SVN | MILLER COMMERCIAL REAL ESTATE | 206 E. MAIN STREET, SALISBURY, MD 21801 SALE BROCHURE

EAST PARKPROFESSIONALCENTER1336 BELMONT AVESALISBURY, MD 21804

Bradley Gillis, CCIMSenior Advisor410.543.5115bradley.gillis@svn.com

Joey GilkersonSenior Advisor410.543.5115joey.gilkerson@svn.com

OFFERING SUMMARY

Sale Price: TBD

Cap Rate: 7.25%

NOI: $111,193

Building Size: 7,695 SF

Market: Eastern Shore of

Maryland

Submarket: Salisbury

Price / SF: -

Investment Opportunity- Fully leased units in East Park Professional Center with long term tenants in place. Tenants:Peninsula Regional Medical Center and Easter Seals. Gross Scheduled Income: $111,193.56. 7.25% CAP Rate.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Investment Opportunity

• Fully Leased

• Long Term Tenants in Place

• 7.25% CAP Rate

Property Summary

EAST PARK PROFESSIONAL CENTER | 1336 BELMONT AVE SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

EAST PARK PROFESSIONAL CENTER | 1336 BELMONT AVE SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

TENANTNAME

UNITNUMBER

UNITSIZE (SF)

LEASEEND

LEASESTART

ANNUALRENT

% OFBUILDING

Peninsula Regional Medical Center 501 A 1,536 12/31/2021 Current $22,814 19.96

Easter Seals 501B-502 6,159 2/28/2029 Current $88,380 80.04

Totals/Averages 7,695 $111,194

Rent Roll

EAST PARK PROFESSIONAL CENTER | 1336 BELMONT AVE SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Additional Photos

EAST PARK PROFESSIONAL CENTER | 1336 BELMONT AVE SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Location Maps

EAST PARK PROFESSIONAL CENTER | 1336 BELMONT AVE SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

POPULATION 5 MILES 10 MILES 20 MILES

Total population 67,288 111,338 198,512

Median age 33.2 34.7 36.4

Median age (Male) 31.5 33.2 35.1

Median age (Female) 34.2 35.7 37.5

HOUSEHOLDS & INCOME 5 MILES 10 MILES 20 MILES

Total households 25,556 41,336 71,874

# of persons per HH 2.6 2.7 2.8

Average HH income $58,741 $64,595 $63,091

Average house value $199,742 $215,624 $227,763

* Demographic data derived from 2010 US Census

Demographics Map