224 Phillip Morris Dr, Salisbury, MD, 21804

224 Phillip Morris Dr Salisbury, MD 21804

224 Phillip Morris Dr, Salisbury, MD, 21804
224 Phillip Morris Dr, Salisbury, MD, 21804 224 Phillip Morris Dr, Salisbury, MD, 21804 224 Phillip Morris Dr, Salisbury, MD, 21804 224 Phillip Morris Dr, Salisbury, MD, 21804 224 Phillip Morris Dr, Salisbury, MD, 21804 224 Phillip Morris Dr, Salisbury, MD, 21804 224 Phillip Morris Dr, Salisbury, MD, 21804
FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 09, 2024

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Highlights

  • Multitude of Permitted Uses
  • Flexible Floor Plans
  • Ample Parking
  • Prime Location

Description

Discover prime commercial space in Salisbury, MD, at 224 Phillip Morris Dr. Our, to be built development offers three buildings that can be tailored to meet your businesses needs. Building A with 10,500 SF, Building B with 31,450 SF, and Building C with 25,000 SF. The property can be used for a multitude of uses, as it lies within the LBI zoning. Enjoy customizable floor plans, abundant parking, and convenient access to the Route 50 bypass.

Philmore Commons is ideally located on Salisbury's thriving east side, just off the Northeast Collector Road and near the Rte 50 bypass. With over 66,950 square feet of space available, this location can accommodate a multitude of users.


Year Built: 2025
Building Size: 66950sq ft
Building Class: A
Lot Size: 9.1 acres


Documents

SVN - Brochure (L)

Units for Lease

Building A
Space Available: 10500 SF
Lease Type: NNN

Price Per Sqft/Year: $21.50
Building B
Space Available: 31450 SF
Lease Type: NNN

Price Per Sqft/Year: $21.50
Building C
Space Available: 25000 SF
Lease Type: NNN

Price Per Sqft/Year: $21.50

Map of 224 Phillip Morris Dr, Salisbury, MD, 21804

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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.