new retail space - waterside village€¦ · 28414 marlboro ave, easton, md 21601 new retail space...

Council Chair Of Industrial [email protected]

HENRY HANNA, CCIM, SIOR

Senior [email protected]

WESLEY COX, CCIM

PROPERTY HIGHLIGHTS

Phenomenal Well-known Location

Many Amenities including dinning & shopping

Ample Parking

Excellent Customer Traffic Volume

Great Access at Major Intersection

Free-Standing Visibility

PRESENTED BY:

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

All SVN® 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.

FOR LEASE | RETAIL

NEW RETAIL SPACE - WATERSIDE VILLAGE28414 Marlboro Ave | Easton, MD 21601

LEASE OVERVIEW PROPERTY DESCRIPTION

Brand new free-standing retail or office space ready to be occupied withinWaterside Village, a 176-acre development in Easton, Maryland. The subjectspace are the two (2) outbuildings in front of the new BJ's Wholesale. Be partof this iconic property in Talbot County and join many others such as HarrisTeeter, Target, Chick-Fil-A, PetSmart and many more.

Amenities include ample parking, convenient places for lunch & dinner suchas Chick-Fil-A, Chili's, and Jimmy John's, and places for your own personalshopping such as BJ's Wholesale, Target, Harris Teeter, and Dick's SportingGoods.

AVAILABLE SF: 2,500 - 5,000 SF

LEASE RATE:$12.00 - 18.00 SF/Yr(Modified Nets Capped;NNN)

LOT SIZE: 0 SF

BUILDING SIZE: 7,500 SF

YEAR BUILT: 2016

MARKET: Talbot County,Maryland

CROSS STREETS: Easton Parkway &Marlboro Ave

28414 Marlboro Ave, Easton, MD 21601

NEW RETAIL SPACE - WATERSIDE VILLAGE

FOR LEASE | RETAIL


WESLEY COX, CCIM




svnmiller.com


WESLEY COX, CCIM




svnmiller.com

Lease Rate: $12.00 - 18.00 SF/YR (MODIFIED NETS CAPPED; NNN)

Lease Type: Modified Nets Capped; NNN

Total Space 2,500 - 5,000 SF

Lease Term:

SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS

28414 Marlboro Avenue Free Standing Building $12.00 SF/YR Modified Nets Capped 2,500 - 5,000 SF 60 months

28412 Marlboro Avenue Free Standing Building $18.00 SF/YR NNN 2,500 SF 60 months



FOR LEASE | RETAIL



FOR LEASE | RETAIL


WESLEY COX, CCIM




svnmiller.com


WESLEY COX, CCIM




svnmiller.com

* Demographic data derived from 2010 US Census

3 MILES 5 MILES 10 MILES

Total households 6,323 9,341 16,358

Total persons per hh 2.3 2.4 2.4

Average hh income $72,467 $80,395 $88,402

Average house value $361,593 $361,934 $446,519

3 MILES 5 MILES 10 MILES

Total population 14,801 22,451 39,966

Median age 42.2 43.7 45.5

Median age (male) 38.4 41.2 44.0

Median age (female) 44.9 45.5 46.4



FOR LEASE | RETAIL

Talbot County, on Maryland’s Eastern Shore, is proximate to the Annapolis/Baltimore/Washington, D.C. corridor. The County offers 600 miles of waterfront on the Chesapeake Bay, and five historic towns: Easton, Oxford, Queen Anne, St. Michaels and Trappe. Easton, the county seat, is the regional hub for commercial, financial, cultural and medical activity. The economy is defined by agriculture, manufacturing, professional and healthcare services, information technologies and environmental sciences. Real estate is the leading revenue generator, followed by business services and healthcare. Tourism also provides a significant economic contribution.

Talbot County offers a strategic location for small technology-based businesses with a nationally recognized general aviation airport, well maintained infrastructure and access to 90 federal labs and facilities. Economic assets include the Cooperative Oxford Laboratory which shares facilities with NOAA National

Center for Coastal Ocean Science (NCCOS), the U.S. Coast Guard and the Maryland Department of Natural Resources; the Paul S. Sarbanes Ecosystem Restoration Project at Poplar Island; and the Calhoon MEBA Engineering School. Recent projects include completion of a new headquarters for Quality Health Strategies and an expansion of Aphena Pharma Solutions. The Office of Economic Development is interested in assisting you and your business with retention, relocation and expansion projects.

