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First-Floor Office Suite with Private Offices
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224 Phillip Morris Dr, Salisbury, MD 21804

First-floor office suite offering an open area, three private offices, and one bathroom in Philmore Commons.

Space Size1,568 SF
Days on Market1083

Property Features for 224 Phillip Morris Dr

General Information

Standard status Active
Size 1,568 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Business Included No

Spaces For Lease

at 224 Phillip Morris Dr Contact us

224 Phillip Morris Dr $7/SF/Yr

Floor
1
Size
1,568 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- A 1,568 SF office space located in Philmore Commons - The unit is located on the...
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Listing Agency: SVN - Miller | Salisbury
Listed By: Andrew "Andy" Ball · License #36569
Source: Moodyscre
Added: Sep 5, 2023 Changed: Aug 8 Last Checked: Aug 21 at 8:04AM

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.

This 1,568 SF first-floor office suite is located within Philmore Commons and includes an open work area, three private offices, and one bathroom. The space is set up to support a variety of office configurations while maintaining dedicated rooms for individual work.

The lease is triple-net (estimated at $3.00 PSF). The suite could also be combined with unit 102 for a total of 2,453 SF, which may be useful for tenants seeking additional space under a multi-year lease term.

Key Highlights

  • 1,568 SF first‑floor office space in Philmore Commons
  • Layout includes an open area, 3 private offices, and 1 bathroom
  • Triple‑net lease type (estimated @ $3.00 PSF)

Property Analytics

Current Use

Passionate LightHouse of GOD Church The Spence Realty Group Real Estate Agency Dr. Kristen M ... Alternative Medicine Practice Jennifer Funaioli-Sheehan Pediatrician Dr. Curtis Harris Physician

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Real Estate Agency HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

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

Market

Lease Benchmarks for Salisbury, MD

$18.38 /SF/Yr
Avg Asking Price
$1.38–$216 /SF/Yr
Price Range
8,413 SF
Avg Space Size

This space is priced 62% below the average of $18.38 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office suite offering an open area, three private offices, and one bathroom in Philmore Commons.
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 $7 SF/Yr.
What are key features of this property?
This property features: 1,568 SF first‑floor office space in Philmore Commons; Layout includes an open area, 3 private offices, and 1 bathroom; Triple‑net lease type (estimated @ $3.00 PSF)
(410) 422-3672 Call to check price and availability
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