$2,450,000

317 TILGHMAN RD, Salisbury, MD 21804

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon1.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Brand new Starbucks (Nasdaq SBUX) for sale with a 10 year lease! Offered at a 6.33% cap rate, this single tenant, free standing pad fronts Maryland Route 50 - the major East / West travel corridor that stretches from the Baltimore/DC metro areas all the way to the Ocean City beaches on the east coast. Average traffic counts are 19,642 vehicles per day with higher traffic counts during the summer months due to beach travelers. The store opened for business on April 17, 2025 and rent commences August 15, 2025 with the initial term running through 2035. This highly visible, highly trafficked site sits adjacent to a dual Taco Bell / KFC and in front of a mixed use 194,000 SF shopping center known as Oak Ridge Commons including a 58,000 SF church complex driving additional retail traffic several days per week. Contact the listing broker for more details. Lease available for review with a signed NDA and satisfactory LOI.

Listing Status:
Active
Listing Office:
SVN/Miller Commercial Real Estate : 4105432440
Listing Agent:
John McClellan : 4105432440
MLS ID:
MDWC2018612
  • A/C: Central A/C
  • Heating: CentralNatural Gas
  • Disability Feature: No Stairs

This listing courtesy of John McClellan, SVN/Miller Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Glen Avenue School

1615 Glen Avenue Ext, Salisbury, MD, 21804

Grades 2-5

1.15 miles away

W

Wicomico Middle School

635 E Main St, Salisbury, MD, 21804

Grades 6-8

2.32 miles away

W

Wicomico High School

201 Long Ave, Salisbury, MD, 21804

Grades 9-12

1.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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