Shopping Center with Multi-Tenant
For Sale
Contact for pricing
1517 N Salisbury Blvd, Salisbury, MD 21804
Retail side offers 64 parking spaces and warehouse side has newly fenced gated parking.
Property Size25,500 SF
Price / SF$70.59
Days on Market554
Property Features for 1517 N Salisbury Blvd
General Information
Standard status
Active
Size
25,500 SF
Property subtype
RETAIL
Additional Details
Cap Rate
7%
Amenities
fenced/gated parking
Building Details
Tenancy
Multi
Listing Agency:
NAI Coastal
(443) 935-2277
Listed By:
George Merritt · License #0681070
(443) 935-2277
Source:
Moodyscre
Added: Feb 14, 2025
Changed: Aug 22
Last Checked: Aug 22 at 10:56AM
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 NAI Coastal
Investment Insights
Based on property information with market context.
This shopping center totals 25,500 SF and is set up with a multi-tenant tenancy. Family Dollar has a 25-year tenancy history at the property, and Rent-A-Center has a 23-year tenancy history with 1.5 years remaining on the current term. Two local warehouse users finish out the tenancy.
The property is offered with a 7% cap rate (financials available upon request). Parking includes 64 spaces on the retail side, along with newly fenced and gated parking for the warehouse side, supporting separated access and day-to-day operations for both areas.
The property is offered with a 7% cap rate (financials available upon request). Parking includes 64 spaces on the retail side, along with newly fenced and gated parking for the warehouse side, supporting separated access and day-to-day operations for both areas.
Key Highlights
- 25,500 SF shopping center
- Family Dollar with 25‑year tenancy history
- Rent‑A‑Center with 23‑year tenancy history and 1.5 years left on current term
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 6%
Hotels & Casinos 4%
Home Improvements & Furnishings 3%
PNC Bank
Shops & Services
8,485 visits/mo
0.5 miles
AutoZone
Shops & Services
4,644 visits/mo
0.3 miles
Family Dollar
Shops & Services
3,979 visits/mo
0.0 miles
Pep Boys Auto Parts & Service
Shops & Services
2,041 visits/mo
0.1 miles
Citgo
Shops & Services
1,912 visits/mo
0.5 miles
Demographics for 21804, MD
40,049
Population
16,736
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
68.6 sq mi
ZIP Area
584
Density / Sq Mi
$68,882
Median Household Income
$35,902
Median Earnings
$1,343
Median Rent
$230,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail side offers 64 parking spaces and warehouse side has newly fenced gated parking.
Where is this shopping center located?
The property is located at 1517 N Salisbury Blvd Salisbury, MD.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 25,500 SF shopping center; Family Dollar with 25‑year tenancy history; Rent‑A‑Center with 23‑year tenancy history and 1.5 years left on current term
