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Retail Space with Office Configuration
For Lease
$1,467/Mo NNN

720 E COLLEGE Avenue, Salisbury, MD 21804

CommercialLease, SALISBURY, MD

Space Size1,600 SF
Lot Size3.72 Acres
Days on Market607

Property Features for 720 E COLLEGE Avenue

General Information

Property type Other
Property subtype Retail
Parking 85
Parking features Parking Lot
Elementary school district WICOMICO COUNTY PUBLIC SCHOOLS
Middle school district WICOMICO COUNTY PUBLIC SCHOOLS
High school district WICOMICO COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 3.72 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 1992
Number of units 15
Building materials Combination
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Andrew Ball · License #36569
Added: Feb 6, 2025 Changed: Sep 1 Last Checked: Oct 6 at 1:06AM
MLS# MDWC2016448

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,600 sq ft retail space is configured with traditional office improvements, including reception, conference, and storage areas. The property previously accommodated a surveying company and offers a commercial layout that can support multiple uses, subject to the condition that a proposed use does not duplicate an existing shopping center occupant.

The site is in Salisbury, MD, within a shopping center featuring a diverse tenant mix. On-site parking is provided through a parking lot. Built in 1992, the property has heat pump heating and cooling systems. Lease terms are structured as NNN, with the landlord considering uses based on tenant mix compatibility.

Key Highlights

  • 1,600 sq ft retail space with reception, conference, and storage areas
  • Traditional office configuration within a retail setting
  • Landlord will consider multiple uses subject to existing shopping center occupancy

Property Analytics

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Open Analytics

Current Use

Hampshire Hampshire & Andrews Land Surveyor A Plus Driving School Training Center Benjamins Wear It ... Discount Store First-Hand Salon Solutions ... Image Consultant Pampered Feet Reflexology Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

283
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salisbury, MD

$12.48 /SF/Yr
Avg Asking Price
$1.41–$22 /SF/Yr
Price Range
10,963 SF
Avg Space Size

This space is priced 12% below the average of $12.48 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Existing reception, conference, and storage areas provide a practical layout for commercial occupancy.
Where is this retail space located?
The property is located at 720 E COLLEGE Avenue Salisbury, MD.
What is the lease rate?
The lease rate is $1,467/Mo.
What are key features of this property?
This property features: 1,600 sq ft retail space with reception, conference, and storage areas; Traditional office configuration within a retail setting; Landlord will consider multiple uses subject to existing shopping center occupancy
More about this property
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