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SALISBURY Maryland Real Estate Properties For Sale

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1770-1774 WESTWOOD DRIVE, SALISBURY, Maryland
MLS #: MDWC2007040
0 Bedrooms
0 Bathrooms
0 Half Bathroom
Dwelling Type: Industrial
Area: Wicomico Northwest (23-01)
Status:
Year Built: 2008

Price: $4,600,000

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Two Net Leased Industrial / Flex Buildings with national credit tenants. High Visibility Highway Fronting Location in planned business park. 31,600 SF of excellent condition buildings 100% occupied. Sherwin Williams Flooring Sales and Distribution Center and Capital Electric (a subsidiary of Paris based Sonepar) have been in place since 2008. Located in the 250 + acre Westwood Commerce Park - a designated Maryland Enterprise Zone. Sherwin space spans 16,600 SF with 3,000 SF of office, and 13,600 SF of warehouse. Capital space spans 15,000 SF with 3,500 SF of office, 6,500 SF of showroom, and 5,000 SF of warehouse. Ceiling heights are 24' at the eves and 28' at the ridge. Property fronts Route 50, the major east/west corridor in Maryland. Landlord maintains the roof and structure. Refer to rent roll in this package for income information. Adjacent Parcel is slated for new construction of a 33,000 SF industrial shell. Note - These improvements are structured as a condominium regime allowing maximum flexibility. The adjacent Lot B3 is part of the regime. and will share in common area expenses (grass, snow, etc.) - additional details available from Listing Advisor


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Property Details

Address: 1770-1774 WESTWOOD DRIVE SALISBURY ,
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MLS#: MDWC2007040
MLS Area: Wicomico Northwest (23-01)
Property Sub-Type: Industrial
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Year Built: 2008
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List Price: $4,600,000
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Annual St/Cnty Tax: $13,864
Annual City Tax: $15,029
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LA: John McClellan
Listing Office: SVN/Miller Commercial Real Estate
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Location Map

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All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction.

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