marvel road salisbury,md...property 840 +/- sq. ft. office/retail located on marvel road in...

9
www.svnmiller.com/ Offering Highlights $94,500 For Sale Brent C. Miller, CCIM, CPM Managing Director / Senior Advisor 410.543.2440 x 101 [email protected] 840 +/- sq. ft. Office/Retail Located in the Northwood Industrial District Close to Route 13 and Route 50 By-pass Currently Leased Marvel Road | Salisbury,MD

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Page 1: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

www.svnmiller.com/

Offering Highlights

$94,500For Sale

Brent C. Miller, CCIM, CPMManaging Director / Senior Advisor410.543.2440 x [email protected]

840 +/- sq. ft. Office/Retail

Located in the Northwood Industrial District

Close to Route 13 and Route 50 By-pass

Currently Leased

Marvel Road | Salisbury,MD

Page 2: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased.

Location Northwood Industrial District in Salisbury, MD, which is located between Business Rt. 13 and the Rt. 50by-pass. Salisbury is the hub of the Eastern Shore and the Delmarva Peninsula.

For Sale

Marvel Road

Presented by

Property Overview

Sale Overview

2www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

405 Marvel Road • Salisbury, MD 21801

Sale Price $94,500

Building Size 840 SF

Building Class C

Year Built 1979

Zoning Light Industrial

Market Eastern Maryland/Delaware

Sub Market Salisbury

Cross Streets Marvel Road

[email protected]

BRENT C. MILLER, CCIM, CPM

410.543.2440 x 101

Office

Page 3: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

UnitNumber

UnitSize (SF)

TenantName

LeaseStart

LeaseEnd

AnnualRent

% ofBuilding

PricePer/SF/YR

405 840 Mobile Mower Repair 05/01/2010 $8,333 100.0 $9.92

840 $8,333 $9.92

405 Marvel Road | Salisbury, MD 21801 For Sale | $94,500

>>>>>>> Enter Notes or Comments

Marvel Road

3www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Rent Roll

Page 4: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

4www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Marvel Road Additional Photos

Page 5: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

Marvel Road Aerial

5www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Page 6: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

Marvel Road

Property Map

Property Map

6www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Page 7: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

Marvel Road

7www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Location Maps

Page 8: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

8www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Marvel Road

Brent C. Miller, CCIM, CPMManaging Director / Senior AdvisorSperry Van Ness - Miller Commercial Real Estate

Advisor Bio & Contact

Brent C. Miller, CCIM, CPM serves as Managing Director and Senior

Advisor for Sperry Van Ness - Miller Commercial Real Estate with

offices in Salisbury, Annapolis, Bethesda, Hagerstown, Maryland and

Rehoboth/Lewes Seaford, and Wilmington Delaware. Miller

specializes in the sale, lease and management of retail, office and

industrial property. His primary market is the Delmarva Peninsula,

Chesapeake Bay east to the Atlantic Ocean. With more than 23

years of commercial real estate experience, Miller has closed more

than 750 transactions resulting in a career brokerage volume in

excess of $150 million.

Prior to joining Sperry Van Ness, Miller gained experience as an

Associate Broker for Long and Foster Commercial where he

specialized in commercial sales and leasing. While at Long and

Foster, Miller was recognized with the Top Producer award multiple

times.

Brent Miller is a member of the Greater Salisbury Committee,

Wicomico County Rotary Club and serves on the Salisbury-Ocean

City Wicomico Regional Airport Commission. Miller also serves as

member of the Board of Directors for Shore Bank.

Miller holds the prestigious Certified Commercial Investment

Member designation (CCIM), is a Certified Property Manager (CPM)

and is also involved with the International Council of Shopping

Centers (ICSC). In addition to his experience with office and

industrial transactions, Miller brings special experience in medical

properties, shopping centers and NNN retail properties.

Brent C. Miller, CCIM, CPM

Managing Director / Senior Advisor

Phone: 410.543.2440 x 101

Email: [email protected]

Fax: 410.543.1439

Address: 206 E. Main Street

Salisbury, MD 21801

Page 9: Marvel Road Salisbury,MD...Property 840 +/- sq. ft. office/retail located on Marvel Road in Salisbury, MD. Building is currently leased. Location Northwood Industrial District in Salisbury,

The material contained in this Investment Offering Brochureis furnished solely for the purpose of considering thepurchase of the property within and is not to be used forany other purpose. This information should not, under anycircumstances, be photocopied or disclosed to any thirdparty without the written consent of Sperry Van Ness orOwner, or used for any purpose whatsoever other than toevaluate the possible purchase of the Property.

The only party authorized to represent the Property Owner(“Owner”) in connection with the sale of the Property is theSperry Van Ness Advisor listed in this proposal, and noother person is authorized by the Owner to provide anyinformation or to make any representations other thancontained in this Investment Offering Brochure. If theperson receiving these materials does not choose to pursuea purchase of the Property, this Offering Brochure must bereturned to Sperry Van Ness.

Neither the Sperry Van Ness Advisor nor the Owner makeany representation or warranty, express or implied, as tothe accuracy or completeness of the information containedherein, and nothing contained herein is or shall be reliedupon as a promise or representation as to the futureperformance of the Property. This Offering Brochure mayinclude certain statements and estimates by Sperry VanNess with respect to the projected future performance ofthe Property. These Assumptions may or may not be provento be correct, and there can be no assurance that suchestimates will be achieved. Further, the Sperry Van NessAdvisor and the Owner disclaim any and all liability forrepresentations or warranties, expressed or implied,contained in or omitted from this Investment OfferingBrochure, or any other written or oral communicationtransmitted or made available to the recipient. Therecipient shall be entitled to rely solely on thoserepresentations

9www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

Marvel Road

and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreementbetween it and Owner.

The information contained herein is subject to changewithout notice and the recipient of these materials shall notlook to Owner or the Sperry Van Ness Advisor, nor any oftheir officers, employees, representatives, independentcontractors or affiliates, for the accuracy or completenessthereof. Recipients of this Investment Offering Brochure areadvised and encouraged to conduct their owncomprehensive review and analysis of the Property.

This Investment Offering Brochure is a solicitation ofinterest only and is not an offer to sell the Property. TheOwner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase theProperty and expressly reserves the right, at its solediscretion, to terminate negotiations with any entity, for anyreason, at any time with or without notice. The Owner shallhave no legal commitment or obligation to any entityreviewing the Investment Offering Brochure or making anoffer to purchase the Property unless and until the Ownerexecutes and delivers a signed Real Estate PurchaseAgreement on terms acceptable to Owner, in Owner’s solediscretion. By submitting an offer, a prospective purchaserwill be deemed to have acknowledged the foregoing andagreed to release the Owner and the Sperry Van NessAdvisor from any liability with respect thereto.

To the extent Owner or any agent of Owner correspondswith any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statementsas binding Owner. Only a fully executed Real EstatePurchase Agreement shall bind the property and eachprospective purchaser proceeds at its own risk.

Disclaimer | Confidentiality