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Second-Floor Office Space
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120 N Division St, Salisbury, MD 21801

Second-floor office space offered on a gross basis in Downtown Salisbury, sized for small teams.

Space Size525 SF
Days on Market95

Property Features for 120 N Division St

General Information

Standard status Active
Size 525 SF
Net Rentable 525 SF
Property subtype OFFICE
Lease Type Modified Gross

Space & Availability

Available Space 525 SF
Contiguous Space 525 SF
Floor 2
Space Use Office

Lease Terms

Lease Rate $650 /USD/MO
Total Rate $650
Monthly Rent $650
Rent per SF/Year $14.86

Spaces For Lease

at 120 N Division St Contact us

120 N Division St $650/Mo

Floor
2
Size
525 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 525 SF of second-floor office space is ideally-located in the heart of Downtown...
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Listing Agency: NAI Coastal
Listed By: George Merritt · License #0681070
Source: Moodyscre
Added: May 11 Changed: Aug 8 Last Checked: Aug 12 at 6:57AM

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 NAI Coastal

Investment Insights

Based on property information with market context.

Second-floor office space totaling 525 SF is available on a gross basis. The suite is designed to support a range of office uses, with space suited for businesses looking to begin or expand within a downtown setting.

Located in the heart of Downtown Salisbury, the space is within walking distance of downtown businesses, retail, and restaurants, making it convenient for employees and customers.

This centrally located second-floor office configuration can fit a variety of smaller office tenants seeking a compact footprint in a walkable area.

Key Highlights

  • 525 SF second‑floor office space
  • Gross basis
  • Second‑floor location

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Carpet & Flooring Store Daycare Center Restaurant

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
$2.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,073
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

$17.82 /SF/Yr
Avg Asking Price
$1.38–$216 /SF/Yr
Price Range
7,522 SF
Avg Space Size

This space is priced 17% below the average of $17.82 /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
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office space offered on a gross basis in Downtown Salisbury, sized for small teams.
Where is this office units located?
The property is located at 120 N Division St Salisbury, MD.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 525 SF second‑floor office space; Gross basis; Second‑floor location
(443) 935-2277 Call to check price and availability
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