5245 Westview Dr

Frederick, MD 21703

• NNN Property
• Retail for Sale
• $7,986,462 CAD
• 23,011 SF

• Air Conditioning
• 24 Hour Access

Frederick Retail for Sale

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of 5245 Westview Drive, Frederick, Maryland. This 23,011 SF building on 2.89 acres is NNN-leased to GBG, Inc, a 29-unit operator of Gold’s Gyms in MD, VA and DC. The lease is guaranteed by Gold’s Gym International, Inc., which was acquired in 2020 by RSG Group Gmbh, one of the largest gym operators in the world. RSG Group Gmbh invests in multiple fitness brands and owns 18 brands in 48 different countries. The property has been a gym since 1999, and the current operator leased it in 2013. Following a temporary covid rent-reduction, the tenant signed a lease extension in 2023, extending the lease through 2029. The lease offers 2.5% annual rent escalations, allows collection of a management fee, and has two remaining 5-year options. The building is visible from I-270 and from Buckeystown Pike. It is located within Frederick’s west side commercial district, an area characterized by a broad mix of retail, dining, hotels and service-oriented uses. It provides convenient access to I-270, I-70, US-15, and US-340, making it accessible for residents throughout the region. The surrounding neighborhoods in Ballenger Creek and West Frederick have experienced steady residential growth, supporting a wide range of everyday commercial services. The local population is projected to grow by 13.94% over the coming 5-years, driven by strong employment growth in the advanced manufacturing and life-sciences industries. Several ongoing public and private initiatives are shaping the long-term trajectory of the area. Planned improvements in the West Frederick Growth Area—including new housing, roadway extensions, and public infrastructure—are expanding activity west of downtown. The development of Westside Regional Park, along with continued investment in nearby employment centers along the I-270 corridor, is contributing to increases in both resident and daytime populations. Overall, a new owner will be able to enjoy steady cash flow, guaranteed by Gold’s Gym International, Inc, while the local area continues to develop and grow. In the long-term, the low FAR, 2.89-acre lot size, and mixed-use zoning could allow for future redevelopment of the site.

Contact:

Marcus & Millichap

Property Subtype:

Health Club

Date on Market:

2026-01-16

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CVS | NYSE: CVS | Abs NNN Leasehold - 2311 Hanover Pike

Hampstead, MD 21074

• NNN Property
• Retail for Sale
• $3,718,276 CAD
• 13,137 SF

Hampstead Retail for Sale - Carroll County

SRS National Net Lease is pleased to present the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN-leased CVS Zero Cash Flow investment property located in Hampstead, Maryland. The property is leased to CVS (NYSE: CVS) under a 25-year absolute NNN lease with approximately eight (8) years remaining and four (4) five-year options to extend, the latter two of which are at fair market rent—underscoring the tenant’s long-term commitment to this location. The absolute NNN structure features zero landlord responsibilities, creating a truly management-free investment that is especially attractive to out-of-state or passive investors. The building is subject to a 24-year ground lease, also with approximately eight (8) years remaining and four (4) five-year options to renew. Importantly, the ground lease has been assigned to CVS, further minimizing ongoing obligations and day-to-day management for the leasehold owner.

Contact:

SRS Real Estate Partners

Property Subtype:

Drug Store

Date on Market:

2025-12-18

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Tobacco Hut - 1328 W Patrick St

Frederick, MD 21703

• NNN Property
• Retail for Sale
• $2,451,497 CAD
• 4,770 SF

Frederick Retail for Sale

• The tenant currently has 7 years remaining after just recently extend their lease, demonstrating their commitment to the site • The lease features 3% annual rental increases throughout the initial term, growing NOI and hedging against inflation

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2025-12-04

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5447-5459 Park Heights Ave

Baltimore, MD 21215

• NNN Property
• Retail for Sale
• $1,233,388 CAD
• 8,597 SF

Baltimore Retail for Sale - Baltimore Northwest

Appraised at $1.2M.Tremendous upside potential of $180,000 gross income. This mixed use property containing 11 apts and 5 commercial store fronts. Currently $126,000 Gross Income generating a 7.6% Cap Rate. Three Parcel C-2 Commercial, all-brick 12,354 sq. ft. building sitting on a 0.23-acre corner lot. Five Commercial/Retail tenants on the ground floo. Retail Tenants include: Tax Preparation Service, Hair Salon, Driving School, Paparazzi African Grill & a Shipping Company. Residential Units: 5447 Park Heights has three 2BD 2BA apartments, 5451 Park Heights has a studio apartment and 3 rooming units, and 5455 Park Heights also has a studio apartment and 3 rooming units. Commercial units are impressive with 110 ft deep lots, a front 10-car parking lot for customers, and rear garage entrances for the commercial tenants. The seller has invested $100,000 into improvements but a large value-add opportunity exists to increase rent, equity, and cash flow! With proper improvements, management, and tenant makeup, the rent roll could be significantly increased very quickly. C2 Zoning would allow reconfiguration of rooming units into standard apartments if desired. Located in a prime corner location in fast-developing Park Heights. The attractive mix of neighborhood retail in a dense and high-traffic area and affordable residences make this property nearly recession-proof and a solid income earner for your portfolio. The state of Maryland is investing $400 Million into making Pimlico a world-class race track, there will be a hotel, event space, and other amenities a few blocks from this location.

Contact:

Maryland Commercial Ventures

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-29

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Revolt DC - 1359 U St NW

Washington, DC 20009

• NNN Property
• Retail for Sale
• $2,673,729 CAD
• 2,100 SF

Washington Retail for Sale - Logan Circle

• 100% leased to Hush Nightclub for 10 years • Tenant has one 5-year option to extend with fixed rental rate increases through the option term • Excellent long-term viability in the underlying real estate with a replaceable rental rate • Tenant occupies the entirety of the three-story building

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2025-11-03

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Chase Bank - Washington D.C. - 5225 MacArthur NW blvd

Washington, DC 20016

• NNN Property
• Retail for Sale
• $13,333,920 CAD
• 2,300 SF

• 24 Hour Access

Washington Retail for Sale - Uptown

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Chase Bank investment property located in Washington D.C.. The tenant, Chase Bank, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Contact:

SRS Real Estate Partners

Property Subtype:

Bank

Date on Market:

2025-10-27

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7-Eleven - Washington D.C. - 3711 14th St NW

Washington, DC 20010

• NNN Property
• Retail for Sale
• $2,950,130 CAD
• 3,000 SF
• 1 Unit Available

Washington Retail for Sale - Uptown

• The tenant recently extended their lease and now has 5+ years remaining with 2 (5-year) options to extend, demonstrating their commitment to the site • The lease features a 10% rental increases at beginning of each option • Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada

Contact:

SRS Real Estate Partners

Property Subtype:

Convenience

Date on Market:

2025-10-21

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1110 U. Street SE - 1110 U St SE

Washington, DC 20020

• NNN Property
• Industrial for Sale
• $4,165,461 CAD
• 7,182 SF

Washington Industrial for Sale - Southeast

• NNN lease - tenant responsible for real estate taxes, insurance, maintenance and repairs • Mission critical location to meet 15-minute delivery window • Landlord may charge a 5% management fee • Tenant recently extended the lease through July 2034 demonstrating their commitment to the site • Landlord’s capital expenses shall be amortized over their useful life • Corporate lease guarantee • Considerable upside in the investment - major economic redevelopment taking place in the immediate surrounds of the property

Contact:

SRS Real Estate Partners

Property Subtype:

Service

Date on Market:

2025-09-26

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