Princess Anne University Village

12302 Ocean Hwy Princess Anne, MD 21853

12302 Ocean Hwy, Princess Anne, MD, 21853
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FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Nov 18, 2024

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Highlights

  • High traffic location with great visibility on Route 13
  • Flexible configurations available
  • Well kept property with ample parking

Description

Mixed use strip center located at the lighted intersection of Route 13 and UMES Blvd. The property is situated on 2.65 acres and has ample on site parking for employees and customers. Tenants will experience great exposure on Route 13 with pylon signage available out on the main road. Multiple units are available for lease with flexible configurations. Ideally located at one of the major entrances to University of Maryland Eastern Shore.

Located at the lighted intersection of Route 13 and UMES Blvd. Property is conveniently located on the north side of Princess Anne and easily accessible.


Year Built: 2010
Building Size: 15982sq ft
Lot Size: 2.65 acres


Documents

NEW - Brochure (P)

Units for Lease

Unit L/M
Space Available: 2400 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $14.00

Map of 12302 Ocean Hwy, Princess Anne, MD, 21853

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.