Washington, DC

New York

EastonWashington, DC

Baltimore

Talbot County is located east of Washington, D.C. on the Delmarva Peninsula, and is surrounded by over 600 miles of shoreline.

LOCATIONDriving distance from Easton: Miles Kilometers

Atlanta, Georgia 687 1,105Baltimore, Maryland 59 95Boston, Massachusetts 408 657Chicago, Illinois 744 1,197New York, New York 197 318Philadelphia, Pennsylvania 109 175Pittsburgh, Pennsylvania 281 451Richmond, Virginia 168 271Washington, DC 71 114

CLIMATE AND GEOGRAPHY1

Yearly Precipitation (inches) 46.8Yearly Snowfall (inches) 14.7Summer Temperature (ºF) 76.7Winter Temperature (ºF) 38.4Days Below Freezing 67.1Land Area (square miles) 258.6Water Area (square miles) 67.7Shoreline (miles) 605Elevation (feet) sea level to 78

POPULATION2,3

Talbot County Upper Households Population Eastern Shore* Maryland

2000 14,307 33,812 199,406 5,296,4862010 16,157 37,782 224,771 5,773,5522020** 18,000 40,850 241,700 6,224,550

*Caroline, Cecil, Dorchester, Kent and Talbot counties**Projections

Selected places population (2010): Easton 15,945; Trappe 1,077; St. Michaels 1,029; Tilghman Island 784; Oxford 651

POPULATION DISTRIBUTION2,3 (2013)

Age Number Percent

Under 5 1,762 4.65 - 19 6,029 15.920 - 44 9,335 24.645 - 64 10,959 28.965 and over 9,846 26.0Total 37,931 100.0Median age (2011-2013) 48.8 years

Brief Economic FactsTA L B O T C O U N T Y, M A R Y L A N D

Maryland Department of Business & Economic Development

1.888.ChooseMD | www.ChooseMaryland.org2015

LABOR AVAILABILITY3,4,5 (BY PLACE OF RESIDENCE) Labor Mkt.Civilian Labor Force (2014 avg. - prelim.) County Area*

Total civilian labor force 18,369 78,691 Employment 17,277 73,714 Unemployment 1,092 4,977 Unemployment rate 5.9% 6.3%Residents commuting outside the Number Percentcounty to work (2011-2013) 4,488 25.8%Employment in selected occupations (2011-2013) Management, business, science and arts 6,622 37.5% Service 3,830 21.7% Sales and office 3,984 22.5% Production, transp. and material moving 1,406 8.0%* Talbot, Caroline, Dorchester and Queen Anne’s counties

MAJOR EMPLOYERS6,7 (2014)

Employer Product/Service Employment

University of Maryland Shore Medical Center at Easton

Medical services 1,641

Allen Harim Foods Poultry processing 408Genesis HealthCare / The Pines

Nursing care 250

William Hill Manor Nursing care 220Walmart Consumer goods 205Quality Health Strategies Health care improvement 180Shore Bancshares Financial holding company 177Chesapeake Building Components

Component building products

156

Target Consumer goods 150Wildlife International Environmental testing 150Chesapeake Publishing Newspaper publishing 135Inn at Perry Cabin by Belmond

Restaurant and lodging 134

Lowe’s Home improvement prods. 134Giant Food Groceries 127Chesapeake Center Services for the disabled 125United Parcel Service (UPS) Mail and package delivery 122Aphena Pharma Solutions Pharmaceutical packaging 120McDonald's Restaurants 119Acme Markets Groceries 116YMCA of Talbot County Recreation, sports centers 115Comfort Keepers Home health care services 99Harbourtowne Golf resort, restaurant and

conference center89

CareFirst Health insurance 88Excludes post offices, state and local governments

EMPLOYMENT4 (2013, BY PLACE OF WORK)

