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This Retail Property is no longer advertised on LoopNet.com.

833 S Salisbury Blvd
Salisbury, MD 21801

Former Rite Aid · Retail Property For Sale

Drug Stores Maryland Salisbury 833 S Salisbury Blvd, Salisbury, MD 21801

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,308 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.51 AC
Zoning
GC
Parking
63 Spaces (4.56 Spaces per 1,000 SF Leased)
Frontage
379 FT on South Blvd

AMENITIES

  • Drive Thru

ABOUT 833 S SALISBURY BLVD , SALISBURY, MD 21801

Marcus & Millichap is pleased to present for sale a Rite Aid located at 833 South Salisbury Boulevard in Salisbury, Wicomico County, Maryland. The subject property consists of a single-story 13,824 square foot free standing structure positioned on a 1.50-acre lot with 69 parking spaces and a drive-thru. This absolute triple-net (NNN) Rite Aid leased asset has over four years remaining on the lease base term (expiration November 2022) with four, five-year options featuring attractive rent increases in each option. The lease is corporately guaranteed by Rite Aid, the 94th largest company on the Fortune 500 with an S&P credit rating of B and operating over 2,500 stores nationwide.

PROPERTY TAXES

Parcel Number 13-036721 Improvements Assessment $2,547,800
Land Assessment $1,273,300 Total Assessment $3,821,100

PROPERTY TAXES

Parcel Number
13-036721
Land Assessment
$1,273,300
Improvements Assessment
$2,547,800
Total Assessment
$3,821,100
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  • Listing ID: 13808747

  • Date on Market: 9/17/2018

  • Last Updated:

  • Address: 833 S Salisbury Blvd, Salisbury, MD 21801

More public record information on 833 S Salisbury Blvd, Salisbury, MD 21801

The Retail Property at 833 S Salisbury Blvd, Salisbury, MD 21801 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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