$1,990,000
n/a Beds | n/a Baths | n/a sqft
2020 Northwood Dr
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$1,990,000
ACTIVE
2020 Northwood Dr, Salisbury, MD 21801
n/a Beds
n/a Baths
n/a SqFt
Listing Provided By: Matthew Trader with Rinnier Development Co
About This Home

Single tenant NNN Lease with strong credit tenant, Toroid. There are currently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increases every 5 years. There are no Landlord Responsibilities, as tenant maintains all structural and mechanical repairs. This hands-free would be an ideal replacement property for a 1031 buyer. 20,000 SF of...

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Snapshot
  • Price:
  • $1,990,000
  • Year Built:
  • 1996
  • Listing ID #:
  • MDWC2015442
  • Street Address:
  • 2020 Northwood Dr
  • City:
  • Salisbury
  • State:
  • MD
  • Postal Code:
  • 21801
  • County:
  • Wicomico
  • Community:
  • Wicomico Northwest (23-01)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
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Listing Provided By: Matthew Trader with Rinnier Development Co
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