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Marjorie Dick Stuart

  • Cell 240-731-8079
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2020 Northwood Dr, SALISBURY, MD – $1,990,000

  • $2M Price
  • 20,000 Sqft
  • 280 DOM
  • $2M Price
  • 20,000 Sqft
  • 280 DOM

2020 Northwood Dr

Single tenant NNN Lease with strong credit tenant, Toroid. There arecurrently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increasesevery 5 years. There are no Landlord Responsibilities, as tenant maintains all structural and mechanical repairs. This hands-free would be an ideal replacement property for a 1031 buyer. 20,000 SF of pristine flex (Warehouse/Office space is rare to find in the Eastern Shore Marketplace, especially one supported by a strong national credit tenant. In addition, this property is also located in an Enterprise Zone and is in exceptionalshape .

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Essential Information

  • MLS® #MDWC2015442
  • Price$1,990,000
  • Bathrooms0.00
  • Square Footage20,000
  • Acres0.00
  • Year Built1996
  • TypeCommercial Sale
  • Sub-TypeIndustrial
  • StatusActive

Community Information

  • Address2020 Northwood Dr
  • AreaWicomico Northwest (23-01)
  • CitySALISBURY
  • CountyWICOMICO-MD
  • StateMD
  • MunicipalitySalisbury
  • Zip Code21801

Interior

  • HeatingOther
  • CoolingOther

Exterior

  • ExteriorConcrete/Block

School Information

  • DistrictWICOMICO COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedOctober 9th, 2024
  • Days on Market280
  • ZoningLI

Listing Details

  • OfficeRinnier Development Co
  • Office Contact(410) 742-8151
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Listing information last updated on July 15th, 2025 at 7:30am CDT.