810 Chesapeake Dr, Cambridge, MD 21613

$9,300,000

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List Price
$9,300,000
Days on Market
437
Status
ACTIVE
MLS#
MDDO2009760
Lot Size (Acres)
4.39
Year Built
2023
County
Dorchester
School District
Dorchester County Public Schools

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.

Additional Information

School District
Dorchester County Public Schools
Flooring
Concrete
Heating
Other
Heating Fuel
Other
Cooling
Zoned
Roof
Metal
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of SVN/Miller Commercial Real Estate. Contact: 410-543-2440