Estab- Annual Avg. Emp. Avg. Wkly.Industry lishments Empl. % Wage

Federal government 16 218 1.2 $1,111State government 8 236 1.3 795Local government 19 1,403 7.6 892Private sector 1,581 16,512 89.9 720 Natural resources and 18 81 0.4 665 mining Construction 199 872 4.7 841 Manufacturing 34 983 5.4 731 Trade, transportation 334 3,388 18.4 578 and utilities Information 12 193 1.1 851 Financial activities 139 842 4.6 1,190 Professional and business 274 2,594 14.1 904 services Education and health 173 3,876 21.1 878 services Leisure and hospitality 172 2,894 15.8 360 Other services 225 789 4.3 593Total 1,624 18,369 100.0 739 Includes civilian employment only

HOURLY WAGE RATES4 (2014)

Selected Occupations Median Entry Experienced

Accountants $31.75 $19.25 $40.75Bookkeeping/accounting clerks 17.75 13.00 21.25Computer support specialists 19.75 13.75 23.75Computer systems analysts 42.50 22.75 49.25Customer service representatives 13.50 9.00 17.25Electronics engineering technicians 33.00 27.00 37.00Freight, stock and material 12.50 9.00 14.75movers, hand Industrial truck operators 13.25 10.50 15.75Inspectors, testers, sorters 15.00 10.75 18.75Machinists 22.75 15.25 36.50Maintenance workers, machinery 17.25 14.25 19.25Mixing and blending machine 16.25 11.00 17.75operators Network administrators 33.25 24.25 38.75Packers and packagers, hand 10.75 10.25 11.50Secretaries 15.50 11.00 18.25Shipping/receiving clerks 14.75 11.50 17.25Team assemblers 14.25 11.75 17.25Wages are an estimate of what workers might expect to receive on the Upper Eastern Shore (Caroline, Dorchester, Kent, Queen Anne’s and Talbot counties) and may vary by industry, employer and locality

TA L B O T C O U N T Y, M A R Y L A N DBrief Economic Facts

SCHOOLS AND COLLEGES3,8 Educational Attainment - age 25 & over (2011-2013)

High school graduate or higher 89.4% Bachelor’s degree or higher 32.9%Public Schools Number: 5 elementary; 1 middle/combined, 2 high Enrollment: 4,630 (Sept. 2014) Cost per pupil: $11,855 (2012-2013) Students per teacher: 14.0 (Oct. 2013) High school career / tech enrollment: 702 (2014) High school graduates: 342 (July 2013)Talbot County Public Schools provides a laptop computer to every high school studentNonpublic Schools Number: 11 (Sept. 2013)Higher Education (2014) Enrollment Degrees

2-year institution Chesapeake College* 2,428 282Several major universities are located in the region, including Salisbury University, University of Maryland Eastern Shore and Washington College.* Located in adjacent Queen Anne’s County; coursework is offered at the

Center for Allied Health in Easton and other locations in the region.

TAX RATES9

Talbot Co. Maryland

Corporate Income Tax (2015) none 8.25% Base – federal taxable income

Personal Income Tax (2015) 2.40% 2.0%-5.75% * Base – federal adjusted gross income

*Graduated rate peaking at 5.75% on taxable income over $300,000

Sales & Use Tax (2015) none 6.0% Exempt – sales for resale; manufacturer’s purchase of raw materials;

manufacturing machinery and equipment; purchases of materials and equipment used in R&D and testing of finished products; purchases of computer programs for reproduction or incorporation into another computer program for resale

Real Property Tax (FY 15) $0.527 $0.112 Effective rate per $100 of assessed value In an incorporated area, the county rate will vary and a municipal

rate will also apply

Business Personal Property Tax (FY 15) none none No county personal property tax on ordinary business property $1.3175/$100 applicable to utility operating property only In an incorporated area, a municipal rate may apply

Major Tax Credits Available Job Creation, R&D, Biotechnology and Cybersecurity Investment, Environmental Businesses

BUSINESS AND INDUSTRIAL PROPERTY6

Talbot County offers seven business parks and five major commercial shopping centers. All major commercial and industrial parks are located in the town of Easton. Easton Utilities provides for water and sewer capacity, redundant high-speed internet, cable, electric and natural gas. The business parks are immediately accessible to U.S. Route 50 with links to Routes 301 and 13 for north/south transport and I-97 and I-95 for access to Mid-Atlantic markets. The Easton Technology Center is located adjacent to the Easton Airport and offers Class A office space on two- to three-acre sites with bundled parcels available up to 60 acres. Trappe, located on U.S. Route 50 in the southern area of the county, is poised for commercial infill and industrial development. Recent activity includes a 40,000 sf headquarter facility for Quality Health Strategies and a 10,000 sf expansion for Aphena Pharma Solutions.

