$1,990,000
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2020 Northwood Drive Salisbury, MD 21801 Municipality: Salisbury
Industrial
Residence
Beds
Baths
...
Bed/Bath
20,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Single tenant NNN Lease with strong credit tenant, Toroid. There are currently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increases every 5 years. There are no Landlord Responsibilities, as tenant maintains all structural and mechanical repairs. This hands-free w...ould be an ideal replacement property for a 1031 buyer. 20,000 SF of pristine flex (Warehouse/Office space is rare to find in the Eastern Shore Marketplace, especially one supported by a strong national credit tenant. In addition, this property is also located in an Enterprise Zone and is in exceptional shape .
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MLS#
MDWC2015442
Property Type
Industrial
Year Built
1996
Square Feet
20,000
sq. ft
Price per Sq. Ft.
$99.50
Sewer
Public Sewer
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