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27631058
27631057

50 CITIZENS WAY, 101, Frederick, MD 21701 For Sale

T"
MD MD #307505
VCRE.CO
Listed by VCRE.CO
$12,000,000
276 days on market
Updated 67 days ago

Creekside Plaza

Details
Property Type Retail
Sub Type Commercial
Square Footage 53,826
Units 32
Cap Rate 7.00%
Occupancy 100%
Class A
Year Built 2007
Zoning DB (downtown business)

Retail | 6.00% CAP | 53,826 SqFt

Marketing description

Verita commercial real estate is pleased to offer for sale creekside plaza, unit 101, a 53,826 sf mixed use property located in the heart of thriving downtown frederick, md. creekside plaza, is a premier class a building surrounded by amenities, with more than 200 specialty shops, art galleries and restaurants. Direct access to frederick county courthouse, carroll creek linear park & business district. The property is 100% leased with several major tenants: presidential, george mason, and nasw just to name a few. in-house management & leasing in place.

Fantastic location in the city of frederick. This class a building with copious amenities, and magnificent views includes a covered sky walk to adjacent parking garage, offering 168 exclusive spaces to creekside plaza. The property features a large lobby encompassed by south mountain creamery and frederick social, two very popular establishments in downtown frederick. The facility is also fully ada compliant and offers restrooms and kitchens on each floor.

Introducing 50 citizen's way, a prime investment opportunity in downtown frederick! This impressive 50,571 sf building, boasting 32 units, presents a lucrative option for office building investors. Built in 2006 and zoned db for downtown business, this property offers a desirable location and is currently enjoying full occupancy, ensuring immediate returns. With all units filled, investors can step into a secure, income-generating asset from day one. don't miss the chance to add this thriving commercial property to your portfolio and capitalize on the vibrant frederick area's potential.

Nestled in historic Frederick, MD, this prime location offers a vibrant atmosphere for office building investors. Just steps away from the property, indulge in the city's rich cultural heritage with a visit to the National Museum of Civil War Medicine or catch a show at the Weinberg Center for the Arts. Enjoy the charming local shops, trendy restaurants, and bustling breweries in the downtown area. For a breath of fresh air, Baker Park provides a picturesque setting for relaxation and recreation. With easy access to major commuter routes and a thriving business community, this area presents a compelling opportunity for office building investors seeking a dynamic, well-connected locale.

Investment highlights

  • Class "A"-50,571 SF over 4 floors
  • 32 units
  • Built in 2006
  • Zoned DB (downtown business)
  • Located on Carroll Creek
  • 100% occupancy

Listing Contacts

T"
MD MD #307505
VCRE.CO
Listed by VCRE.CO

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Additional Information

Name
Tony "C" Checchia
License
MD #307505
Brokerage
VCRE
Brokerage Phone
240-367-9600
Title
Broker
Brokerage Address
50 Citizen's Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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