
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
2020 NORTHWOOD DRIVE, SALISBURY, MD 21801
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
$1,990,000
Share Listing
Home Details for 2020 NORTHWOOD DRIVE
Price
$1,990,000
Type
Commercial/Industrial
Year Build
1996
County
WICOMICO
Tax
$27,327
MLS®️ Listing#
MDWC2015442
On exitrealty.com
321 days
Property Description
Single tenant NNN Lease with strong credit tenant, Toroid. There are currently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increases every 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 exceptional shape .
- Cooling Information
- Other
- Heating Information
- Other
- Water Features
- Public
- Parking
- Parking Lot
Listing Courtesy: Rinnier Development Co - 410-742-8151
Last Updated: 2025-01-08 08:00:40
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Bright MLS.
See several nearby properties
See properties nearby this listing
Compare the values of homes nearby
$1,990,000
Share Listing