For Sale

810 Chesapeake Drive

810 Chesapeake Drive,
Cambridge, MD 21613
Represented by
SVN | Miller Commercial Real Estate

Asset Snapshot

Student Housing
Industrial Subtype
2022
Year Built
4.39 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Prime industrial investment opportunity featuring a 70,000 SF facility constructed in 2022 and maintained in excellent condition. The property is secured by a brand-new 4-year lease with FedEx, a strong national credit tenant, plus two additional 1-year renewal options, providing investors with stable contractual income and limited near-term rollover exposure. Price is a 7.0% cap rate on current income. Projected solar income would make this an 8.0 cap.


Investment Highlights

  • National Credit Tenant - FedEx
  • Brand new 4 year lease with 2 - 1 year renewal options
  • Potential Rooftop Solar Income Opportunity

How it Works

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Listing Syndicated From

Buildout
For Sale
$9,300,000
Asking Price

Investment Sales Broker

Flo Brotzman
SVN | Miller Commercial Real Estate