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High-Visibility Retail/Warehouse Space Available
For Lease
$8 SF/Yr

413 N SALISBURY BOULEVARD, Salisbury, MD 21801

Large retail/warehouse building with phenomenal visibility on BUS Rt13.

Space SizeContact for details
Property Size10,608 SF
Days on Market224

Property Features for 413 N SALISBURY BOULEVARD

General Information

Standard status Active
Size 10,608 SF
Property subtype Retail

Building Details

Building Size 10,608 SF
Year Built 1940
Listing Agency: Keller Williams Realty Delmarva
Listed By: Charles L Campbell II · License #666527
Source: Barnesrealestatecompany
Added: Jan 29 Changed: Sep 8 Last Checked: Sep 10 at 7:37AM

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 Keller Williams Realty Delmarva

Investment Insights

Based on property information with market context.

This large retail and warehouse building offers phenomenal visibility on Business Route 13 in Salisbury, situated at a signalized intersection. There is a tentative plan to divide the building into two units. One unit, approximately 10,000 square feet, is suitable for a retail operation. The other unit, approximately 13,500 square feet, is ideal for warehouse use. The retail side, measuring about 50 feet by 100 feet, features two levels, high ceilings, a digital monument sign, and a paved parking lot accessible from Route 13 and Isabella Street. The warehouse side offers excellent facade signage opportunities and includes two loading docks, one of which is mostly blocked off. The current configuration of the warehouse includes a showroom-style open area on one side and a mezzanine/attic on the other. Depending on business needs, the mezzanine could be removed to open up the second loading dock, increasing the ceiling height to 20 feet throughout the warehouse. There is potential to subdivide the building into smaller spaces, but all offers will be evaluated to determine the best approach. The property's size, exposure on the busy highway, and current configuration make it a unique opportunity in Salisbury. The location has a bike score of 52, making it bikeable, and a walk score of 65, indicating it is somewhat walkable. The transit score is 16, suggesting minimal transit options.

Key Highlights

  • Phenomenal visibility on BUS Rt13 at a signalized intersection.
  • Large building suitable for retail (approx. 10,000 sqft) and warehouse (approx. 13,500 sqft) operations.
  • Retail side features high ceilings, a digital monument sign, and a paved parking lot.

Property Analytics

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Current Use

Outten Brothers of Salisbury Furniture & Home Goods

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Carpet & Flooring Store Daycare Center Furniture & Home Goods

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,768
Businesses Nearby

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
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Market

Lease Benchmarks for Salisbury, MD

$11.96 /SF/Yr
Avg Asking Price
$1.41–$22 /SF/Yr
Price Range
12,169 SF
Avg Space Size

This space is priced 33% below the average of $11.96 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Large retail/warehouse building with phenomenal visibility on BUS Rt13.
Where is this retail space located?
The property is located at 413 N SALISBURY BOULEVARD Salisbury, MD.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Phenomenal visibility on BUS Rt13 at a signalized intersection.; Large building suitable for retail (approx. 10,000 sqft) and warehouse (approx. 13,500 sqft) operations.; Retail side features **high ceilings**, a **digital monument sign**, and a paved parking lot.
More about this property
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