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

INVESTMENTOPPORTUNITY614 EASTERN SHORE DRIVESALISBURY, MD 21801

Henry Hanna, CCIM, SIORCouncil Chair of Industrial Properties410.543.2420henry.hanna@svn.com

Wesley Cox, CCIMSenior Advisor410.543.2421wesley.cox@svn.com

OFFERING SUMMARY

Sale Price: $549,000

Cap Rate: 7.68%

NOI: $42,152

Lot Size: 1.34 Acres

Year Built: 1988

Building Size: 5,821 SF

Zoning: Commercial Condo

Market: Salisbury

Submarket: Eastern Shore of

Maryland

Price / SF: $94.31

PROPERTY OVERVIEW5,821 sq.ft. office building on 1.34 acres. Great location on Eastern Shore Driveonly 1/2 mile to Peninsula Regional Medical Center. Offers front door parkingfor clients and rear parking for employees. Currently divided into 4 units - 3 are1,120 sq.ft. and one is 2,461 sq.ft. for a total of 5,821 sq.ft. Located near medical& professional offices, retail and restaurants and only 1 mile to SalisburyUniversity which is home to with 9,000 students and 1,800 employees.Currently 80% occupied with $46,800 yearly income.

PROPERTY HIGHLIGHTS

• *5,821 sq.ft. on 1.34 Acres

• *Current income is $46,800 with 1 - 1,120 sq.ft. unit vacant.

• *Terrific location only 1/2 mile to PRMC and 1 mile to Salisbury University

• *Over 10,000 cars per day pass this location

Property Summary

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 2All SVN® offices are independently owned and operated.

TENANTNAME

UNITNUMBER

UNITSIZE(SF)

LEASESTART

LEASEEND

LEASESTART

ANNUALRENT

% OFBUILDING

PRICEPER SF/

YR COMMENTS

NPS Care A 1,120 Current $8,400 19.24 $7.50

LOI in Hand B 1,120 Current $8,700 19.24 $7.77

Synergy C 1,120 Current $12,600 19.24 $11.25

E.S.

Cardiovascular

D 2,461 Current $25,791 42.28 $10.48

Totals/Averages 5,821 $55,491 $9.53 $0

Rent Roll

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 3All SVN® offices are independently owned and operated.

INCOME SUMMARY INVESTMENT OPPORTUNITY

Gross Income $55,491

EXPENSE SUMMARY INVESTMENT OPPORTUNITY

Taxes $13,339

Gross Expenses $13,339

Net Operating Income $42,152

Income & Expenses

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 4All SVN® offices are independently owned and operated.

Additional Photos

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 5All SVN® offices are independently owned and operated.

Additional Photos

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 6All SVN® offices are independently owned and operated.

Location Maps

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POPULATION 3 MILES 5 MILES 10 MILES

Total population 48,983 76,972 110,736

Median age 31.6 33.3 34.4

Median age (Male) 30.5 31.8 32.9

Median age (Female) 32.0 34.2 35.4

HOUSEHOLDS & INCOME 3 MILES 5 MILES 10 MILES

Total households 18,289 28,765 40,882

# of persons per HH 2.7 2.7 2.7

Average HH income $55,399 $62,137 $64,122

Average house value $192,667 $209,099 $214,498

* Demographic data derived from 2010 US Census

Demographics Map

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 8All SVN® offices are independently owned and operated.

Retailer Map

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 9All SVN® offices are independently owned and operated.

Disclaimer

614 EASTERN SHORE DRIVE | 614 EASTERN SHORE DRIVE, SALISBURY, MD 21801 SVN | Miller Commercial Real Estate | Page 11All SVN® offices are independently owned and operated.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.