frederick, maryland 21703 - loopnet
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EXCELLENT ACCESS TO BALTIMORE/WASHINGTON & VIRGINIA
7601 GEOFFREY WAYFOR SALE & LEASE
Frederick, Maryland 21703
WAY
• Fully fenced expansive secure yard, truck courts up to 300’ in depth, 36’ clear height, and ample trailer storage.
• Active CSX rail spur with 9 rail receiving doors.
• Large, functional industrial land sites are rare and very difficult to acquire outside of Washington, DC.
• This drives significant price increases for functional product in the region and creates high barriers to entry in the market.
• Replacement cost for new industrial product in Frederick is going up as land prices continue to rise due to lack of supply.
HIGH QUALITY INDUSTRIAL PRODUCT OFFERING AT A SIGNIFICANT DISCOUNT TO REPLACEMENT COST
• There are few, if any availabilities for large users in Frederick County.
• On-site trailer storage and ample auto parking is attractive to e-commerce tenants.
• There are very few truly competitive properties in the Frederick County Industrial Market – Geoffrey Way is the only available contiguous block in excess of 135,000 square feet.
• Higher future renewal probabilities and rent growth.
RARE OPPORTUNITY TO CREATE SIGNIFICANT VALUE AT THE PROPERTY—MINIMAL COMPETITION FOR LARGER USERS
• Located 2.25 miles from I-270 and 4 miles from I-70.
• Within 50 miles of both Washington DC & Baltimore.
• 9.5 million consumers within a one-hour drive; third wealthiest, most educated CMSA in the United States.
• Access to 90 million people and one-third of the nation’s income within a one day drive.
• Ideal location for large corporate user looking to service the Mid-Atlantic Region.
EXCEPTIONAL ACCESS TO THE THIRD LARGEST CONSUMER BASE IN THE UNITED STATES
BUILDING SPECS
BALTIMORE
WASHINGTON
HAGERSTOWN
WAY
58 Minutes
58 Minutes
35 Minutes
DISTANCES TO:
I-70 4.0 miles
I-95 42.7 miles
Washington D.C. 49.2 miles
Baltimore 53.8 miles
Address 7106 Geoffrey Way Frederick, MD 21703
Lot Size 57.55 Acres
Year Built/Renovated 1996
Flood Zone Minimal flood hazard Zone X, Panel # 24021C0435D
Zoning LI—Light Industrial
SQUARE FOOTAGE
Builting Footprint 680,235 SF
Mezzanine 36,900 SF
Total SF 717,135 SF
Foundation Reinforced Concrete
Structure Sheet metal with skylights
HVAC
6 HVAC units on main building, one on guardhouse; 5 rooms with individual
systems; 6 inside heaters and 6 destratification fans; 3 rooftop heaters on main building; one on truck shop; 3
heaters on pump house
Power2 transformers 480/277, 1 powers building electric 1 for conveyor, 1 backup generator
for emergency systems
Sprinklers Class 4 Wet system
Warehouse Lighting T12 LED Mezzanine area, T5 in racking, T-8 Office areas
# of Restrooms 13
# of Dock-high Doors 36 receiving, 71 shipping, 2 large at ground level
# of Rail Receiving Doors 9
Column Spacing 50’ x 40’
Clear Height 24’ (Mezz) — 55’
Car Parking 300
Trailer Parking 416
Truck Court Depth 300’
Roof TPO (mechanically adhered) — original to the building
UTILITIES
Electricity Potomac Edison-First Energy
Gas Frederick Gas Co.
Water & Sewer Frederick County
JOHN WILHIDEExecutive Director+1 410 347 [email protected]
JOHN BOOTESenior Director+1 410 347 [email protected]
PATRICK MCBRIDEExecutive Director+1 717 231 [email protected]
GERRY BLINEBURYExecutive Managing Director+1 717 231 [email protected]
WAY