At Davis Strategic we are committed to building a stronger community by developing the built environment in harmony with our community. We envision a future where development grows with the environment while enhancing the quality of life for our community.
5 year NN Lease commenced 8/1/2026 with a potential termination clause for Buyers, opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018.
Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM. NOI is $41,700 and at full price is a 9.27% cap rate.
Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year.
Floor plan and Lease are in the documents tab.
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Listing Snapshot
Price
$450,000
Days On Site
62 Days
Bedrooms
N/A
Inside Area (SqFt)
4,012 sqft
Total Baths
7
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.92 Acres
Year Built
2002
MLS® Number
MDWC2023806
Status
Pending
Property Tax
$3,374
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
2 months ago
Status changed to Pending
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.92
Parking
Parking Lot
Parking Spaces
25
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
4012
Water Source
Public
Zoning
LI
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Heating
ElectricHeat Pump
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Exterior Features
Roof
Asphalt
Community Features
Accessibility Features
Accessible Hallway(s)
MLS Area
Wicomico Northeast (23-02)
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Schools
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of SVN/Miller Commercial Real Estate
