$650,000
$680,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
403 PUNKIN CT Salisbury, MD 21804
3,200 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $203
Subdivision None Available
MLS Listing ID 1000795006
Sold Date 07/30/15
HOA Y/N N
Originating Board CAR
Year Built 1999
Lot Size 1.530 Acres
Acres 1.53
Lot Dimensions to be determined
Property Description
Wendy's Net Leased Investment in Salisbury, MD with an annual rent of $51,000. Store is located just off US Route 50 eastbound near Perdue Stadium, Wor Wic Community College, MD Dept of Motor Vehicle, Sleep Inn, Microtel and other businesses and service related facilities. Two additional 5 year Options, July 3, 2019 at $56,000/year and July 3, 2024 at $61,000/year. Extensions carrying out until 2029.8.4% sales increase since 2014 / 11.3% sales increase over the last 2 years
Location
State MD
County Wicomico
Area Wicomico Southeast (23-04)
Zoning RC
Interior
Cooling Central A/C
Flooring Slate, Tile/Brick
Exterior
Waterfront N
Water Access N
Roof Type Built-Up
Accessibility Other, Other Bath Mod
Road Frontage Public
Garage N
Building
Lot Description Cleared, Cul-de-sac
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 108985
Ownership Other
SqFt Source Estimated
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Bought with Brent Miller • SVN |Miller Commercial Real Estate