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Commercial Space For Lease
For Lease
$1,750/Mo

55 Augustine Herman Highway, Elkton, MD 21921

2,000 SF commercial space available for lease immediately.

Space SizeContact for details
Property Size4,000 SF
Lot Size1.17 Acres
Days on Market156

Property Features for 55 Augustine Herman Highway

General Information

Standard status Active
Size 4,000 SF
Lot size 1.17 Acres
Property subtype Office

Building Details

Building Size 4,000 SF
Listed By: Tom Mottley
Source: Mackenziecommercial
Added: Apr 3 Changed: Aug 14 Last Checked: Sep 5 at 3:37AM

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 Tom Mottley

Investment Insights

Based on property information with market context.

A 2,000 square foot commercial space is available for lease. The property is located at 55 Augustine Herman Highway and sits on a 1.17-acre lot. The space is available immediately. A billboard is located on the site.

Key Highlights

  • 2,000 sf commercial space available for lease
  • Located on 1.17 acres
  • Available immediately

Property Analytics

Current Use

Hope & Refuge Family ... Church His Bearing Precious ... Church

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Kitchen & Bath Showroom Carpet & Flooring Store Electrical Service Parking Lot & Garage

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
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby

Demographics for 21921, MD

44,983
Population
18,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
92%
High-School Grad
94.7 sq mi
ZIP Area
475
Density / Sq Mi
$84,608
Median Household Income
$48,300
Median Earnings
$1,413
Median Rent
$296,000
Median Home Value

Market

Lease Benchmarks for Elkton, MD

$14.64 /SF/Yr
Avg Asking Price
$8.5–$20.57 /SF/Yr
Price Range
12,975 SF
Avg Space Size

This space is priced 28% below the average of $14.64 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 2,000 SF commercial space available for lease immediately.
Where is this office units located?
The property is located at 55 Augustine Herman Highway Elkton, MD.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: 2,000 sf commercial space available for lease; Located on 1.17 acres; Available immediately
More about this property
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