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

720 E COLLEGE Avenue, Salisbury, MD 21804

CommercialLease - SALISBURY, MD

Space SizeContact for details
Lot Size3.72 Acres
Days on Market561

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: Jun 9 Last Checked: Aug 21 at 1:06PM
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 currently set up in a traditional office configuration, with a reception area, conference space, and storage. The prior user was a surveying company, and the suite’s existing layout can support a range of professional or service-oriented operations while retaining a retail storefront presence.

Located at 720 E College Avenue in Salisbury, Maryland, the property is positioned within a shopping center environment. Public remarks indicate the location benefits from significant traffic counts and visibility, and the current tenant mix is described as diverse. The landlord will entertain multiple uses as long as the proposed use does not already exist within the shopping center.

Lease terms are described as NNN, with an estimated rate of $3.50 PSF. For prospective tenants and brokers, the suite’s combination of a retail address and office-ready interior makes it a practical fit for businesses seeking customer-facing space with dedicated reception and meeting capabilities, subject to the landlord’s use approval based on existing tenant categories.

Key Highlights

  • Highly desirable location with significant traffic and visibility.
  • Landlord will entertain multiple uses (subject to shopping center restrictions).
  • 1,600 sq ft retail space.

Property 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 Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store

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

283
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Groceries 34% Home Improvements & Furnishings 3%
Royal Farms Shops & Services
26,499 visits/mo 0.2 miles
Food Lion Grocery Store Groceries
21,020 visits/mo 0.3 miles
Family Dollar Shops & Services
8,056 visits/mo 0.4 miles
Shell Shops & Services
5,138 visits/mo 0.2 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,747 visits/mo 0.5 miles

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

$13.21 /SF/Yr
Avg Asking Price
$7–$22 /SF/Yr
Price Range
8,194 SF
Avg Space Size

This space is priced 17% below the average of $13.21 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Configured as traditional office with reception, conference, and storage within an active Salisbury shopping center.
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: Highly desirable location with significant traffic and visibility.; Landlord will entertain multiple uses (subject to shopping center restrictions).; 1,600 sq ft retail space.
More about this property
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