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Retail Space in Salisbury Center
For Lease
$12 SF/Yr

258 TILGHMAN Rd 252, Salisbury, MD 21801

1,400 sq. ft. retail space in shopping center.

Space SizeContact for details
Days on Market165

Property Features for 258 TILGHMAN Rd 252

General Information

Standard status Active
Property subtype Commercial
Lease Term 12 months

Building Details

Year Built 1988
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Tonney H Insley IV · License #36569
Source: Elliman
Added: Mar 10 Changed: Aug 13 Last Checked: Aug 20 at 12:04PM

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 1,400 sq. ft. retail space is located within a 151,712 sq. ft. shopping center. The property is situated on the corner of U.S. Rt. 50 and Tilghman Road, towards the East side of Salisbury. U.S. Rt. 50 splits Salisbury in the middle.

Key Highlights

  • Great location on U.S. Rt. 50, a major thoroughfare.
  • 151,712 sq. ft. shopping center.
  • 1,400 sq.ft. retail space available.

Property Analytics

Current Use

Ollie's Bargain Outlet Discount Store

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Restaurant 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby
137k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 36% Groceries 25% Hotels & Casinos 1%
Food Lion Grocery Store Groceries
34,193 visits/mo 0.2 miles
McDonald's Dining
32,624 visits/mo 0.3 miles
Ollie's Bargain Outlet Shops & Services
23,124 visits/mo 0.1 miles
Dunkin' Donuts Dining
19,498 visits/mo 0.2 miles
Dollar Tree Shops & Services
10,551 visits/mo 0.1 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

$14.36 /SF/Yr
Avg Asking Price
$7–$20 /SF/Yr
Price Range
1,948 SF
Avg Space Size

This space is priced 16% below the average of $14.36 /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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Beaglin Park Plaza 13219-1325 Mt Hermon Rd, Salisbury, MD 21804
  • Coinstar Kiosk | Bitcoin ATM Food Lion, 232 Tilghman Rd, Salisbury, MD 21804
  • Salisbury Shopper's World 321 Tilghman Rd, Salisbury, MD 21804

Frequently Asked Questions

What type of property is this?
Shopping center - 1,400 sq. ft. retail space in shopping center.
Where is this shopping center located?
The property is located at 258 TILGHMAN Rd 252 Salisbury, MD.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Great location on U.S. Rt. 50, a major thoroughfare.; 151,712 sq. ft. shopping center.; 1,400 sq.ft. retail space available.
More about this property
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