Commercial Real Estate in Glenelg available for sale
Glenelg NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Glenelg, MD, USA

More details for 7146 Montevideo Rd, Jessup, MD - Industrial for Sale

7146 Montevideo Rd Jessup, MD 20794-9309 - 7146 Montevideo Rd

Jessup, MD 20794

  • NNN Property
  • Industrial for Sale
  • $4,060,676 CAD
  • 15,670 SF
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More details for 8553 Fort Smallwood Rd, Pasadena, MD - Retail for Sale

The Human Bean - 8553 Fort Smallwood Rd

Pasadena, MD 21122

  • NNN Property
  • Retail for Sale
  • $2,430,448 CAD
  • 1,685 SF
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More details for 5245 Westview Dr, Frederick, MD - Retail for Sale

5245 Westview Dr

Frederick, MD 21703

  • NNN Property
  • Retail for Sale
  • $7,785,557 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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More details for 2311 Hanover Pike, Hampstead, MD - Retail for Sale

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

Hampstead, MD 21074

  • NNN Property
  • Retail for Sale
  • $3,624,740 CAD
  • 13,137 SF
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More details for 4609 Pinecrest Office Park Dr, Alexandria, VA - Office for Sale

4609 Pinecrest Office Park Dr

Alexandria, VA 22312

  • NNN Property
  • Office/Medical for Sale
  • $1,062,898 CAD
  • 1,210 SF
  • 1 Unit Available
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More details for 5447-5459 Park Heights Ave, Baltimore, MD - Retail for Sale

5447-5459 Park Heights Ave

Baltimore, MD 21215

  • NNN Property
  • Retail for Sale
  • $1,202,361 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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More details for 307 S Eaton St, Baltimore, MD - Office for Sale

307 S Eaton St

Baltimore, MD 21224

  • NNN Property
  • Office for Sale
  • $3,181,923 CAD
  • 7,831 SF
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