Discovery Crossing Shopping Center

8425 Woodsboro Pike, Walkersville, MD 21793

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 53,277 SF
  • Units 16
  • Lot Size 7 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 223
  • Parking Ratio 5.67 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Date Updated Dec 11, 2024
63,291 sq. ft. retail neighborhood center Anchored by Goodwill & Dollar Tree Signalized intersectionDivaris Real Estate is pleased to present for sale this 63,291 sf neighborhood retail center within Frederick County, MD. The subject property is currently 28% vacant. Market vacancy for retail in Walkersville currently sits at 11.7% and the five year vacancy average sits at 14.3%. For comparison Frederick County as a whole currently has a 7.7% retail vacancy rate and a 6.9% five year vacancy average. On average, retail rates in Walkersville are currently hovering around the $16 - $17 per sf NNN range. The average rental rate for the occupied space is $14.30 per sf on a NNN basis. The property has been valued based on a market capitalization rate on current income. This valuation does not take into account the upside an investor would realize through leasing the center, raising base rental rates to market and increasing the credit of the existing tenancy.Discovery Crossing is a 63,291 Square Foot shopping center with a 14,000 SF junior anchor space available. The center is conveniently located on Woodsboro Pike, benefiting from exposure to more than 21,000 cars per day. Discovery Crossing sits on a signalized intersection directly across from Sheetz. The center is home to national retailers such as Dollar Tree, Goodwill and H&R Block. Discovery Crossing benefits from strong demographics with average household incomes of$118,579 within a 3 mile radius .
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Divaris Real Estate

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Walkersville, MD
  • Zip Code 21793
  • Market Baltimore

Points of Interest

  • Monocacy

    5.98 miles

Frequently Asked Questions

How much does retail space at 8425 Woodsboro Pike cost?

The price for retail space for lease at 8425 Woodsboro Pike is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 8425 Woodsboro Pike?

The property has 18,823 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 8425 Woodsboro Pike?

8425 Woodsboro Pike offers 223 parking spaces. Additionally, you can find 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 8425 Woodsboro Pike.

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Divaris Real Estate

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