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Will Nicholson

will.nicholson@lptrealty.com +1(215) 208-6585

Listed by Florence Brotzman • SVN/Miller Commercial Real Estate

$ 9,300,000

Est. payment -/mo

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Active

810 CHESAPEAKE DR Cambridge, MD 21613

4.39 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDDO2009760

Year Built 2023

Tax Year 2024

Lot Size 4.390 Acres

Acres 4.39

Property Sub-Type Industrial

Source BRIGHT

Property Description

SALE OR LEASE! Single-tenant NNN industrial investment property in Cambridge, MD constructed in 2022. The building was fit-out specifically for food grade. Current tenant is two years into their term. The current rent is $644,700 plus NNN with 3% annual increases. The building is 70,000 sq.ft. on 4.39 acres with a shared common entrance and common area parking in addition to the private parking.

The tenant is Bay Valley Foods - a division of Tree House Foods - the #1 pickle & pepper supplier in the US will not be renewing their lease. The property is now available for lease or sale as an investment or vacant for an user. The Landlord and Tenant maintain a positive working relationship, allowing flexibility for a sublease through January 2028 or a long term term arrangement. With over 2 years remaining on the existing lease, there is flexibility with the options for this property.

27' clear height throughout the warehouse offering excellent flexiblity for racking,stacking or high-bay operations. Top tier electrical infrastructure to support high-power manufacturing operations. Food-grade ready - super clean, immaculate condition and professionally maintained.
Industrial satefy features include yellow guard rails around the interior perimeter. 4 electric forklift docking/charging stations.
Efficient, modern LED lighting throughout designed for bright, high visibility operations. 3 Drive-in doors 14 x 12 and 5 docks 9 x 8.
Professional 2,500 sq.ft. office with kitchen, conference room, private offices and separate office in the warehouse with lounge and restroom for drivers.
Asking lease rate is $9.75 per sq.ft. NNN

Location

State MD

County Dorchester

Zoning INDUSTRIAL

Interior

Hot Water Electric

Heating Other

Cooling Zoned

Flooring Concrete

Heat Source Other

Exterior

Garage Spaces 150.0

Water Access N

Roof Type Metal

Street Surface Black Top

Accessibility None

Road Frontage City/County

Total Parking Spaces 150

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Dorchester County Public Schools

Others

Tax ID 1007204477

Ownership Fee Simple

Security Features Fire Detection System,Electric Alarm,Security System,Smoke Detector

Special Listing Condition Standard

+1(215) 208-6585

will.nicholson@lptrealty.com