Retail Space at Sherman Square
New
For Lease
$1,050/Mo CAM $345 /USD/MO
1501 EDGEMORE Avenue, Salisbury, MD 21801
CommercialLease, SALISBURY, MD
Space Size1,050 SF
Days on Market2
Property Features for 1501 EDGEMORE Avenue
General Information
Property type
Other
Property subtype
Retail
Parking
25
Parking features
Parking Lot
Elementary school district
WICOMICO COUNTY PUBLIC SCHOOLS
Middle school district
WICOMICO COUNTY PUBLIC SCHOOLS
High school district
WICOMICO COUNTY PUBLIC SCHOOLS
Standard status
Active
Utilities
Cooling system
Heat Pump
Building Details
Year built
1974
Number of units
5
Building materials
Brick
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Chris Peek · License #27688
(410) 603-9112
Added: Aug 31
Last Checked: Sep 1 at 11:06PM
MLS# MDWC2024490
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail space is located within Sherman Square Center in Salisbury, Maryland. The unit contains 1,050 square feet and is part of a brick-built commercial property completed in 1974. Planned improvements include new flooring as the complex undergoes upgrades.
The premises has heat-pump cooling and access to a shared parking lot. Electrical service is individually metered, while water and sewer are separately metered and billed through the landlord. The property is located at 1501 Edgemore Avenue in the 21801 postal area.
The premises has heat-pump cooling and access to a shared parking lot. Electrical service is individually metered, while water and sewer are separately metered and billed through the landlord. The property is located at 1501 Edgemore Avenue in the 21801 postal area.
Key Highlights
- 1,050 square feet of retail space
- Located at Sherman Square Center, 1501 Edgemore Avenue, Salisbury, MD 21801
- Brick construction with 1974 build year
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Home Improvements & Furnishings 3%
Electronics 2%
AutoZone
Shops & Services
4,644 visits/mo
0.2 miles
Dollar General
Shops & Services
4,428 visits/mo
0.5 miles
Family Dollar
Shops & Services
3,979 visits/mo
0.2 miles
Valvoline Instant Oil Change
Shops & Services
3,126 visits/mo
0.5 miles
Pep Boys Auto Parts & Service
Shops & Services
2,041 visits/mo
0.3 miles
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
$12.81 /SF/Yr
Avg Asking Price
$7–$22 /SF/Yr
Price Range
12,612 SF
Avg Space Size
This space is priced 6% below the average of $12.81 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Brick retail space with heat-pump cooling, parking lot access, and planned new flooring improvements.
Where is this retail space located?
The property is located at 1501 EDGEMORE Avenue Salisbury, MD.
What is the lease rate?
The lease rate is $1,395/Mo.
What are key features of this property?
This property features: 1,050 square feet of retail space; Located at Sherman Square Center, 1501 Edgemore Avenue, Salisbury, MD 21801; Brick construction with 1974 build year
