Stand Alone Daycare- Operate or Enjoy Income
$450,000
1945 Northwood Dr, Salisbury, MD 21801
For Sale
Special Purpose
Active
Last Updated: 07/27/2026
9.27
Cap Rate
41,700
NOI
Details:
Cap Rate: 9.27%
NOI: $41,700
Building Size: 4,012 sqft
Lot Area: 0.92 acres
Class: C
Units: 1
Year Built: 2002
Floors: 1
Highlights:
- Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM.
- Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year.
- Floor plan and Lease are in the documents tab.
Description:
5 year NNN Lease commenced 8/1/2026 with a one time termination clause for Buyers opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018.
From US Route 13 Business (Salisbury Boulevard), turn onto Northwood Drive and proceed approximately 1.0 mile. Property will be on the right.
Documents:
| Title | ||
|---|---|---|
| 1945 Northwood Dr. Lease NN FINAL.doc.pdf | ||
| SVN - Brochure (P) | ||
| 1663_001.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
