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Flex Warehouse with Office
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108 Cherry St, Salisbury, MD 21801

Flex industrial space includes warehouse and office with professionally installed low-voltage cabling throughout the complex.

Property Size39,000 SF
Days on Market542

Property Features for 108 Cherry St

General Information

Standard status Active
Size 39,000 SF
Property subtype INDUSTRIAL
Lease Type SF/yr
Listing Agency: Rinnier Development Company
Listed By: Matthew Trader · License #631428
Source: Moodyscre
Added: Feb 5, 2025 Changed: Jul 26 Last Checked: Aug 1 at 4:47AM

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 Rinnier Development Company

Investment Insights

Based on property information with market context.

This rare industrial offering combines warehouse space with office accommodations in a single flex-style complex. The property also includes professionally installed low voltage cable plant throughout the complex for telephone, data, CCTV, Wi-Fi, and audio/video.

The property is offered for rent at 108 Cherry St in Salisbury, Maryland.

Overall, the layout supports both storage and workplace functionality, with building-wide communications and security connectivity already in place.

Key Highlights

  • Industrial flex space with warehouse and office
  • Professionally installed low‑voltage cable plant throughout the complex
  • Low‑voltage system includes telephone, data, CCTV, Wi‑Fi, and audio/video

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service Carpet & Flooring Store Home Appliance Store

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby
Under-served
Demand for This Use

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

$10 /SF/Yr
Avg Asking Price
$7–$15 /SF/Yr
Price Range
44,146 SF
Avg Space Size

This space is priced 200% above the average of $10 /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?
Flex space - Flex industrial space includes warehouse and office with professionally installed low-voltage cabling throughout the complex.
Where is this flex space located?
The property is located at 108 Cherry St Salisbury, MD.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Industrial flex space with warehouse and office; Professionally installed low‑voltage cable plant throughout the complex; Low‑voltage system includes telephone, data, CCTV, Wi‑Fi, and audio/video
(443) 614-4297 Call to check price and availability
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