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45 Waverley Rd. - Frederick, MD 21702

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Confidential Sale--Waverley Center--100% Leased

Waverley Center is a neighborhood strip center with several long-term tenants. It features seventeen 1-story units totaling over 20,000 SF, ranging in size from 900 to 2,360 SF, with 10-ft. ceilings, large show windows, some with front and rear entrances, lighted signs and gas heat. 120 parking spaces for customers and employees.
Nice mix of mom and pop tenants, such as convenience/grocery store, Chinese take-out, tobacco store, insurance office, barber, etc. Newest tenant, a public company, just signed a 20-year lease!
NOI averaged $324,646 from 2017-2019, and like other retail centers, it dipped in 2020 due to pandemic. Now, proforma NOI is in line with historical averages: $324,437.


A confidentiality agreement included with attachment is required in order to receive rent roll. It can also be signed online here: https://caprealtyadv.com/nda.html
Financially qualified investors only. Proof of funds required.

Contact Info:

571-259-4032 (Agent)

703-536-2100 (Office)

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