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301 N Frederick Ave, Gaithersburg, MD, 20877

Sherwin-Williams

$4,767,940

Key Information

Cap Rate
5.5%
$ per SF
$781
Tot. SF
6,100
Lot Size
0.46 Acres
Year Built
1984
Term Remaining
±3 Years
Type
Retail
Occupancy
100%
NOI
$262,236

Highlights

• Located in Gaithersburg, MD, a robust market in the Washington D.C. MSA, which continues to be at the top of the list for investors targeting retail assets in the Mid-Atlantic.
• Well-situated at 301 N Frederick Ave, this site is on the main thoroughfare of Gaithersburg, MD seeing ±35,232 VPD.
• Sherwin-Williams has roughly 3 years of remaining lease term and options with escalations.
• The tenant roster on N Frederick Ave is packed with national retailers like IHOP, Mr. Tire, Jiffy Lube, M&T Bank and many more.
• Extremely affluent, growing trade area (out to 5+ miles), highlighted by an Average Household Income of $143,795.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203