Trophy Property - Retail & Office
500 Riverside Drive
Salisbury, MD 21801
https://thebrokerlist.com/have/trophy-property-retail-office-49256
FOR LEASE
Property Type:
Multi Tenant Office
Last Verified:
Nov 04, 2019
Highlights
- Highly visible trophy property location
- Waterfront retail & office space
- Outdoor dining & hardscape areas
- Restaurant Anchor Tenant - 10,000 SF
- Pedestrian Access
- Enterprise Zone Benefits
Description
All plans have been approved for groundbreaking! Be a part of this iconic new development in the heart of the HUB of the Eastern Shore, Salisbury, MD. Join a 10,000 SF anchor tenant which will be a restaurant with a banquet room and a rooftop bar & dining. All spaces will have river views as well as downtown views. There will be pedestrian access to the Riverwalk, outdoor dining areas, and boat slips through a large breezeway in the center of the building upon full completion. With all the amenities there will be an "Inner Harbor" look and feel with a town center atmosphere. Construction can start immediately. Now is the time to secure your office or retail space and select the suite of your choice.
Amenities include: River views, outdoor dining, a new river walk, boat slips, rooftop dining, pedestrian breezeway, highspeed internet, and free parking
All information is subject to change until all plans are finally approved and construction begins.
Riverside Drive
Year Built: 2019
Building Size: 60000.0sq ft
Building Class: A
Lot Size: 3.04 acres
Units for Lease
Unit 1
Space Available: 1725 SF
Lease Type: NNN
Unit 2
Space Available: 5000 SF
Lease Type: NNN
Unit 3
Space Available: 3781 SF
Lease Type: NNN
Unit 4
Space Available: 4408 SF
Lease Type: NNN
Unit 5
Space Available: 5378 SF
Lease Type: NNN
Unit 6
Space Available: 3109 SF
Lease Type: NNN
Unit 7
Space Available: 3499 SF
Lease Type: NNN
Unit 8
Space Available: 5000 SF
Lease Type: NNN
Unit 9
Space Available: 3781 SF
Lease Type: NNN
Unit 10
Space Available: 4408 SF
Lease Type: NNN
Unit 11
Space Available: 5378 SF
Lease Type: NNN
Unit 12
Space Available: 3109 SF
Lease Type: NNN
Map of 500 Riverside Drive, Salisbury, MD, 21801
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.