1301 State StDelmar, MD 21875

For Lease
$17.50/SF/YR

Prime MD location, 14,564 SF available.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 14,564-square-foot retail and office property in Delmar, Maryland, presents a unique investment opportunity. Situated on a 1.74-acre lot at the signalized intersection of East State Street (Route 54) and Sussex Highway (Route 13), this property boasts unparalleled visibility with over 45,000 vehicles passing daily. The location benefits from three points of access, offering flexibility for future redevelopment. The building is currently entirely vacant, providing a blank canvas for a variety of uses, including executive office, medical office, pharmacy, or other retail ventures. Its strategic position on the Maryland-Delaware border ensures high traffic volume, further enhanced by the proximity to major national retailers such as Food Lion, Wawa, McDonald's, Verizon, Pet Valu, and AutoZone. The surrounding area demonstrates strong population growth, with 4,101 people within one mile, 10,215 within three miles, and 24,132 within five miles. Recent residential construction and a projected population increase of 1.11% through 2023 underscore the area's continued expansion and potential. The property's multiple access points and substantial size (14,564 square feet) allow for diverse tenant configurations or a single large-scale operation. Numerous new commercial developments in the vicinity further solidify this location as a thriving commercial hub. Three individual spaces ranging from 1,750 to 14,564 square feet are available for lease.

Highlights

  • High-traffic retail location with national co-tenants including McDonald's, Food Lion, Wawa, Verizon, and Advance Auto.
  • Excellent visibility and three convenient access points from Route 13, Route 54, and Woodlawn Avenue.
  • High-traffic intersection of Route 54 and Route 13 (MD/DE border), exceeding 45,000 vehicles daily.

Unit(s) available at that property

Space
Available Space
Size
14,564 SF
Rate per SF
$17.50
Space
Available Space 3
Size
3,500 SF
Rate per SF
$17.50
Space
Size
14,564 SF
Rate per SF
$17.50

Location Insight

City
Delmar
County
Wicomico
State
Maryland
Latitude
38.4551467
Longitude
-75.5593747
1301 State St, Delmar, Maryland

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1301 State St
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