Discovery Crossing Shopping Center

Investment Overview

Divaris Real Estate, Inc. is pleased to offer for sale Discovery Crossing Shopping Center, a 63,300 square foot, multi-tenant neighborhood retail center located at 8425 Woodsboro Pike in Walkersville, Maryland. Situated on 6.37 acres with +/- 250 parking spaces, the property occupies a highly visible, signalized intersection along Woodsboro Pike, Walkersville’s primary retail corridor, which carries approximately 24,391 vehicles per day. Discovery Crossing is anchored by one of the top-performing Goodwill stores in Maryland, according to Placer.ai, providing the center with a strong traffic-generating tenant and established consumer draw. The property benefits from an exceptionally tight surrounding retail market. Shops at Monocacy, Market Square at Frederick and Clemson Corner comprise approximately 693,770 square feet, with only 11,422 square feet currently marketed for lease—equating to approximately 98.4% occupancy. This limited availability is reinforced by the performance of the nearby Walmart on Monocacy Boulevard, which ranks in the 85th percentile of Walmart locations nationwide and the 80th percentile of Walmart locations throughout Maryland for customer visits, according to Placer.ai. Together, the strength of Discovery Crossing’s anchors, the scarcity of competing retail space and the proven sales traffic within the surrounding trade area position the property as a compelling opportunity to acquire stable income with meaningful upside in a supply-constrained retail market.

Investment Highlights

• Frederick is Maryland’s fastest growing county with a $15.9B GDP
• Strong demographics: $128,452 median HH income within 3 miles of the center
• 14,512 SF vacant junior-anchor box available — value add opportunity
• Recent Leasing Momentum: Three new leases commenced in Summer 2026 — Sliceology (Jun-26), Lux Laundromat ( Jun-26), and Sandy Bottom Sand Box (Jul-26) — totaling approximately 7,111 SF of newly leased space, underscoring strong, active demand for the property
• Current tenants include Dollar Tree, Goodwill, and H&R Block, and a strategic mix of daily-needs retail, services, and food-and-beverage tenants
• Limited competition — only one other shopping center in Walkersville
• Roof and parking replacement in 2017
• Located at a signalized intersection along Route 194; visible to approximately 24,391 VPD
• Outparcel occupied by a 7-Eleven gas station, creating complementary co-tenancy and consistent cross-shopping activity