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Flex Space with Office and Warehouse

2020-2040 Shipley Drive, Salisbury, MD 21801

For Lease
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Includes a reception area, conference room, break room, and six private offices alongside heated warehouse space.

Space Size13,400 SF
Days on Market9

Property Features for 2020-2040 Shipley Drive

General Information

Standard status Active
Size 13,400 SF
Net Rentable 13,400 SF
Property subtype Industrial, Office
Lease Type NNN

Space & Availability

Available Space 13,400 SF
Contiguous Space 13,400 SF
Space Use Warehouse
Available From 2025-07

Warehouse & Industrial

Clear Height 18 ft
Warehouse Space 8,400 SF
Office Build-Out 5,000 SF
Drive-In Doors 5
Sprinkler System Yes
Drive-In Door Height 12 ft
Warehouse Heated Yes

Additional Details

CAM $1.75 /SF/YR

Spaces For Lease

at 2020-2040 Shipley Drive
2030 Shipley Dr, B1 Active
Size 13,400 SF
Contact us
Listing Agency: SVN | Miller Commercial Real Estate Salisbury
Listed By: Brent Miller · License MD #99323
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 10 at 5:23AM

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 Salisbury

Rey
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Investment Insights

Based on property information with market context.

The flex space totals 13,400 square feet, with approximately 5,000 square feet of office area and 8,400 square feet of heated warehouse. Office improvements include a reception area, conference room, break room, and six offices. The warehouse has 18-foot ceilings and a sprinkler system throughout the unit.

Five 12-foot grade-level doors serve the space, including one that opens onto a dock-high court. The unit is located in the Kraus Business Center within Northwood Industrial Park on Shipley Drive in Salisbury, Maryland.

Key Highlights

  • 13,400 SF total: approximately 5,000 SF of office and 8,400 SF of heated warehouse
  • 18‑foot warehouse ceiling height; unit is fully sprinklered
  • Five 12‑foot grade‑level doors, including one opening onto a dock‑high court

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Grocery & Convenience Store Kitchen & Bath Showroom Pharmacy

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

18 ft
Clear height
5
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salisbury, MD

$7.49 /SF/Yr
Avg Asking Price
$7–$8 /SF/Yr
Price Range
7,473 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Salisbury, MD

$7.88 Jul
$7.74 Aug
$7.12 Sep
$7.49 Oct

Properties on Market for Flex space in Salisbury

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Includes a reception area, conference room, break room, and six private offices alongside heated warehouse space.
Where is this flex space located?
The property is located at 2020-2040 Shipley Drive Salisbury, MD.
What are key features of this property?
This property features: 13,400 SF total: approximately 5,000 SF of office and 8,400 SF of heated warehouse; 18‑foot warehouse ceiling height; unit is fully sprinklered; Five 12‑foot grade‑level doors, including one opening onto a dock‑high court
(410) 251-3540 Call to check price and availability
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