T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
2020 Northwood Dr, SALISBURY
$1,990,000
0 Beds
0 Baths
20,000 Sqft
0 Acres
0 Garages
Single tenant NNN Lease with strong credit tenant, Toroid. There arecurrently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increasesevery 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 exceptionalshape .
Essential Information
MLS® #MDWC2015442
Price$1,990,000
Bathrooms0.00
Square Footage20,000
Acres0.00
Year Built1996
TypeCommercial Sale
Sub-TypeIndustrial
StatusActive
Community Information
Address2020 Northwood Dr
AreaWicomico Northwest (23-01)
CitySALISBURY
CountyWICOMICO-MD
StateMD
MunicipalitySalisbury
Zip Code21801
Interior
HeatingOther
CoolingOther
Exterior
ExteriorConcrete/Block
School Information
DistrictWICOMICO COUNTY PUBLIC SCHOOLS
Additional Information
ZoningLI
Listing Details
OfficeRinnier Development Co
Office Contact(410) 742-8151
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Listing information last updated on January 19th, 2025 at 10:15am EST.
