810 Chesapeake DriveCambridge, MD 21613
DORCHESTER County
Description
Prime industrial investment opportunity featuring a 70,000 SF facility constructed in 2022 and maintained in excellent condition. The property is secured by a brand-new 4-year lease with FedEx, a strong national credit tenant, plus two additional 1-year renewal options, providing investors with stable contractual income and limited near-term rollover exposure. Price is a 7.0% cap rate on current income. Projected solar income would make this an 8.0 cap. 27' clear height throughout the warehouse offering excellent flexiblity for racking,stacking or high-bay operations. Top tier electrical infrastructure to support high-power manufacturing operations. Food-grade ready - super clean, immaculate condition and professionally maintained. Industrial satefy features include yellow guard rails around the interior perimeter. 4 electric forklift docking/charging stations. Efficient, modern LED lighting throughout designed for bright, high visibility operations. 3 Drive-in doors 14 x 12 and 5 docks 9 x 8. Professional 2,500 sq.ft. office with kitchen, conference room, private offices and separate office in the warehouse with lounge and restroom for drivers.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Industrial
- Year built
- 2023
- Building area
- 70,000 Sq Ft
- Lot size
- 4.39 acres
- Parking spaces
- 100
- Zoning
- INDUSTRIAL
- Days on market
- 415
- MLS® Listing#
- MDDO2009760
Property Features
- Appliances
- Electric Water Heater
- Cooling
- Zoned · Electric
- Heating
- Other
- Flooring
- Concrete
- Parking
- Parking Lot
- Construction
- Metal Siding
- Foundation
- Slab
- Roof
- Metal
- Security
- Smoke Detector(s) · Security System
- Sewer
- Public Sewer
- Water source
- Public
- Parcel number
- 1007204477
Schools
- District
- DORCHESTER COUNTY PUBLIC SCHOOLS
Directions
Located at 810 Chesapeake Drive, Cambridge, MD just one block off of US Route 50.
Listing Courtesy: SVN |Miller Commercial Real Estate - 4105432440
