For Sale
$4,188,000

1106 Patrick StFrederick, MD 21703

Added:
Dec 11, 2024
Days on market:
116

Highlights

  • Absolute NNN ground lease; zero landlord responsibilities.
  • 15-year initial term with six 5-year renewal options.
  • Rent increases 6% after year 6, then 8% at each option period.
  • Strategically located with over 2.2 MSF of retail within 1 mile.
  • Corporate lease with AutoZone (BBB credit rating), operating over 7,100 locations, and $17.457B in 2023 revenue.
  • Excellent demographics: Frederick County is Maryland's fastest-growing county, with over 134,000 residents within a 5-mile radius and an average household income exceeding $100K within 1, 3, and 5-mile radii.

Property Details for 1106 Patrick St

Property type
Retail properties, Auto shops
Square Feet
8,972 SF
Class
A
Year Built/Renovated
1989/2024
Lot Size (sq. ft)
50,094 SF

Location Insight

City
Frederick
County
Frederick
State
Maryland
Latitude
39.417343960113
Longitude
-77.446986618749
1106 Patrick St, Frederick, Maryland

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1106 Patrick St
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