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Commercial Space in Salisbury, MD
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224 Phillip Morris Dr, Salisbury, MD 21804

Commercial space for rent with customizable floor plans and parking.

Space Size10,500 SF - 31,450 SF
Property Size66,950 SF
Days on Market2020

Property Features for 224 Phillip Morris Dr

General Information

Standard status Active
Size 10,500 SF - 31,450 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 66,950 SF
Tenancy Multiple

Spaces For Lease

at 224 Phillip Morris Dr Contact us

Bldg A

Size
10,500 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Bldg B

Size
31,450 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Bldg C

Size
25,000 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: Feb 8, 2021 Changed: Aug 8 Last Checked: Aug 19 at 1:37AM

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 SVN | Miller Commercial Real Estate Salisbury

Investment Insights

Based on property information with market context.

Commercial space is available for rent at 224 Phillip Morris Dr in Salisbury, MD. This to-be-built development features three buildings that can be tailored to meet various business needs. Building A offers 10,500 square feet, Building B provides 31,450 square feet, and Building C includes 25,000 square feet. The property's LBI zoning allows for a multitude of uses. The space features customizable floor plans, abundant parking, and convenient access to the Route 50 bypass.

Key Highlights

  • Prime commercial space in Salisbury, MD.
  • Customizable floor plans to meet specific business needs.
  • Convenient access to Route 50 bypass.

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
$3.23 /SF/Yr
CAM

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Commercial space for rent with customizable floor plans and parking.
Where is this office building located?
The property is located at 224 Phillip Morris Dr Salisbury, MD.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Prime commercial space in Salisbury, MD.; Customizable floor plans to meet specific business needs.; Convenient access to Route 50 bypass.
(410) 543-2440 Call to check price and availability
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