Frederick, Maryland, offers a unique opportunity for investors to capitalize on the city's rich history, diverse economy, and strategic location. With 45 commercial real estate listings available for sale, investors can choose from a range of properties that cater to different business needs. Commercial real estate in Frederick encompasses various types of investments, including office buildings, retail spaces, and industrial properties, making it an attractive option for businesses looking to establish a presence in the region. The city's amenities, such as Carroll Creek Park and the Community Bridge mural, contribute to its appeal, while its proximity to Washington, D.C. and Baltimore makes it an ideal location for businesses seeking to tap into the larger market. Additionally, Frederick's strong educational institutions, including Frederick Community College and Hood College, provide a skilled workforce, making it an attractive location for businesses. The city's humid subtropical climate, with hot summers and cool winters, also makes it an attractive location for businesses and residents alike.
Frederick's commercial real estate market is characterized by a range of properties, including office buildings, retail spaces, and industrial properties. The city's office market is driven by the presence of major employers, such as the National Cancer Institute's Frederick National Laboratory for Cancer Research and Charles River Labs. Industrial properties in Frederick are also in high demand, with the city's proximity to major highways and transportation facilities making it an ideal location for logistics and distribution companies. Apartment buildings in Frederick offer investors a stable source of income, with the city's growing population and limited housing supply driving demand for rental properties. Hotels in Frederick also offer investors a unique opportunity, with the city's tourism industry driven by its rich history, cultural attractions, and natural beauty. With its diverse economy, strategic location, and range of commercial properties, Frederick is an attractive location for businesses and investors alike.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Frederick, Maryland, buyers have several choices to consider, including:
- Traditional commercial mortgages offered by banks and credit unions, which typically require a 20-30% down payment and offer fixed or variable interest rates;
- Small Business Administration (SBA) loans, which provide more favorable terms, such as lower down payments and longer repayment periods, for eligible small businesses;
- Alternative financing options, like private money lenders and hard money loans, which may offer more flexible terms, but often come with higher interest rates and fees.
With 45 available listings of commercial real estate in Frederick, buyers have a range of properties to choose from, with an average price per square foot of $237 USD and an average size of 17,948 square feet, making it an attractive market for investors and business owners alike.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Frederick, Maryland, cap rates play a crucial role in determining the investment's potential return. With an average cap rate of 7.76%, investors can gauge the property's income-generating potential, making it essential to understand what a cap rate is and how it affects their investment decisions - for a comprehensive explanation, refer to our article on what is a cap rate.
In Frederick, where there are currently 45 available listings of commercial real estate, investors can explore opportunities in various sectors, including biomedical research, retail, dining, technology, and office spaces, with average prices per square foot of $237 USD and average sizes of 17,948 square feet, ranging up to 204,690 square feet.
What is considered a commercial property?
In Frederick, Maryland, a commercial property is generally considered to be a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities, which can be found in areas like the Frederick Historic District, Riverside Research Park, and along major roads like I-70 and US 15.
With 45 available listings of commercial real estate in Frederick, investors and business owners can find properties that suit their needs, ranging from 17,948 square feet to 204,690 square feet, with an average price per square foot of $237 USD and an average cap rate of 7.76%.
