MD
DORCHESTER
CAMBRIDGE
21613
810 CHESAPEAKE DRIVE
810 CHESAPEAKE DRIVE, CAMBRIDGE, MD 21613
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Listing Type
Commercial/Industrial
Listing Status
active
11
$9,300,000

Home Details for 810 CHESAPEAKE DRIVE

Price
$9,300,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2023
Lot size acres
4.39
County
DORCHESTER
Garage
Days on site
18
MLS Listing#
MDDO2009760
Property Description

Single-tenant NNN industrial investment property in Cambridge, MD constructed in 2022. The building was fit-out specifically for this tenant who is two years into their first term. The current rent is $644,700 plus NNN with 3% annual increases. Tenant has two (2) five (5) year renewal options. The building is 70,000 sq.ft. on 4.39 acres with a shared common entrance and common area parking in addition to the private parking. The tenant is Bay Valley Foods - a division of Tree House Foods - the #1 pickle & pepper supplier in the US. With the tenant's main manufacturing facility being across the street, there is a very low chance the tenant would ever relocate, and the tenant has said they will exercise their first option to renew early. - NNN Industrial Investment - #1 supplier in their industry nationwide - 3% annual increases. - Low risk of tenant moving - 2 year old construction

Property Features
  • Cooling Information
    • Zoned
    • Electric
  • Heating Information
    • Other
  • Water Features
    • Public
  • Parking
    • Parking Lot
Listing Courtesy: SVN |Miller Commercial Real Estate - 410-543-2440
Last Updated: 2025-09-05 13:28:26
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