28490 Naylor Mill Rd - Service Station FOR SALE


Salisbury, MD 21801
$5,220,000 USD
513-325-8682
28490 Naylor Mill Rd, Salisbury, MD for Sale
$5,220,000 USD
Service Station - FOR SALE
1/6
null | 5.75% Cap Rate

28490 Naylor Mill Rd
Salisbury, MD 21801


HIGHLIGHTS

  • 2020 Build to Suit for 7-Eleven | Store Includes Gas Station With Separate Diesel Pumps and Full Convenience Store
  • 4,950-SF Building on a +/-3.34 Acre Parcel | New 15-Year Absolute Net Lease With 11+ Years Remaining and No Landlord Responsibilities
  • 10% Rental Increases Every 5 Years and in Each of Three, 5 Year Renewal Options | Corporately Guaranteed Lease
  • Located Within Westwood Commerce Park, a 16-Acre Multi-Phase Business Development Along US-50 With Retail, Office, Flex, and Warehouse Projects
  • Heavy Development In the Area: Westwood Commerce Park Has Multiple Lots Sold, Under Construction or Completed Since 2020
  • High Visibility With Lighted Pylon Sign Along Ocean Gateway/US-50 BUS With 17,000+ Vehicles Per Day

OVERVIEW

2020 BUILD TO SUIT | +/-3.3-AC LOT | ACTIVE DEVELOPMENT CORRIDOR

FOR SALE DETAILS

PRICE

$5,220,000 USD

PRICE/SF

$1,055 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-ELEVEN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.34 AC

LAND SF

145,490 SF

ZONING

LI

APN/PARCEL ID

09-094652

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-325-8682

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Darpan PatelMarcus & MillichapMore Info
513-325-8682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.