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- LoopNet Team
413 N Fruitland Blvd
Salisbury, MD 21801
Ruby Tuesday | New 20yr Abs NNN | Outparcel · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-Year Lease Signed at Close of Escrow | 10% Rental Increases Every 5 Years | Long Term Income
- Signalized Hard Corner Intersection | Excellent Visibility & Access | Prominent Pylon Signage
- Nearby Salisbury University | Direct Student Consumer Base
- Corporate Backed Lease | Absolute NNN | Fee Simple Ownership | No Landlord Responsibilities
- Outparcel to 24-Hour Walmart Supercenter | Nearby National/Credit Tenants | Increases Consumer Traffic
PROPERTY FACTS
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
ABOUT 413 N FRUITLAND BLVD , SALISBURY, MD 21801
Ruby Tuesday is located directly along N. Fruitland Boulevard (17,900 VPD), the primary north/south retail and commuter thoroughfare serving the city of Salisbury. The property has excellent visibility and frontage along N. Fruitland Boulevard with clear points of ingress/egress and a prominent pylon sign. Ruby Tuesday is ideally located as an outparcel to a 24-hour Walmart Supercenter which features an adjacent strip center with tenants Cato Fashions, Verizon, GameStop, and more. Other nearby tenants include Big Lots, Citi Trends, Food Lion, Dollar Tree, and more, further increasing consumer traffic to the trade area. The restaurant is also just 1.5-miles south of Salisbury University with approximately 10,500 students enrolled, providing a strong direct consumer base from which to draw from. The 5-mile trade area is supported by a population of 69,000 residents with an average household income of $71,700.
PROPERTY TAXES
| Parcel Number | 16-036609 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,285,633 |
PROPERTY TAXES
