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Shoppes at Salisbury 232-298 Tilghman Rd
1,400 - 28,823 SF of Retail Space Available in Salisbury, MD 21804
Highlights
- Anchored by Food Lion, Ollie's Bargin Outlet and Dollar Tree
- 32,000+ cars per day
- U.S. Route 50 frontage and visibilty
- Huge Parking Lot and easy access to US Route 50
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 252 | 1,400 SF | 1-10 Years | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $1,400 /MO $16,800 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 260 | 27,423 SF | 1-10 Years | $6.00 /SF/YR $0.50 /SF/MO $64.58 /m²/YR $5.38 /m²/MO $13,712 /MO $164,538 /YR | Triple Net (NNN) |
232-298 Tilghman Rd - 1st Floor - Ste 252
- Lease rate does not include utilities, property expenses or building services
232-298 Tilghman Rd - 1st Floor - Ste 260
Retail or office space available in the Shoppes at Salisbury; Anchored by Food Lion and Ollie's Bargain Outlet; CAM, taxes, & insurance is $1.50 per sq ft. Rent is negotiable.
- 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.
SITE PLAN
PROPERTY FACTS FOR 232-298 Tilghman Rd , Salisbury, MD 21804
| Center Type | Community Center | Gross Leasable Area | 151,712 SF |
| Parking | 882 Spaces | Total Land Area | 53.42 AC |
| Stores | 16 | Year Built | 1988 |
| Center Properties | 3 |
| Center Type | Community Center |
| Parking | 882 Spaces |
| Stores | 16 |
| Center Properties | 3 |
| Gross Leasable Area | 151,712 SF |
| Total Land Area | 53.42 AC |
| Year Built | 1988 |
About the Property
Located on the corner of U.S. Rt. 50 and Tilghman Road, this is a 151,712 sq. ft. shopping center. U.S. Rt. 50 splits Salisbury in the middle and is located towards the East side. It is the first Shopping center on the right as you enter Salisbury from Ocean City. Low triple-net costs. Shoppes at Salisbury is located on U.S. Rt. 50 in Salisbury, MD, the hub of the Eastern Shore.
-
Tonney Insley -
Rick Tilghman -
SVN | Miller Commercial Real Estate
Learn More About Leasing Retail Properties
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Shoppes at Salisbury | 232-298 Tilghman Rd
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