Market Profile Data (2014) Low High Average

Land – cost per acre Industrial $80,000 $180,000 $150,000 Office $40,000 $500,000 * $200,000*With frontage on U.S. 50

Rental Rates – per square foot Warehouse / Industrial $5.00 $10.00 $7.50 Flex / R&D / Technology $6.00 $10.00 $8.00 Class A Office $10.00 $20.00 $15.00

HOUSING2,3,10 Occupied Units (2011-2013) 16,336 (69.2% owner occupied) MedianHousing Transactions (2013) Units Selling Price

All arms-length transactions 468 $281,000 All multiple-listed properties* 512 $288,000*Excludes auctions and FSBO

INCOME3 (2011-2013)

Percent HouseholdsDistribution Talbot Co. Maryland U.S.

Under $25,000 20.7 16.1 23.9$25,000 - $49,999 22.2 18.1 24.0$50,000 - $74,999 18.8 17.4 17.9$75,000 - $99,999 12.3 13.3 11.9$100,000 - $149,999 14.3 18.0 12.7$150,000 - $199,999 4.9 8.5 4.8$200,000 and over 6.8 8.6 4.8Median household $58,618 $72,345 $52,176Average household $84,103 $94,841 $72,897Per capita $36,822 $35,837 $27,884Total income (millions) $1,374 $203,854 $8,436,477


TRANSPORTATIONHighways: U.S. 50.Rail: Rail sidings are not currently available in Talbot County; however, the Maryland & Delaware Railroad operates feeder lines out of Centreville and Federalsburg which connect to Norfolk Southern in DelawareTruck: 109 local and long-distance trucking establishments are located on the Upper Eastern Shore Water: Served by the Port of Baltimore, 50’ channel; a leading U.S. automobile and break-bulk port; the Mid-Shore region is also served by the Port of Seaford, Delaware on the Nanticoke River with barge off-loading capabilities for grain and aggregate Air: Served by Baltimore/Washington International Thurgood Marshall Airport (BWI) and Ronald Reagan Washington National Airport; Easton Airport offers charter service to Washington, D.C. and Baltimore, shuttle service to BWI and Amtrak, general aviation services (4000’ and 5500’ runways); state-of-the-art fueling system and recently completed control tower are part of a $15 million improvement project

RECREATION AND CULTURERecreation: Talbot County Community Center provides sports fields, indoor ball court, and a professional size ice rink and curling rink for hockey and figure skating with meeting rooms for events; the county maintains the Hog Neck Golf Course, rated among the top 25 public courses in the country, and 27 public boat ramps and marine slips; YMCA Of Chesapeake offers two Olympic size pools, tennis courts, ball fields, racquet ball and squash courts, rock climbing and fitness training Water Activities: Four navigable river systems attract competitive and leisure sailors and boaters from throughout the Mid-Atlantic region; Tred Avon and Miles River Yacht Clubs provide transient dockage and fuel along with several privately held marinas and boat yards; the county is home to a working oyster fleet of skipjacks and crabbers and the renowned log canoe racing sailboats Golf: Easton Club, Talbot Country Club, Harbourtowne Golf Resort with Pete Dye design and Hog Neck Golf Course Cultural and Historical: Historic Avalon Theatre in Easton provides year-round entertainment and runs the Plein Air Festival each July; Academy Art Museum houses impressive collections; Chesapeake Bay Maritime Museum in St. Michaels hosts exhibits on Chesapeake Bay maritime heritage; Tilghman Watermen’s Museum preserves the stories and work of local waterman; and the Rural Life Museum of Trappe celebrates homes, farms and industry of the area Events: Annual Waterfowl Festival, held the second weekend in November, enjoys an international reputation as an exhibitor of waterfowl artwork while supporting conservation investment; Tilghman Island Day celebrates the heritage of the area’s watermen; Chesapeake Bay Maritime Museum hosts several festivals including the Small Craft and Wooden Boat Festivals and the OysterFest; Chesapeake Chamber Festival offers chamber music venues in and around Easton on Maryland’s beautiful Eastern Shore

