About 810 Chesapeake Dr
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
Features of 810 Chesapeake Dr
| MLS® # | MDDO2009760 |
|---|---|
| Price | $9,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 70,000 |
| Acres | 4.39 |
| Year Built | 2023 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Pending |
Community Information
| Address | 810 Chesapeake Dr |
|---|---|
| City | CAMBRIDGE |
| County | DORCHESTER-MD |
| State | MD |
| Municipality | Cambridge |
| Zip Code | 21613 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Zoned |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Metal |
|---|---|
| Roof | Metal |
| Foundation | Slab |
School Information
| District | DORCHESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | June 2nd, 2025 |
|---|---|
| Days on Market | 130 |
| Zoning | INDUSTRIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Ownership | Fee Simple |
Listing Details
| Office | SVN |Miller Commercial Real Estate |
|---|---|
| Contact Info | 410-543-2440 |