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1301 E State St
Delmar, MD 21875
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Price Reduced!
  • Rite Aid holds a long operating history at this site under an NN+ lease with rent bumps/escalations.
  • Situated at the busy signalized intersection of Route 54 and Route 13 on the Maryland/Delaware border with more than 35,000 vehicles passing daily.
  • Located along a heavily trafficked retail corridor with nearby national tenants including McDonald's, Food Lion, Wawa, Verizon, and Advance Auto.
  • Excellent visibility and three points of access, one on Route 13, one on Route 54, and one on Woodlawn Avenue.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,564 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.75 AC
Zoning
C - Retail Trade
Parking
76 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
153’ on U.S. 13

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-028306
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,793,800
  • Listing ID: 25588303

  • Date on Market: 4/29/2022

  • Last Updated:

  • Address: 1301 E State St, Delmar, MD 21875

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