GOVERNMENT11

County Seat: EastonGovernment: Five county council members elected at large for four-year terms; charter form of government allows for the separation of the executive from the legislative branch; lawmaking powers are vested in an elected legislative body Corey W. Pack, President, County Council 410.770.8001 R. Andrew Hollis, County Manager 410.770.8010Website: www.talbotcountymd.govCounty Bond Rating: Aa2 (Moody’s); AAA (Fitch)Talbot County Office of Economic Development Paige R. Bethke, Director 215 Bay Street, Suite 5 Easton, Maryland 21601 Telephone: 410.770.8058 Email: [email protected] www.talbotcountymd.gov

Sources: 1 National Oceanic and Atmospheric Administration (1981-2010 normals);

Maryland Geological Survey 2 Maryland Department of Planning 3 U.S. Bureau of the Census 4 Maryland Department of Labor, Licensing and Regulation, Office of Workforce

Information and Performance5 U.S. Bureau of Labor Statistics6 Talbot County Office of Economic Development7 Maryland Department of Business and Economic Development8 Maryland State Department of Education; Maryland Higher Education

Commission9 Maryland State Department of Assessments and Taxation; Comptroller of the

Treasury10 Maryland Association of Realtors 11 Maryland State Archives; Maryland Association of Counties

UTILITIESElectricity: Delmarva Power (Pepco), Choptank Electric Cooperative, and Easton Utilities Commission; customers of investor-owned utilities and major cooperatives may choose their electric supplierGas: Natural gas is supplied by Eastern Shore Natural Gas/Chesapeake Utilities to the Town of EastonWater: Municipal systems in Easton, Oxford, St. Michaels and Trappe; the remainder of the county’s water needs are supplied by wells fed by deep aquifersSewer: Municipal systems serve Easton, Oxford and Trappe; county serves St. Michaels and TilghmanTelecommunications: Verizon Maryland is the largest provider of communications services; Easton Utilities Commission provides triple redundant high-speed FTTP and cable to the Town of Easton; Comcast is a cable provider in the region; Maryland Broadband Cooperative PoP located in Easton


The World Trade Center Baltimore • 401 E. Pratt Street • Baltimore, MD 21202Telephone: 410.767.6300 • TDD/TTY: 410-333.6926

1.888.ChooseMD • www.ChooseMaryland.org



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WESLEY COX, CCIM




svnmiller.com

Wesley Cox, CCIMSenior AdvisorSVN | Miller Commercial Real Estate

Wesley Cox, CCIM serves as a Senior Advisor for Sperry VanNess-Miller Commercial Real Estate, specializing in the sale andleasing of investment property, industrial, retail, office, and land ineastern Maryland and southern Delaware. Wesley has secured over200 transactions and participated in over $175 million in volume in thepast 12 years.

In 2014 Wesley recently received the Young Alumni AchievementAward from Salisbury University which is awarded to an Alum whohas experienced a high level of achievement and was last given out in2009. Wesley also received the Sperry Van Ness NationalHumanitarian Award at the SVN national conference in 2013, followedby the Maryland Association of Realtor's 2014 Community ServiceAward. In 2013 & 2014 Wesley also received the National Associationof Realtor's Commercial Award. In addition Wesley was awarded theRotarian of the Year of his local club.

Wesley has been involved in over 1,000,000 SF of industrial salesrepresenting national and international companies. Wesley has alsoworked with many national retailers to secure new locations includingAT&T, Auto Zone, Harbor Freight Tools, Uno Chicago Grill, HamptonInn, and more.

Wesley is the Past-President for the Salisbury Area Chamber ofCommerce Foundation, serves on the board of directors for theSalisbury University Perdue School of Business Career AdvisoryBoard, the Coastal Association of Realtor's, and the Wicomico RotaryClub. He has been the the author of a newspaper column and hasbeen featured in the CCIM Real Estate magazine.

Wesley earned the coveted CCIM designation after only 3 years in thebusiness of which only 5% of Realtor's have, and is a member of theInternational Counsel of Shopping Centers (ICSC). He received a B.S. inBusiness Administration and a second B.S. in M.I.S from SalisburyUniversity.

