1113 Healthway Dr Salisbury, MD 21804
Property Features for 1113 Healthway Dr
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 2.01 Acres
Building Details
- Year built
- 2017
Source:
Elliman
Listing Agent: Ann E. Holtz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Two-Story Office Building
This fully leased two-story building is located off Route 50 in downtown Salisbury, Maryland, within an Opportunity Zone. The property is zoned Light Business and Institutional. The tenant roster includes Purdue, occupying the entire second floor, Coastal Hospice, and a dermatologist on the first floor. The building features a VRF HVAC system installed in 2016, cementitious siding, composite exterior trim, and LED lighting throughout. Interior spaces include conference rooms, numerous private offices, a break room, and two sets of his/hers restrooms on each floor. All leases are long term with options and are NNN. The property is priced to sell at a 10% cap rate.
Location Intelligence
Current Use by Public Records
CollegeJo
(Bike/Boat/Book/etc) Store
ESPS Total Wellness
Crisis Center
Kathryn Seifert
Physician
ESPS is permanently ...
Physician
Coastal Hospice
Home Health Care Service
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5789609
- Latitude
- 38.3704719
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building fully leased with long-term tenants.
Where is this office building located?
The property is located at 1113 Healthway Dr Salisbury, MD.
What is the asking price?
The asking price for this property is $3,311,122.
What are key features of this property?
This property features: - Priced to sell at a **10% cap rate.**; - Fully leased with Triple A tenants (Purdue, Coastal Hospice, Dermatologist).; - Long-term NNN leases with options.
