Legacy Realty Group Advisors is pleased to exclusively offer for sale Crestwood Plaza, a 56,890-square-foot Food Lion anchored shopping center located in Frederick, Maryland, within the Washington, DC MSA.
The property is 100% occupied and anchored by a top-performing Food Lion that recently renewed its lease through 2032 and generated $21.6 million in 2025 sales ($655 PSF).
Situated at the signalized intersection of Crestwood Boulevard and New Design Road, the center serves a dense and affluent trade area with more than 131,000 residents within five miles and average household incomes exceeding $131,000. The surrounding population has grown approximately 14.8% since 2020 and is projected to increase an additional 8.5% through 2031.? Crestwood Plaza offers investors stable grocery-anchored cash flow, limited near-term capital requirements, and future upside through mark-to-market leasing opportunities.?