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Route 340
Frederick, MD 21703
Jefferson Park · Property For Lease

HIGHLIGHTS

  • Occupy 52,000 SF of new, built-to-suit retail space directly off Route 340 at the epicenter of Frederick's Premiere Life Science Campus.
  • Heavily trafficked area attracting the attention of more than 53,700 daily drivers along Route 340.
  • Proposed retail within the park will include a 125-room hotel, outdoor seating, restaurants, and more.
  • Jefferson Tech Park is situated between more than 1,000 occupied townhomes and stacked townhome condominiums and 224 multifamily residential units.
  • Conveniently located five minutes from Downtown Frederick and in an area with a projected growth in population of 2.5%.
  • Adjacent to the retail space, the Jefferson Tech Park Life Science Campus is currently under construction with approved plans to total over 960,000SF.

PROPERTY FACTS

Center Type Lifestyle Center
Stores 3
Center Properties 4
Frontage Jefferson Pike
Gross Leasable Area 37,000 SF

ABOUT THE PROPERTY

Become a part of Jefferson Park's growing live, work, and play community prominently located on Jefferson Pike and Route 340. Fifty-two thousand square feet of retail space is available in Route 340's lifestyle center and is completely customizable to the tenant. Jefferson Park is a heavily trafficked area with impeccable exposure to over 53,700 daily drivers along Route 340. With over 400 occupied townhomes and apartments situated directly behind this retail area, residents are eager to enjoy various retail amenities within walking distance. While it is Maryland's second-largest city, Frederick provides a small-town feel with the convenience of major cities, positioned about 45 miles to Washington, DC, and 50 miles to Baltimore. The planned Jefferson Technology Park is Frederick's future premier biodiscovery campus, promoting integrated research and biomanufacturing in one centralized location. With a prominent Civil War past and a spot on the Interstate 270 tech corridor, Frederick blends history and technology for a uniquely modern experience. The average household income in the Frederick submarket within a 5-mile radius of Jefferson Park is about $105,700 with a projected 2.5% annual population growth where over 67% of their consumer spending is towards food & alcohol, transportation, and entertainment, hobbies & pets. Jefferson Park is the ideal destination for retailers searching for build-to-suit opportunities in a thriving residential and working community.

  • Listing ID: 27802073

  • Date on Market: 2/21/2023

  • Last Updated:

  • Address: Route 340, Frederick, MD 21703

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