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    11011 Manklin Creek Rd Berlin, MD 21811

    For Lease
    $26 SF/Yr

    Former Rite Aid in heavily trafficked shopping center.

    Property size:
    12,869 SF
    Lot size:
    9.99 Acres

    Property Features for 11011 Manklin Creek Rd

    General Information

    Size
    12,869 SF
    Lot size
    9.99 Acres

    Source: Rinnier Development Company Agent Blair Rinnier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Penington Commons

    The former Rite Aid is located within the Penington Commons Shopping Center, anchored by Food Lion. Situated at the signalized intersection of Route 589 and Manklin Creek Road, at the south gate of Ocean Pines, this outparcel benefits from strong traffic patterns and a diverse tenant mix. The property offers 12869 square feet of retail space, making it suitable for various retail purposes.
    Location Intelligence

    Current Use by Public Records

    Rite Aid Drug Store Wood Susan D Medical Clinic Coinhub Bitcoin ATM ... Atm Rite Aid Pharmacy Pharmacy Jeffrey D. Kukel, ... Pharmacy

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Worcester
    State
    Maryland
    Longitude
    -75.159899
    Latitude
    38.376799

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    FAQs

    What type of property is this?
    Retail space - Former Rite Aid in heavily trafficked shopping center.
    Where is this retail space located?
    The property is located at 11011 Manklin Creek Rd Berlin, MD.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Heavily trafficked outparcel location.; - Located at the signalized intersection of Rt 589 & Manklin Creek.; - Anchored by Food Lion in Penington Commons Shopping Center.
    (410) 742-8151
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    11011 Manklin Creek Rd Berlin, MD 21811
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    Berlin, MD 21811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11011 Manklin Creek Rd Berlin, MD 21811
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