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100 N Division St, Salisbury, MD 21801 100 N Division St
2,300 SF of Retail Space Available in Salisbury, MD 21801
Highlights
- Desirable Downtown Salisbury location
- Tenant expense-utilities
- Central air
- Tons of foot traffic
- 8-10 ft. ceiling height
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,300 SF | Negotiable | $14.77 CAD/SF/YR $1.23 CAD/SF/MO $158.95 CAD/m²/YR $13.25 CAD/m²/MO $2,830 CAD/MO $33,965 CAD/YR | Triple Net (NNN) |
1st Floor
2300 square feet of recently renovated commercial/professional space located on the busiest corner in Salisbury. You can't go wrong with the tons of exposure and road frontage of this 1st floor unit in the heart of downtown. Take advantage of the near constant foot traffic and endless potential, this space boasts a foyer, large open main space, multiple options for storage or offices and a large break area. Seconds from both Business Rt50 and Rt13. Tenant responsible for all utilities and portion of property taxes. Former tenant would be relocating next door, will not be closing the business. Tenant cannot be a hair salon. Please schedule appointments, no one is to enter space without landlord consent for showings.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 100 N Division St , Salisbury, MD 21801
| Property Type | Retail | Year Built/Renovated | 1898/2018 |
| Gross Leasable Area | 7,614 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,614 SF |
| Year Built/Renovated | 1898/2018 |
About the Property
2300 square feet of recently renovated commercial/professional space located on the busiest corner in Salisbury. You can't go wrong with the tons of exposure and road frontage of this 1st floor unit in the heart of downtown. Take advantage of the near constant foot traffic and endless potential, this space boasts a foyer, large open main space, multiple options for storage or offices and a large break area. Seconds from both Business Rt50 and Rt13. Tenant responsible for all utilities and portion of property taxes. Former tenant would be relocating next door, will not be closing the business. Tenant cannot be a hair salon. Please schedule appointments, no one is to enter space without landlord consent for showings.
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Kristen Powell - Davis Strategic - Keller Williams Realty Delmarva
Presented by
Davis Strategic - Keller Williams Realty Delmarva
100 N Division St, Salisbury, MD 21801 | 100 N Division St
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