810 CHESAPEAKE DR, Cambridge, MD 21613
810 CHESAPEAKE DR, Cambridge, MD 21613
810 CHESAPEAKE DR, Cambridge, MD 21613
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Listed by Flo Brotzman • SVN/Miller Commercial Real Estate
$9,300,000
Est. payment /mo
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4.39 Acres Lot
Active

810 CHESAPEAKE DR Cambridge, MD 21613

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

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

Prime industrial investment opportunity featuring a 70,000 SF facility constructed in 2022 and maintained in excellent condition. The property is secured by a brand-new 4-year lease with FedEx, a strong national credit tenant, plus two additional 1-year renewal options, providing investors with stable contractual income and limited near-term rollover exposure. Price is a 7.0% cap rate on current income. Projected solar income would make this an 8.0 cap.

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.

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

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Michelle McMaster

Michelle McMaster

Broker License ID: 1542221

+1(856) 335-5586

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810 CHESAPEAKE DR

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