MD > Salisbury
Salisbury, MD 21801,2020 NORTHWOOD DR
Salisbury, MD 21801,2020 NORTHWOOD DR
Salisbury, MD 21801,2020 NORTHWOOD DR
Salisbury, MD 21801,2020 NORTHWOOD DR
Salisbury, MD 21801,2020 NORTHWOOD DR
Salisbury, MD 21801,2020 NORTHWOOD DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
22
Dec
Mon
23
Dec
Tue
24
Dec
Taj Simmons

Taj Simmons

+1(484) 794-3080
$ 1,990,000
Est. payment | /mo

20,000 SqFt

Save
$ 1,990,000
Est. payment | /mo
Save

20,000 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $99

MLS Listing ID MDWC2015442

Originating Board BRIGHT

Year Built 1996

Annual Tax Amount $27,327

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Description

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 would 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 .

Location

State MD

County Wicomico

Area Wicomico Northwest (23-01)

Zoning LI

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 40.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 40

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2309050779

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Matthew Trader • Rinnier Development Co
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(484) 794-3080

taj.simmons@exprealty.com

4 Park Plaza Suite 200B, WYOMISSING, Pennsylvania, 19610, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

2020 NORTHWOOD DR