About This Home
This 0-bedroom, 0-bathroom other at 1945 NORTHWOOD Drive in Salisbury, MD is listed for $450,000. Built in 2002, on a 0.92 acres lot.
Key Features
- Built in 2002
- 0.92 acre lot
- 25 parking spaces
Property Details
Amenities
5 year NN Lease commenced 8/1/2026 with a potential termination clause for Buyers, opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018.
Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM. NOI is $41,700 and at full price is a 9.27% cap rate. Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year. Floor plan and Lease are in the documents tab.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1945 NORTHWOOD Drive
Salisbury, MD 21801
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom other at 1945 NORTHWOOD Drive is listed at $450,000. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2002, 0.92 acre lot, 25 parking spaces.
This property is listed by Andrew Ball and can be reached at 4104223672.