Property Type: Commercial ImprovedYear Built: 1955Subdivision: N/ADescription: 1.7 acres located just outside of Salisbury on Rt.13 in Delmar, MD. The property is currently being used as a small apartment complex and is producing income, but could be used for commercial development. Features that make this deal attractive: Direct access off of Rt.13. 500 Feet of Highway Frontage. Utilities are located on site. Stable tenants with short term leases provide immediate income and flexibility. Income can be used for carrying cost, while new owner works on future development plans. Current NOI: $22,889.69
Property Type: Commercial ImprovedYear Built: 1955Subdivision: N/ADescription: 8,000 SF located just off of Rt.13 in Fruitland MD. 4,000 sf of office space and 4,000 sf warehouse. Office space includes 10 small offices, 2 kitchenettes, reception are with window and ladies/mens restroom. Floor plan included in marketing package. Owner is extremely motivated and willing to get creative to make a deal. Bring All Offers!!! Call or email today for a marketing package and brochure. Owner willing to lease back a portion of the building. Newly renovated warehouse.
Property Type: Commercial ImprovedYear Built: 1998Subdivision: N/ADescription: Income producing real estate opportunity, secured by Dollar General. Current annual income is $60,000.00. There is 1 year remaining on the current term. The tenant has the option to renew for an additional 5 years at a $500 per month rent increase. Dollar General is currently paying just $8.22 PSF NNN; which is well below market value for this location. Purchasing income properties with below market rents offer HUGE UPSIDE POTENTIAL to SAVVY INVESTORS who want to purchase assets with strong growth potential!