Search
Renovated Office Space Available Now
For Lease
Contact for pricing

224 Phillip Morris Dr, Salisbury, MD 21804

Newly renovated office space featuring an open layout and suites.

Space Size1,001 SF - 4,857 SF
Property Size42,425 SF
Days on Market1531

Property Features for 224 Phillip Morris Dr

General Information

Standard status Active
Size 1,001 SF - 4,857 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 42,425 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 224 Phillip Morris Dr Contact us

Suite 105A

Size
1,001 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 400/401

Size
4,857 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 404

Size
1,443 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: SVN | Miller Commercial Real Estate Salisbury
Listed By: Andrew Ball · License #MD 36569
Source: Crexi
Added: Jun 28, 2022 Changed: Sep 3 Last Checked: Aug 31 at 2:38PM

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

Investment Insights

Based on property information with market context.

This newly renovated office space is located on the second floor of a walk-up building. The layout includes a large open area, two office suites, and two bathrooms. The space is available immediately for lease at $12 per square foot, with triple net fees estimated at $5.25 per square foot. This property is part of a thriving office complex.

Key Highlights

  • Newly renovated office space available immediately
  • Open layout with large open area
  • Two private office suites provide flexibility

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

$26.41 /SF/Yr
Avg Asking Price
$1.38–$290 /SF/Yr
Price Range
10,424 SF
Avg Space Size

This space is priced 62% below the average of $26.41 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Newly renovated office space featuring an open layout and suites.
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 $10 SF/Yr.
What are key features of this property?
This property features: Newly renovated office space available immediately; Open layout with large open area; Two private office suites provide flexibility
(410) 543-2440 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message