833 S Salisbury Blvd Listing Details & Market Data

The city of Salisbury serves as principal city with the Maryland-Delaware Metropolitan Statistical Area. The largest city on Maryland's Eastern Shore, Salisbury plays a vital role as the central hub for commerce on the growing Delmarva Peninsula. The city includes a thriving downtown district and a resilient economic foundation, all contributing to its significance within the area.This former Rite Aid is located at 833 South Salisbury Boulevard in Salisbury, Wicomico County, Maryland. The property consists of a single-story 13,824 square foot free standing structure positioned on a 1.50-acre lot with 60+ parking spaces and a drive-thru. The property is situated at the prime four-way signalized intersection of South Salisbury Boulevard/Ocean Highway (23,282 VPD) and South Boulevard (6,982 VPD) at the intersection’s southeast corner. Salisbury University is less than 0.5 miles south with enrollment of over 8,700 students and Tidal Health is one mile north, Wicomico County’s largest employer featuring a 300-bed hospital serving over 500,000 patients annually and over 3,300 employees. The property is truly in the middle of Salisbury and surrounded by many national brands including ACME, Food Lion, Wawa, CVS, Walgreens, AutoZone, Advance Auto Parts, Starbucks, Chipotle, and Dunkin', among others. The property is immediately surrounded by over 75,000 people living within a five-mile radius with an average annual household income of over $75,000.This property has great visibility as it is situated at a four-way signalized intersection of South Salisbury Boulevard/Ocean Highway. Located between Salisbury University and Tidal Health Hospital. There are 69 parking spaces and a drive-thru. The former Rite Aid is being offered as a NNN lease of the 13,824 SF or as a ground lease of the 1.5 acres. Additionally, the property is listed for sale.