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Retail Space with Flooring Upgrade
For Lease
$1,050/Mo

1501 Edgemore Avenue D, Salisbury, MD 21801

Retail space in a commercial center with planned flooring improvements and separate electric metering.

Space Size1,050 SF
Days on Market51

Property Features for 1501 Edgemore Avenue D

General Information

Standard status Active
Size 1,050 SF
Net Rentable 1,050 SF
Lease Type NNN

Space & Availability

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

Lease Terms

Lease Rate $1,050 /USD/MO
Monthly Rent $1,050
Rent per SF/Year $12

Additional Details

Utilities to Site Yes

Building Details

Year Built 1974
Tenancy Multi
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Chris Peek · License ##4155894
Source: Premierehomegroup
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 28 at 1:22PM

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

Rey
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Investment Insights

Based on property information with market context.

Retail space at Sherman Square Center in Salisbury, Maryland, offering 1,050 square feet within a commercial property built in 1974. The unit is part of an ongoing complex upgrade that includes planned new flooring in the space.

Utilities are separately metered, with the tenant responsible for electric service through Delmarva Power. Water and sewer are also tracked separately and billed quarterly. The property is located at 1501 Edgemore Avenue D.

Key Highlights

  • 1,050 square feet of retail space
  • Planned new flooring in the unit
  • Located within Sherman Square Center

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Nail Salon

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

Multi-tenant
Tenancy
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
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Market

Lease Benchmarks for Salisbury, MD

$12.42 /SF/Yr
Avg Asking Price
$1.41–$22 /SF/Yr
Price Range
11,035 SF
Avg Space Size

This space is priced 3% below the average of $12.42 /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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a commercial center with planned flooring improvements and separate electric metering.
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 $1,050/Mo.
What are key features of this property?
This property features: 1,050 square feet of retail space; Planned new flooring in the unit; Located within Sherman Square Center
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