MD > Salisbury
Salisbury, MD 21804,317 TILGHMAN RD
Salisbury, MD 21804,317 TILGHMAN RD
Salisbury, MD 21804,317 TILGHMAN RD
Salisbury, MD 21804,317 TILGHMAN RD
Salisbury, MD 21804,317 TILGHMAN RD
Salisbury, MD 21804,317 TILGHMAN RD
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Andrew Johns

Andrew Johns

Keller Williams Gateway

+1(410) 627-7264
Listed by John McClellan • SVN/Miller Commercial Real Estate
$ 2,450,000
Est. payment | /mo

2,700 SqFt

Save
$ 2,450,000
Est. payment | /mo
Save

2,700 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $907

MLS Listing ID MDWC2018612

Year Built 2025

Annual Tax Amount $3,884

Tax Year 2024

Lot Size 1.300 Acres

Acres 1.3

Property Sub-Type Retail

Source BRIGHT

Property Description

Brand new Starbucks (Nasdaq SBUX) for sale with a 10 year lease! Offered at a 6.33% cap rate, this single tenant, free standing pad fronts Maryland Route 50 - the major East / West travel corridor that stretches from the Baltimore/DC metro areas all the way to the Ocean City beaches on the east coast. Average traffic counts are 19,642 vehicles per day with higher traffic counts during the summer months due to beach travelers. The store opened for business on April 17, 2025 and rent commences August 15, 2025 with the initial term running through 2035. This highly visible, highly trafficked site sits adjacent to a dual Taco Bell / KFC and in front of a mixed use 194,000 SF shopping center known as Oak Ridge Commons including a 58,000 SF church complex driving additional retail traffic several days per week. Contact the listing broker for more details. Lease available for review with a signed NDA and satisfactory LOI.

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning GC

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 42.0

Water Access N

Accessibility No Stairs

Total Parking Spaces 42

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Wicomico County Public Schools

Others

Tax ID 2305127602

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(410) 627-7264

andrew@andrewjohnshometeam.com

8015 Corporate Drive, Ste C, Nottingham, Maryland, 21236, United States

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317 TILGHMAN RD