SOLD
$4,200,000
Sold Date 03/01/2023
1770-1774 WESTWOOD DR
Salisbury, MD 21801
N/A
Acres Lot
Industrial
156 days on Nestfully
19 views
Two Net Leased Industrial / Flex Buildings with national credit tenants. High VisibilityHighway Fronting Location in planned business park. 31,600 SF of excellent conditionbuildings 100% occupied. Sherwin Williams Flooring Sales and Distribution Center andCapital Electric (a subsidiary of Paris based Sonepar) have been in place since 2008.Located in the 250 + acre Westwood Commerce Park - a designated Maryland EnterpriseZone. Sherwin space spans 16,600 SF with 3,000 SF of office, and 13,600 SF of warehouse.Capital space spans 15,000 SF with 3,500 SF of office, 6,500 SF of showroom, and 5,000 SFof warehouse. Ceiling heights are 24' at the eves and 28' at the ridge. Property fronts Route50, the major east/west corridor in Maryland. Landlord maintains the roof and structure.Refer to rent roll in this package for income information.Adjacent Parcel is slated for new construction of a 33,000 SF industrial shell.Note - These improvements are structured as a condominium regime allowing maximumflexibility. The adjacent Lot B3 is part of the regime. and will share in common area expenses(grass, snow, etc.) - additional details available from Listing Advisor
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