View Wes' 5 for Friday feature on the SVNIC Blog here:http://www.svn.com/2013/04/05/five-for-friday-with-wesley-cox-of-sperry-van-nessmiller-commercial-real-estate/

Phone: 410.543.2421

Email: [email protected]

Memberships & Affiliations

CCIM, ICSC, Coastal Association of Realtors, SussexCounty Association of Realtors, Wicomico RotaryClub, Salisbury University Perdue School of BusinessCareer Advisory Board, Chamber of CommerceFoundation, Chamber of Commerce YoungProfessionals Lower Shore Red Cross, SalisburyChristian School assistant soccer coach, WestSalisbury Little League assistant coach

Fax: 410.543.1439

Cell: 410.251.6408

Address: 206 E. Main Street

Salisbury, MD 21801

Henry Hanna, CCIM, SIOR



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WESLEY COX, CCIM




svnmiller.com

Council Chair of Industrial Properties

Henry H. Hanna, III, CCIM, SIOR, serves as the National Council Chairof Industrial Properties and is a Senior Advisor for SVN MillerCommercial Real Estate. He specializes in the marketing and sale ofindustrial and commercial properties. Hanna has successfullyrepresented banks, developers, investors, and commercial andindustrial companies as well as local and state governments. He hasbrokered industrial sales including the Northwood Industrial Park inSalisbury, Maryland; has worked with national and internationalcompanies (from Germany, Italy, and Belgium); has listed, marketed,and sold a variety of pharmaceutical, defense, hi-tech,manufacturing, modular home, and boatbuilding companies. He hasalso actively worked with the State of Maryland, the Department ofBusiness and Economic Development, and MEDCO—the MarylandEconomic Development Corporation.

Hanna holds the prestigious Society of Industrial and Office Realtorsdesignation (SIOR) and the Certified Commercial Investment Member(CCIM) designation.

Hanna currently serves as director for WIRA (Wallops Island RegionalAlliance) supporting economic development for industries servingNASA, the Aerospace and Unmanned Aerial Vehicles. (UAV).

He served as past chair for the Salisbury University (SU) Foundationand SU Real Estate Foundation, where he volunteers regularly andprovides his expertise and advice on real estate matters.

Notable career highlights for Hanna include representing industrialcompanies such as Solo Cup, Helvoet Pharma, Trinity Sterile, BaylinerMarine, Silverton Marine, Kraft Foods, ES Steel, Choptank Electric, 84Lumber, Koski Trucking, Eastern Shore Forest Products, InterstateContainer, Canada Dry, Norfolk Southern Railroad, Allen Harim,Newmill Capital, the Maryland Department of Commerce and theMaryland Department of Economic Development (MEDCO) and manyothers. On a retail level, Henry has represented owners anddevelopers as a broker for national retail companies, includingWalgreens, CVS, Rite Aid, Wawa, 7-Eleven, and Sheetz, as well asmany banks.

Hanna earned a master’s of business administration from SouthernIllinois University, in addition to a Bachelor of Arts in government andforeign affairs from the University of Virginia.

SVN | Miller Commercial Real Estate

Phone: 410.543.2420

Email: [email protected]

Fax: 410.543.1439

Cell: 410.430.2187

Address: 206 E. Main Street

Salisbury, MD 21801

NEW RETAIL SPACE - WATERSIDE VILLAGE | 7,500 SF | EASTON, MD

DISCLAIMER


The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion ofthe property within and is not to be used for any other purpose. This information should not, under any circumstances,be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner(“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.

The only party authorized to represent the Owner in connection with the lease of the Property is the SVN Advisor listedin this proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Lease Offering Brochure.If the person receiving these materials does notchoose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Lease Offering Brochure may include certainstatements and estimates by SVN with respect to the Property. These Assumptions may or may not be proven to becorrect, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Ownerdisclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from thisLease Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. Therecipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Lease Agreement between it and Owner.The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor, nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Lease Offering Brochure are advised and encouraged toconduct their own comprehensive review and analysis of the Property.

This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Ownerexpressly reserves the right, at its sole discretion, to reject any or all expressions of interest to lease the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the LeaseOffering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signedReal Estate Lease Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease,a prospective lessee will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVNAdvisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should notrely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Lease Agreementshall bind the property and each prospective purchaser proceeds at its own risk.

new retail space - waterside village€¦ · 28414 marlboro ave, easton, md 21601 new retail space...

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