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Retail-Office Suite in University Square
For Lease
$19 SF/Yr NNN

1147 S Salisbury Boulevard 1 &3, Salisbury, MD 21801

Ground-floor suites are available in University Square along US Route 13 for retail or office users.

Space SizeContact for details
Days on Market176

Property Features for 1147 S Salisbury Boulevard 1 &3

General Information

Standard status Active
Lease Type NNN

Building Details

Year Built 1992
Listing Agency: Rinnier Development Co
Listed By: Matthew Trader · License #631428
Source: Selltheshore
Added: May 9 Changed: Oct 26 Last Checked: Oct 7 at 3:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Co

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Investment Insights

Based on property information with market context.

Exceptional lease opportunity located in University Square on US Route 13 in South Salisbury. Ground-floor space is available in suites suited for retail and office use.

The property is positioned across from Salisbury University and is described as having heavy traffic patterns and visibility along the corridor.

Suites are available in the 1,200 to 2,400 SF range. The offering is listed at $19 PSF NNN.

Key Highlights

  • Ground‑floor retail and office suites available in University Square on US Route 13 in South Salisbury
  • 1200–2400 SF available within the building (year built 1992)
  • Across from Salisbury University with reported heavy traffic patterns and visibility

Property Analytics

Current Use

Eastern Baptist Association Church TheUserGroup.org Charitable Organization Transworld Business Advisors ... Business Broker Epoxy Pros DelMarVa ... Construction Company The UPS Store Courier Service

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 21801, MD

31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value

Market

Lease Benchmarks for Salisbury, MD

$12.42 /SF/Yr
Avg Asking Price
$1.41–$22 /SF/Yr
Price Range
11,035 SF
Avg Space Size

This space is priced 53% above the average of $12.42 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor suites are available in University Square along US Route 13 for retail or office users.
Where is this retail space located?
The property is located at 1147 S Salisbury Boulevard 1 &3 Salisbury, MD.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail and office suites available in University Square on US Route 13 in South Salisbury; 1200–2400 SF available within the building (year built 1992); Across from Salisbury University with reported heavy traffic patterns and visibility
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