1113 Healthway
$2,969,000
1113 Healthway, Salisbury, MD 21804
For Sale
Office
Active
Last Updated: 03/29/2026
10
Cap Rate
331,112.28
NOI
Details:
Cap Rate: 10%
NOI: $331,112.28
Building Size: 23,895 sqft
Year Built: 2017
Price Per Sqft: $124.25
Zoning: LB1
Roof: Architectural Shingle
Highlights:
- Days on Market: 10
- Heating: Other
Description:
Fully leased two story building right off Rt. 50 . Zoned Light Business and Institutional and is located in an Opportunity Zone in downtown Salisbury. Triple A tenants include Purdue which takes the entire second floor and Coastal Hospice and a dermatologist occupy the first floor. Over 100 parking spaces.
Top of the line VRF HVAC system installed in 2016.Cementious siding, All exterior trim is composite. LED lighting throughout. conference rooms, numerous private offices, break room, and two sets of his/hers restrooms on each floor. All leases long term with options and are NNN. Leases will be disclosed with a signed NDA
This building is priced to sell at a 8% cap rate.
Location
Gallery
