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Retail Space in Grocery-Anchored Center
For Lease
$10 SF/Yr

CAMBRIDGE, MD 21613, Cambridge, MD 21613

CommercialLease, CAMBRIDGE, MD

Space Size5,217 SF
Lot Size4.91 Acres
Days on Market717

Property Features

General Information

Property type Other
Property subtype Retail
Parking 225
Parking features Parking Lot
Elementary school district DORCHESTER COUNTY PUBLIC SCHOOLS
Middle school district DORCHESTER COUNTY PUBLIC SCHOOLS
High school district DORCHESTER COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 4.91 Acres

Utilities

Heating system Forced Air
Cooling system Heat Pump

Amenities

ample parking
flexible floor plans
updated exterior improvements

Building Details

Year built 2008
Number of units 4
Building materials Frame, Block
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Wesley Cox · License #574198
Added: Oct 25, 2024 Changed: Oct 8 Last Checked: Oct 11 at 8:06AM
MLS# MDDO2008428

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.

A 5,217 SF retail suite is available within Shoal Creek Center, a grocery-anchored shopping center. The center includes ALDI, Walgreens and Pizza Hut, with parking on site. The property was built in 2008 and has frame and block construction.

The center fronts U.S. Route 50 in Cambridge and extends along a highway block, with frontage at two signalized intersections. The route carries approximately 36,000 vehicles per day. The site encompasses 4.91 acres.

Key Highlights

  • 5,217 SF of retail space in Shoal Creek Center
  • Grocery‑anchored center with ALDI, Walgreens and Pizza Hut
  • Frontage on U.S. Route 50, with approximately 36,000 vehicles per day

Property Analytics

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Current Use

Retail space

Lease Details

36,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 21613, MD

17,967
Population
9,331
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
153.7 sq mi
ZIP Area
117
Density / Sq Mi
$53,171
Median Household Income
$38,078
Median Earnings
$965
Median Rent
$279,700
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 Cambridge, MD

$12.93 /SF/Yr
Avg Asking Price
$10–$16 /SF/Yr
Price Range
10,325 SF
Avg Space Size

This space is priced 23% below the average of $12.93 /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 - Retail space is available in a center with ALDI, Walgreens and Pizza Hut.
Where is this retail space located?
The property is located at Cambridge, MD.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 5,217 SF of retail space in Shoal Creek Center; Grocery‑anchored center with ALDI, Walgreens and Pizza Hut; Frontage on U.S. Route 50, with approximately 36,000 vehicles per day
More about this property
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