Salisbury, MD 21804 317 Tilghman Road

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Presented By: SVN/Miller Commercial Real Estate
  • MLS# MDWC2018612
  • 06/25/2025
  • Request Tour
  • Request Info
  • SQFT • 2,700

Home Details

Brand new Starbucks (Nasdaq SBUX) for sale with a 10 year lease! Offered at a 6.33% cap rate, this single tenant, free standing pad fronts Maryland Route 50 - the major East / West travel corridor that stretches from the Baltimore/DC metro areas all the way to the Ocean City beaches on the east coast. Average traffic counts are 19,642 vehicles per day with higher traffic counts during the summer months due to beach travelers. The store opened for business on April 17, 2025 and rent commences August 15, 2025 with the initial term running through 2035. This highly visible, highly trafficked site sits adjacent to a dual Taco Bell / KFC and in front of a mixed use 194,000 SF shopping center known as Oak Ridge Commons including a 58,000 SF church complex driving additional retail traffic several days per week. Contact the listing broker for more details. Lease available for review with a signed NDA and satisfactory LOI.
Presented By: SVN/Miller Commercial Real Estate

Interior Features for 317 Tilghman Road

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 317 Tilghman Road

AccessibilityNo Stairs
Business TypeOther/General Retail, Pad Site
CitySALISBURY
Construction Completed Y/NYes
Construction MaterialsMixed
Cool FuelElectric
CoolingCentral A/C
CountyWICOMICO
DirectionsLocated on the east side of Salisbury at the intersection of Route 50 and Tilghman Rd adjacent to the Route 13 bypass.
HeatingCentral
Location TypeFree Standing
Lot Size Square Feet56628.00
Lot Size UnitsSquare Feet
MLS AreaWicomico Northeast (23-02)
ModificationTimestamp2025-06-25T11:16:49
MunicipalitySalisbury
New ConstructionYes
Number Of Units Total1
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG907.41
Property ConditionExcellent
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount3884.0
Tax Assessed Value1299500.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2025
Year Built SourceAssessor
ZoningGC

Exterior for 317 Tilghman Road

Building Area Total2700.00
Car Parking Spaces40
Lot Size Acres1.30
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks
Total Parking Spaces42
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,450,000
MLS#MDWC2018612
List Date 06/25/2025
Property Type Commercial
Phone 703.929.4729
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