- For Sale $3,747,000/SF
- Property Type Retail
- Property Size 8,972 SF
- Lot Size 1.15 Acre
- Cap Rate % 4.75
- Date Updated May 9, 2025
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (ground lease) in an absolute NNN leased, AutoZone investment property located in Frederick, Maryland. The location opened in 2014 and the tenant recently signed a 15-year extension with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 6% rental increase in 2029 and 8% increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
The AutoZone is located near the signalized, hard-corner intersection of W Patrick St and Hillcrest Dr. The property is located right off of US Highway 15, which averages over 103,500 vehicles passing by daily.
Frederick Freeway/State Highway 103,500 VPD
Pylon sign
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
75/100
Very Walkable
-
Transit Score ®
29/100
Some Transit
-
Bike Score ®
33/100
Somewhat Bikeable
- City Frederick, MD
- Zip Code 21703
- Market Baltimore
Points of Interest
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Monocacy
3.72 miles
-
Shell
0.17 miles
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Wawa
0.46 miles
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Exxon
0.60 miles
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Sheetz
1.08 miles
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Exxon - Jefferson Street Exxon
1.19 miles
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Citgo
1.20 miles
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A-1 Choice
1.29 miles
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Jefferson Street SERVICE CENTER
1.33 miles
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ChargePoint
1.67 miles
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GetGo
1.70 miles
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13
0.28 miles
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10
0.28 miles
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6
0.31 miles
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4
0.31 miles
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Whitaker parking lot
1.44 miles
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West Patrick Street Garage
1.81 miles
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Court Street Garage
1.90 miles
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Church Street Garage
2.00 miles
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Black Hog Grill Parking Lot
2.00 miles
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Carroll Creek Parking Deck
2.04 miles
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Taco Bell
0.10 miles
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Sabor Casero Bakery
0.15 miles
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Outback Steakhouse
0.15 miles
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McDonald's
0.15 miles
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Subway
0.16 miles
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Domino's
0.17 miles
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Il Forno Pizzeria
0.17 miles
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El Eden - J&V Mexican Restaurant
0.18 miles
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Wendy's
0.23 miles
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KFC
0.24 miles
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Giant Eagle
0.15 miles
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Burlington
0.21 miles
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ALDI
0.23 miles
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Big Lots
0.52 miles
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District 40
0.58 miles
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Boscov's
0.66 miles
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Weis
1.17 miles
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Food Lion
1.75 miles
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Ross
2.19 miles
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Kohl's
2.26 miles
Frequently Asked Questions
The space currently listed for sale at 1106 W Patrick Street asks for $3,747,000/SF.
1106 W Patrick Street totals 8,972 square feet.
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