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SVN | Miller Commercial Real Estate | 206 E. Main Street, Salisbury, MD 21801 LEASE BROCHURE
COLLEGE SQUARE125 W. COLLEGE AVESALISBURY, MD 21801
Wesley Cox, CCIMSenior [email protected]
Henry Hanna, CCIM, SIORCouncil Chair of Industrial [email protected]
OFFERING SUMMAROFFERING SUMMARYY
Available SF: 1,500 - 36,497 SF
Building Size: 86,442
Renovated: 2017
Traffic Count: 46,416
Join Planet Fitness, Ace Hardware, Papa Johns, United States Postal Service, and others at this highly visible andwell-known location with visibility from Rt. 13 and within walking distance of Salisbury University with 9,000students and 1,800 employees. The property’s strategic location provides a convenient shopping option for thenumerous residents within a short drive of the property, as well as the college students. The property offersmultiple points of access and is located at a lighted intersection. There is ample parking and strong co-tenants.
PROPERPROPERTTY OY OVERVERVIEWVIEW
PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS
• Traffic Count: 46,416 (Rt. 13=22,731; W. College=15,510; E.S. Drive=11,175)
• Within walking distance to Salisbury University - 11,800 students & employees
• Walking distance to the new SU Stadium's and sports complex
• Easy access to Rt. 13 and Rt. 50
• Strong co-tenants
• Visibility from Route 13
• Close proximity to neighborhoods & thousands of residents
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 2
Executive Summary
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 3
Retailer Map
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 4
Aerial Photograph
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 5
Additional Photos
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 6
Additional Photos
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 7
Additional Photos
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 8
LEALEASE RASE RATE:TE: SEE BELOW TTOOTTAL SPAL SPAACE:CE: 1,500 - 36,497 SF
LEALEASE TSE TYPE:YPE: NNN LEALEASE TERM:SE TERM: Negotiable
SPSPAACECE SPSPAACE USECE USE LEALEASE RASE RATETE LEALEASE TSE TYPEYPE SIZE (SIZE (SF)SF) TERMTERM CCOMMENTSOMMENTS
Anchor Space Strip Center Negotiable NNN 18,000 - 36,497 SF Negotiable
Formerly occupied by Super
Fresh with a portion already
leased to Planet Fitness. The
space dimensions are
approximately 190 x 190.
End-cap Space Strip Center $17.00 SF/yr NNN 1,500 SF Negotiable
Former restaurant space
occupied by Salsarita's who
closed all locations. This was
their top performing location.
The space lends itself to
multiple uses and has the
potential for shaded outdoor
seating. TI is negotiable.
End-cap Space Strip Center $18.00 SF/yr NNN 2,400 SF Negotiable
Corner Unit at the main
entrance of the property.
Former Radio Shack/Sprint
location. This was a
well-performing location for
them.
Available Spaces
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 9
POPULAPOPULATIONTION 5 MILES5 MILES 10 MILES10 MILES 15 MILES15 MILES
Total population 76,301 110,291 148,252
Median age 33.4 34.4 34.9
Median age (male) 31.9 32.9 33.4
Median age (Female) 34.2 35.3 35.9
HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 5 MILES5 MILES 10 MILES10 MILES 15 MILES15 MILES
Total households 28,479 40,636 54,292
# of persons per HH 2.7 2.7 2.7
Average HH income $62,780 $64,136 $63,348
Average house value $212,963 $214,362 $215,462
* Demographic data derived from 2010 US Census
Demographics Map
Location Maps
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 10
COLLEGE SQUARE | 125 W. COLLEGE AVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 11
The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion of the property within and is not to beused for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the writtenconsent of the SVN® Advisor or Property Owner (“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.
The only party authorized to represent the Owner in connection with the lease of the Property is the SVN Advisor listed in this proposal, and no other personis authorized by the Owner to provide any information or to make any representations other than contained in this Lease Offering Brochure.If the personreceiving these materials does not choose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisLease Offering Brochure may include certain statements and estimates by SVN with respect to the Property. These Assumptions may or may not be provento be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability forrepresentations or warranties, expressed or implied, contained in or omitted from this Lease Offering Brochure, or any other written or oral communicationtransmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it inany final, fully executed and delivered Real Estate Lease Agreement between it and Owner.The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor, nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Lease OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.
This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Owner expressly reserves the right, at its solediscretion, to reject any or all expressions of interest to lease the Property and expressly reserves the right, at its sole discretion, to terminate negotiationswith any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the LeaseOffering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signed Real Estate Lease Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease, a prospective lessee will be deemed to have acknowledged the foregoingand agreed to release the Owner and the SVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should not rely on any such correspondence orstatements as binding Owner. Only a fully executed Real Estate Lease Agreement shall bind the property and each prospective purchaser proceeds at itsown risk.
Disclaimer
