For Lease
$9.50/SF/YR

520 Baltimore StTaneytown, MD 21787

Grocery-anchored retail center in MD

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents itself in the form of the Taneytown Shopping Center, a thriving 90,703-square-foot community retail center strategically located at 520 E Baltimore St, Taneytown, MD 21787. Boasting a prime location along East Baltimore Street, experiencing approximately 13,000 vehicles per day, this center enjoys high visibility and accessibility. The center is anchored by Kennie’s Marketplace, the only grocery store in the immediate area, ensuring a consistent flow of customers. A strong tenant mix includes well-established businesses such as Family Dollar, Advance Auto Parts, and Anytime Fitness. Currently, two spaces are available, offering flexible sizes ranging from 6,000 to 9,175 square feet. Space 11 is already finished as a medical facility, while Suite 12's adaptable layout is perfect for multiple vendors. The lease rate is competitively priced at $9.50 per square foot, plus $2.25 per square foot in NNN expenses. This presents a rare chance to acquire a well-established, grocery-anchored retail center in a high-traffic location within Carroll County, Maryland. The property's strong tenant base and prime location make it an attractive investment with significant potential for growth and return.

Highlights

  • 90,703-square-foot community retail center in Taneytown, MD.
  • High-traffic location on E Baltimore St (approx. 13,000 vehicles/day).
  • Grocery-anchored by Kennie's Marketplace, the only grocery store in the immediate area.
  • Strong tenant mix including Family Dollar, Advance Auto Parts, and Anytime Fitness.
  • Two available spaces (6,000 - 9,175 sq ft), one a finished medical facility.
  • Lease rate: $9.50/sq ft + $2.25/sq ft NNN.

Property Details for 520 Baltimore St

Property type
Community centers, Neighborhood centers
RSF (Rentable sq. ft)
90,703 SF

Unit(s) available at that property

Space
8
Size
6,000 SF
Rate per SF
$9.50
Space
6
Size
9,175 SF
Rate per SF
$9.50

Location Insight

City
Taneytown
County
Carroll
State
Maryland
Latitude
39.6483794
Longitude
-77.1581529
520 Baltimore St, Taneytown, Maryland

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520 Baltimore St
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