Discovery Crossing Shopping Center

For Lease

8425 Woodsboro Pike, Walkersville, MD 21793

You can currently find 2 retail space(s) available for lease at Discovery Crossing Shopping Center. Designated use type for space listed here includes retail. Current retail listings at this property total 18,823 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Discovery Crossing Shopping Center.

Space Available For Lease 2

Contacts

broker

Joseph Farina

Divaris Real Estate

(571) 389-7362

Property Details

  • Property Type Retail
  • Property Size 53,277 SF
  • Units 16
  • Lot Size 7 Acre
  • Parking Spaces Avail. 223
  • Parking Ratio 5.67 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Date Updated Apr 25, 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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Getting around

  • 34/100

    Walk Score ®

  • 33/100

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Location

  • City Walkersville, MD
  • Neighborhood Walkersville
  • Zip Code 21793
  • Market Baltimore

Points of Interest

  • Frederick

    4.34 miles

  • Monocacy

    5.98 miles

  • 7-Eleven

    0.08 miles

  • Sheetz

    0.13 miles

  • Exxon

    1.75 miles

  • Liberty Gas Pumps

    1.83 miles

  • Rutter's

    1.87 miles

  • Royal Farms

    2.16 miles

  • Crown

    2.26 miles

  • Sheetz

    2.34 miles

  • Exxon

    3.19 miles

  • Liberty

    3.29 miles

  • Monocacy Boulevard Park & Ride

    1.77 miles

  • Weitzel Court

    2.29 miles

  • Park Land

    2.43 miles

  • Arts Center Parking 14

    2.95 miles

  • Visitor Parking 1

    3.02 miles

  • Student Parking 2

    3.04 miles

  • Student Parking 3

    3.06 miles

  • Student Parking 4

    3.07 miles

  • Student Parking 5

    3.09 miles

  • Conference Center Parking 6

    3.12 miles

  • Pasquale's Pizza

    1.21 miles

  • Plaza Mexico of Frederick

    1.48 miles

  • McDonald's

    1.53 miles

  • Pizza Hut

    1.55 miles

  • Panera Bread

    1.58 miles

  • Mamma Lucia

    1.68 miles

  • Five Guys

    1.69 miles

  • California Tortilla

    1.69 miles

  • Dunkin'

    1.70 miles

  • Chick-fil-A

    1.74 miles

  • Giant

    1.64 miles

  • Safeway

    1.76 miles

  • Walmart Supercenter

    1.83 miles

  • Marshalls

    2.35 miles

  • Wegmans

    2.40 miles

  • Weis

    2.99 miles

  • Giant Eagle

    3.81 miles

  • Food Lion

    4.34 miles

  • Weis

    4.65 miles

  • Kohl's

    5.39 miles

8425 Woodsboro Pike Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    The rent for retail space at 8425 Woodsboro Pike is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 18,823 square feet of retail space for lease. Of this total, 18,823 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    For car-travelling customers, 8425 Woodsboro Pike has a parking ratio of 5.67 / 1,000 SF, offering 223 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Joseph Farina

Divaris Real Estate

(571) 389-7362

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