810 Chesapeake Drive
Cambridge,
MD
21613
Property Details
| List Price: |
$9,300,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
0 Square Feet |
| Agency: |
SVN/Miller Commercial Real Estate |
| Agency Phone: |
(410) 543-2440 |
Description/Comments
| Lot Size: |
4 acre(s) |
| Property Type: |
Other-Other |
| Year Built: |
2023 |
| Notes: |
Single-tenant NNN industrial investment property in Cambridge, MD constructed in 2022. The building was fit-out specifically for this tenant who is two years into their first term. The current rent is $644,700 plus NNN with 3% annual increases. Tenant has two (2) five (5) year renewal options. The building is 70,000 sq.ft. on 4.39 acres with a shared common entrance and common area parking in addition to the private parking. The tenant is Bay Valley Foods - a division of Tree House Foods - the #1 pickle & pepper supplier in the US. With the tenant's main manufacturing facility being across the street, there is a very low chance the tenant would ever relocate, and the tenant has said they will exercise their first option to renew early. - NNN Industrial Investment - #1 supplier in their industry nationwide - 3% annual increases. - Low risk of tenant moving - 2 year old construction |
| MlsNumber: |
-- |
| ListingId: |
MDDO2009760 |
Estimate Your Monthly Payment
| Listing Provided By: |
SVN/Miller Commercial Real Estate |
| Phone: |
(410) 543-2440 |
| Office Phone: |
(410) 543-2440 |
| Agent Name: |
Flo Brotzman |
| Disclaimer: |
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |