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.

Property Subtype:

Health Club

Date on Market:

2026-01-16

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.

Property Subtype:

Drug Store

Date on Market:

2025-12-18

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

Property Subtype:

Freestanding

Date on Market:

2025-12-04

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.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-29

Hagerstown Retail for Sale - Washington County

• The tenant, Wawa, Inc., is a nationally recognized convenience store and fuel operator with 1,100+ locations and investment-grade credit (Fitch: BBB) • Brand new 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 10% rental increases every 5 years throughout the primary term, starting in lease year 6 and at the beginning of each option period • Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s largest private companies • 2025 construction with high quality materials and distinct design elements • Large 2.15-acre parcel

Property Subtype:

Freestanding

Date on Market:

2025-10-29

Hagerstown Retail for Sale - Washington County

The Snyder Carlton National Net Lease Team is pleased to offer investors an excellent opportunity to acquire a new construction Wawa in Hagerstown, MD. Wawa is ranked 22nd on Forbes’ “America’s Top Private Companies” (2024), has been family owned and operated for over 200 years, and brings in over $18.8 billion in annual revenue. With a brand new 20-year corporate ground lease, six 5-year option periods, no landlord responsibilities, and a 10% rent increase every 5 years, this asset is ideal for a 1031 exchange or an investor seeking long-term passive cash flows. The new construction 5,915 SF convenience store with 8 MFDs on a large 2.45-acre parcel is strategically positioned on the hard corner signalized intersection of Pennsylvania Avenue and Maugans Avenue, which has a combined traffic count exceeding 42,900 VPD, and benefits from excellent ingress/egress and visibility. The subject property prospers from proximity to both affluent residential neighborhoods and flourishing industrial zones. Wawa is half a mile from the 1.2M SF Amazon Global Specialty Fulfilment Center (500+ employees) and the 1.5 million SF Volvo Powertrain Manufacturing Facility (1,700 employees). Additionally, Hagerstown Regional Airport is only 1.3 miles away and offers direct service to Orlando, Saint Petersburg, and Myrtle Beach. Nearby retailers include McDonald’s, Starbucks, Taco Bell, Wendy’s, Waffle House, Walgreens, CVS Pharmacy, and more. This is a great opportunity to purchase a brand-new Wawa in Hagerstown, MD, with a long-term corporate ground lease, no landlord responsibilities, and strong rent increases providing investors with passive income for years to come.

Property Subtype:

Freestanding

Date on Market:

2025-10-07

Littlestown Retail for Sale - Adams County

NNN Pro is pleased to present the exclusive listing for a Liberty Gas Station located at 400 N Queen Street, Littlestown, PA 17340. The site consists of roughly 1,816 rentable square feet of building space on an estimated 0.03-acre parcel of land. This Liberty Gas Station is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $85,000 and has scheduled increases of 2.00% annually.

Property Subtype:

Convenience

Date on Market:

2025-09-29

Frederick Retail for Sale

Property Subtype:

Bank

Date on Market:

2025-05-21