810 CHESAPEAKE DRIVECAMBRIDGE, MD 21613
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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
| 7 days ago | Listing updated with changes from the MLS® | |
| 7 days ago | Listing first seen on site |
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