Remarks

NN Lease Industrial Investment Property. 3 Years remaining but tenant does have option for early termination. Current rent is $306,349. Tenant is responsible for taxes, insurance and utilities. Opportunity Zone. Cannabis cultivation may be permitted in this location.

49,813 sq.ft. manufacturing facility on 5.586 acres. 5 docks (8 x 8) and 1 drive-in door (8 x 8). 3 Phase Electric capacity 480 - steps down to 280. Manufacturing facility is heated with propane hanging heaters. 6" water line. Electrical drops and compressed air lines throughout the production/manufacturing area. Column spacing of of 50' across and 20' depth. 18' ceiling height.
2,000 sq.ft. of 2nd floor office space overlooking the production area with new a/c, new heat pump and new duct work. Offers conference room, executive offices, private offices and restrooms.
Approx 40 parking spaces plus 15 trailer spaces.
5+ acre site offers room for expansion. The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Route 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection. The Maryland & Delaware Railroad line borders the park. The park is located near several ports: Baltimore 80 miles, Philadelphia 124 miles, Norfolk 170 miles and New York 207 miles.

- NN Leased Industrial Investment - Federalsburg Industrial Park
- 3 years remaining (tenant has option for early termination)
- Currently in year 2 with $306,349 in rent
- Opportunity Zone - Federalsburg Industrial Park - Potential for cannabis use.
- 49,813 sq.ft. industrial facility on 5.586 acres
- 5 Docks - 1 Drive-in Door

Details

MLS#: MDCM2005806
Price: $4,000,000

Year Built: 1981

County: CAROLINE
Tax Fee: 33621

School District: CAROLINE COUNTY PUBLIC SCHOOLS