Leased Multi-Tenant Warehouse
For Sale
Contact for pricing
Pending
400 Marvel Rd, Salisbury, MD 21801
High-bay distribution/warehouse property with four separately leased units totaling multiple sizes, fully leased for investment purposes.
Property SizeContact for details
Days on Market119
Property Features for 400 Marvel Rd
General Information
Standard status
Pending
Property subtype
Industrial
Zoning
light industrial
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
SVN | Miller Commercial Real Estate Salisbury
Listed By:
Rick Tilghman · License #MD 603865
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Aug 7 at 4:51AM
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 SVN | Miller Commercial Real Estate Salisbury
Investment Insights
Based on property information with market context.
This fully leased, 100% occupied warehouse and distribution investment features high-bay space configured into four separate units, with tenant spaces ranging from 6,000 to 30,000 square feet. The offering is presented with four strong tenants, each with approximately 3 to 5 years remaining on their leases and 5-year options on each lease.
The property is located in Salisbury’s Industrial Park and provides access to the Rt 50 bypass for North, East, South, and West connectivity. The asset is zoned light industrial, supporting a wide range of permitted uses under the zoning ordinance, and additional unit separations could be added if desired.
As a multi-tenant warehouse setup, the configuration supports flexible tenant occupancy across multiple suites while remaining under a single ownership structure.
The property is located in Salisbury’s Industrial Park and provides access to the Rt 50 bypass for North, East, South, and West connectivity. The asset is zoned light industrial, supporting a wide range of permitted uses under the zoning ordinance, and additional unit separations could be added if desired.
As a multi-tenant warehouse setup, the configuration supports flexible tenant occupancy across multiple suites while remaining under a single ownership structure.
Key Highlights
- 100% leased investment property with four separately leased distribution/warehouse units.
- Four tenant spaces ranging from 6,000 SF to 30,000 SF; total unit sizes provided as multiple configurations.
- Leases with 3–5 years remaining for the current tenants, plus 5‑year options on each lease.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - High-bay distribution/warehouse property with four separately leased units totaling multiple sizes, fully leased for investment purposes.
Where is this warehouse located?
The property is located at 400 Marvel Rd Salisbury, MD.
What are key features of this property?
This property features: 100% leased investment property with four separately leased distribution/warehouse units.; Four tenant spaces ranging from 6,000 SF to 30,000 SF; total unit sizes provided as multiple configurations.; Leases with 3–5 years remaining for the current tenants, plus 5‑year options on each lease.
