Renovated Office Suite with Open Floor
For Lease
Contact for pricing
224 Phillip Morris Dr, Salisbury, MD 21804
Renovated 2,123 SF office suite with a wide-open plan, private offices, and reception, plus renovated common restroom access.
Space Size2,123 SF
Days on Market1132
Property Features for 224 Phillip Morris Dr
General Information
Standard status
Active
Size
2,123 SF
Net Rentable
2,123 SF
Property subtype
OFFICE
Lease Type
NNN
Space & Availability
Available Space
2,123 SF
Contiguous Space
2,123 SF
Space Use
Office
Condition
Turnkey
Spaces For Lease
at 224 Phillip Morris Dr
224 Phillip Morris Dr
$8/SF/Yr
Floor
2
Size
2,123 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Come see the NEW Philmore Commons. New ownership has completed many improvements with more to come. Just renovated, 2123 Leasable square feet office space. Wide open floor plan with several private offices and reception. LVP flooring and fresh paint make this unit POP. Serviced by an also just renovated common area bathroom. Other improvements are possible, we just need to know what you need. This is an introductory rate for multiple year leases
Contact us
Listing Agency:
SVN - Miller | Salisbury
(410) 543-2440
Listed By:
Andrew "Andy" Ball · License ##36569
(410) 422-3672
Source:
Moodyscre
Added: Sep 1, 2023
Changed: Sep 10
Last Checked: Oct 5 at 9:16PM
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 | Salisbury
Investment Insights
Based on property information with market context.
Come see the new Philmore Commons. Under new ownership, this just-renovated office suite offers 2,123 leasable square feet of workspace designed with a wide open floor plan, complemented by several private offices and a reception area. LVP flooring and fresh paint help create a clean, modern look throughout the space.
The suite is serviced by a common area bathroom that has also been renovated. Additional improvements may be possible based on tenant needs, and the space is being offered with an introductory rate for multiple-year leases.
Situated at 224 Phillip Morris Dr in Salisbury, the suite is part of the Philmore Commons and is well suited for office users looking for a recently updated interior and flexible layout.
The suite is serviced by a common area bathroom that has also been renovated. Additional improvements may be possible based on tenant needs, and the space is being offered with an introductory rate for multiple-year leases.
Situated at 224 Phillip Morris Dr in Salisbury, the suite is part of the Philmore Commons and is well suited for office users looking for a recently updated interior and flexible layout.
Key Highlights
- 2,123 leasable SF renovated office suite
- Wide open floor plan with private offices
- Reception area included
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salisbury, MD
$10.34 /SF/Yr
Avg Asking Price
$1.38–$25 /SF/Yr
Price Range
11,074 SF
Avg Space Size
This space is priced 23% below the average of $10.34 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated 2,123 SF office suite with a wide-open plan, private offices, and reception, plus renovated common restroom access.
Where is this office units located?
The property is located at 224 Phillip Morris Dr Salisbury, MD.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 2,123 leasable SF renovated office suite; Wide open floor plan with private offices; Reception area included
