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$ 2,500,000

Est. payment -/mo

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Pending

955 MOUNT HERMON RD Salisbury, MD 21804

9,224 SqFt

UPDATED:

08/29/2024 08:02 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 9,224 sqft

Price per Sqft $271

MLS Listing ID MDWC2014576

Originating Board BRIGHT

Year Built 1987

Annual Tax Amount $17,523

Tax Year 2024

Lot Size 0.819 Acres

Acres 0.82

Lot Dimensions 0.00 x 0.00

Property Description

Class A Office Investment, fully leased to UHY Mid-Atlantic. UHY has 330 major business centers across 100+ countries. They are one of the top CPA firms in the region delivering quality services to firms ranging from middle market to Fortune 500 companies as well as government and not-for-profit entities. This is an attractive 9,224 SF brick building located on the popular Mount Hermon corridor with visibility from Route 50 as well. This investment is being offered at an 8.3% CAP Rate. Lease Expires 1/31/29 with a 5 year option. The landlord has put a request in to the tenant to exercise the option early extending the lease to 1/31/34
Upper roof was replaced in 2021, & all the HVAC units have been replaced in the last few years.

Location

State MD

County Wicomico

Area Wicomico Southeast (23-04)

Zoning LBI

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 40.0

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Parking Lot

Total Parking Spaces 40

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2305092450

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Christopher B. Messick • SVN |Miller Commercial Real Estate

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955 MOUNT HERMON RD Salisbury, MD 21804

Key Details

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955 MOUNT HERMON RD