OFFICE SPACE FOR LEASE THE GALAXY BUILDING 1888-1890 North Market Street Frederick, Maryland, 21701
VIEW VIDEO HERE EXECUTIVE SUMMARY THE OPPORTUNITY The Galaxy Building at 1888 & 1890 North Market Street is located on the cusp of the recent residential and business growth corridor in Frederick, surrounded by amenities, with direct access from MD 15 North via MD Route 26. The building underwent a complete renovation in 2017. High-end, free standing building with executive and mid-level work force accommodations and abundant parking All vacant spaces are fully built out and ready for immediate occupancy Spaces can be divided based on existing layout where possible Nestled in a thriving corporate business community with superior access to Interstate 70 and Interstate 270 for regional commuting to both Washington, DC and Baltimore Minutes from Clemson Corner located at the intersection of US Route 15 and MD Routes 26 and 355. The new 375,000 sf regional retail center is anchored by Wegmans, Lowe s and Marshalls 70 ACCESS + AFFORDABILITY 2.3 MILES 10 MINS 39.1% to the MARC cummuter rail line 40 Subject Property to demand generator Fort Detrick 15 of residents holding a bachelors degree 26 PAGE 2 FREDERICK, MARYLAND OVERVIEW Frederick is nationally recognized for the high quality of life its residents enjoy and the balanced and thriving local economic base. Close proximity to DC, Baltimore, and major demand generators like Fort Detrick and Riverside Research Park attract a wide variety of businesses specializing in science, technology, research and development, health care, communications, and construction and services. Frederick s location at the junction of Interstates 70 and 270 and between Interstates 95 and 81 puts it in the core of interstate commerce. The Galaxy Building is located less than 50 miles away and under an hour s drive from both Washington, DC and Baltimore. 15 340 351 85 270 355 70 75 80
New Roof/HVAC PROPERTY OVERVIEW RECENT RENOVATIONS New energy saving white reflective roof system All new mechanical, electrical and plumbing systems Parking lot resurfaced and restriped Exterior lighting upgraded and expanded with state of the art energy efficient fixtures Landscape of entire property Monument sign replaced with new illuminated tenant directory All concrete sidewalks and access points replaced New high volume gas service added Complete exterior painting KEY FACTS NAME The Galaxy Building ADDRESS 1888-1890 North Market Street Frederick, MD, 21701 PAGE 3 TOTAL SIZE TYPE AVAILABILITY RATE PARKING LAND AREA ZONING CONSTRUCTION 71,308 sf total between two buildings Class B Office 1,300-4,380 sf $21.50 psf, full service 4.5 spaces per 1,000 sf 7.60 acres Commercial General (CG) Frederick City Steel and masonry with ribbon glass panels
AMENITIZED LOCATION THE SHOPS AT MONOCACY MARKET SQUARE 26 Liberty Road Subject Property CLEMSON CORNER North Market Street 355 PAGE 4
LOCATION & MARKET 118,024 PEOPLE 30,291 VEHICLES $83,700 Within a 5-mile radius of the property Per day along Liberty Road (Maryland Route 26) at Wormans Mill Road Average household income in Frederick 7-MINUTE DRIVE 3,976 BUSINESSES 4.56% GROWTH To I-270 and just 10 minutes to downtown Frederick Employ over 54,264 people within a 3-mile radius In population projected over the next 5 years PAGE 5
1888 N. MARKET STREET FIRST FLOOR VACANT SUITE C 1,698 RSF PAGE 6
1890 N. MARKET STREET FIRST FLOOR VACANT SUITE 102 1,625 RSF PAGE 7
1890 N. MARKET STREET SECOND FLOOR VACANT SUITE 203 3,180 RSF VACANT SUITE 201 1,200 RSF PAGE 8
1890 N. MARKET STREET THIRD FLOOR VACANT SUITE 302 1,300 RSF PAGE 9
FOR MORE INFORMATION: Michael A. Royce, SIOR, Principal 301.718.9180 michael.royce@avisonyoung.com 8300 Greensboro Drive, Suite 275 Tysons, VA 22102 avisonyoung.com avisonyoung.com Avison Young - Washington DC LLC. All rights reserved. The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.