Retail Space For Lease @ 2618 N Salisbury Blvd

2618 N Salisbury Blvd, Salisbury, MD 21801

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Brent C.

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Salisbury Promenade offers prospective purchasers the rare opportunity to own a seasoned shopping center with stable, long term regional and national tenants, located on a prime thoroughfare of Salisbury, Maryland. The mix of a destination anchor, traffic generating tenants, excellent regional location and low retail vacancy and supply, makes Salisbury Promenade an outstanding long-term investment opportunity. Current lender may consider an assumption of that existing loan (current balance is $3.1 million at 4.00%).

This asset is located in densely developed North Salisbury and is a well-positioned retail property that benefits from its outstanding location along North Salisbury Boulevard (U.S. Route 13 Business) in the heart of the commercial corridor of Salisbury.

Salisbury Promenade is anchored by a 22,044 SF Barnes & Noble which has been at the property for over 15 years with lease term through 2030. This Barnes & Noble location in Salisbury offers an in-storeStarbucks café, an extensive toys and games section, and has consistently been a solid performer nationally.

The property also benefits from a diverse mix of traffic generating services and eateries including Mission BBQ, Pivot Physical Therapy, Eyemart Express, A Nail Story, Xfinity Wireless and Great Clips. This strong collection of tenants provides Salisbury Promenade a constant and dependable cash flow well into the foreseeable future. This space offers accomodations for: neighborhood center.

Pricing: Negotiable

Availability: Now

Listing ID: 3251240


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Type: Retail Space

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