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Retail Space in Sherman Square Center
New
For Lease
$1,050/Mo CAM $345 /USD/MO

1501 Edgemore Avenue D, Salisbury, MD 21801

The unit has separate electrical metering, with water and sewer billed independently.

Space Size1,050 SF
Days on Market2

Property Features for 1501 Edgemore Avenue D

General Information

Standard status Active
Size 1,050 SF
Net Rentable 1,050 SF

Space & Availability

Available Space 1,050 SF
Contiguous Space 1,050 SF

Lease Terms

Lease Rate $1,050 /USD/MO
Total Rate $1,395
Monthly Rent $1,050
Rent per SF/Year $12
CAM $345 /USD/MO

Additional Details

Utilities to Site Yes

Building Details

Year Built 1974
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Chris Peek · License #27688
Source: Lgagne
Added: Sep 1 Last Checked: Sep 1 at 9:00PM

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

Investment Insights

Based on property information with market context.

This retail unit offers approximately 1,050 square feet within Sherman Square Center at 1501 Edgemore Avenue D in Salisbury, Maryland. The property was built in 1974 and is undergoing ownership-led improvements, including planned new flooring in the unit.

Utilities are separately managed: electricity is individually metered for each unit, while water and sewer are separately metered and billed quarterly. The combination of a defined retail space and independent utility arrangements provides a straightforward operating setup for an occupant.

Key Highlights

  • Approximately 1,050 square feet of retail space
  • Located within Sherman Square Center
  • New flooring planned for the unit as part of complex upgrades

Property Analytics

Current Use

Daystar Unit 6 ... Barber Shop New Life Christian ... Church AAA Employment Agency ... Employment Agency Ria Money Transfer ... Bank Health and Wellness Clinical ... Medical Clinic

Suggested Use

Top Pick Law Firm Spa & Massage Center Pharmacy Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
23k
Monthly Visits Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The unit has separate electrical metering, with water and sewer billed independently.
Where is this retail space located?
The property is located at 1501 Edgemore Avenue D Salisbury, MD.
What is the lease rate?
The lease rate is $1,395/Mo.
What are key features of this property?
This property features: Approximately 1,050 square feet of retail space; Located within Sherman Square Center; New flooring planned for the unit as part of complex upgrades
More about this property
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