Description
Fantastic opportunity to own and invest in commercial real estate, with high credit state and county tenants and strong Net Operating Income.This profitable 9,592 SF professional office building in downtown Princess Anne is leased to long term stable tenants including The State of Maryland Health Department, USPS, among others. A recent buildout for a parole office, as well as 1,400 feet of parking lot is leased to USPS for a renewed 15 year period.A robust downtown exposure, local health facilities, shopping, library, schools and the County Circuit Court are nearby. This convenient location also provides high visibility and easy access to Route 13. Salisbury Airport is close by, and NSA~s future launch site at Wallop~s Island Flight Facility is just 30 minutes away. Reach Washington, DC easily in 30 minutes as well by air, and 3-hours by car. Public transport infrastructure including the Wilshire Transit/Subway further broadens opportunities for doing business from Princess Anne with national, international and government markets.HIGHLIGHTS & AMENITIES :~High credit tenants~Long term leases~State and County Tenants~Abundant Parking~Courtyard~Exterior Lighting~Convenient Location ~Minutes from Wilshire Rail
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0BEDS
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0.63ACRES
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0BATHS
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01/2 BATHS
Description
Fantastic opportunity to own and invest in commercial real estate, with high credit state and county tenants and strong Net Operating Income.This profitable 9,592 SF professional office building in downtown Princess Anne is leased to long term stable tenants including The State of Maryland Health Department, USPS, among others. A recent buildout for a parole office, as well as 1,400 feet of parking lot is leased to USPS for a renewed 15 year period.A robust downtown exposure, local health facilities, shopping, library, schools and the County Circuit Court are nearby. This convenient location also provides high visibility and easy access to Route 13. Salisbury Airport is close by, and NSA~s future launch site at Wallop~s Island Flight Facility is just 30 minutes away. Reach Washington, DC easily in 30 minutes as well by air, and 3-hours by car. Public transport infrastructure including the Wilshire Transit/Subway further broadens opportunities for doing business from Princess Anne with national, international and government markets.HIGHLIGHTS & AMENITIES :~High credit tenants~Long term leases~State and County Tenants~Abundant Parking~Courtyard~Exterior Lighting~Convenient Location ~Minutes from Wilshire Rail
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