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Offering Highlights
$4,500,000For Sale
Henry Hanna, CCIM, SIORSenior [email protected]
Wesley Cox, CCIMSenior [email protected]
24.92 acres commercial land / 179.21 acre ag land
2600' frontage Rt. 50 /2300' frontage Walston Swit
http://buildout.com/website/20684-sale
Hanna - Rt. 50/Walston Switch | Salisbury, MD
Property 179.21 acres of agricultural land, approx 100 acres clear. 24.92 acres of commercial land. 2,300'frontage on Walston Switch Road. Includes 2,432 sq.ft. renovated brick rancher.
Location Commercial - 24.92 acres located on John Deere Drive (direct Rt. 50 frontage of 2,600'). Over 42,000cars daily. Easy access. Zoned Lt. Business. Water & sewer utilities to the front of the property line.Regional storm water pond lowers cost and gives more usable space.
For Sale
Hanna - Rt. 50/Walston Switch
Presented by
Property Overview
Sale Overview
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Route 50 & Walston Switch Road • Salisbury, MD 21804
Sale Price $4,500,000
Lot Size 204.13 Acres
Zoning Commercial / Agr
Dimensions 2600 x 2300
Topography Wooded & Cleared
Market Eastern Shore of MD
Sub Market Salisbury
Cross Streets US Route 50
HENRY HANNA, CCIM, SIOR410.543.2420
WESLEY COX, CCIM410.543.2421
Land
Hanna - Rt. 50/Walston Switch Location Maps
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Hanna - Rt. 50/Walston Switch Parcel Map
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
8www.svnmiller.com/All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Hanna - Rt. 50/Walston Switch
Henry Hanna, CCIM, SIORSenior AdvisorSperry Van Ness - Miller Commercial Real Estate
Advisor Bio & Contact
Henry H. Hanna, III, CCIM, SIOR serves as the National Director of
Industrial Properties and is a senior advisor for Sperry Van Ness/
Miller Commercial Real Estate. He specializes in the marketing and
sale of industrial and commerical properties. Hanna has
successfully represented banks, developers, investors, commercial
and industrial companies as well as local and state governments.
He has brokered industrial sales including the Northwood Industrial
Park in Salisbury, Maryland; has worked with national and
international companies (from Germany, Italy and Belgium); has
listed, marketed and sold a variety of pharmaceutical, defense,
hi-tech, manufacturing, modular homes and boat building
companies. He has also actively worked with the State of Maryland,
the Department of Business and Economic Development, and
MEDCO - the Maryland Economic Development Corporation.
Notable career highlights for Hanna include representing owners
and developers as a broker for national retail companies including
Walgreens, CVS, Rite Aid, Wawa, 7-11 and Sheetz and many banks.
Currently he is a Mid-Atlantic Team Leader for SVN Asset Recovery
helping local, regional and national banks and their borrowers to
solve real estate issues.
Hanna holds the prestigious Society of Industrial and Office
Realtors designation (SIOR), the Certified Commercial Investment
Member (CCIM) designation.
He served as past chair for the Salisbury University (SU) Foundation
and SU Real Estate Foundation where he volunteers regularly and
provides his expertise and advice on real estate matters.
Hanna earned a Masters of Business Administration from Southern
Illinois University, in addition to a Bachelor of Arts in government
and foreign affairs from the University of Virginia.
Henry Hanna, CCIM, SIOR
Senior Advisor
Phone: 410.543.2420
Email: [email protected]
Fax: 410.543.1439
Address: 206 E. Main Street
Salisbury, MD 21801
Hanna - Rt. 50/Walston Switch
Wesley Cox, CCIMSenior Advisor
Wesley Cox, CCIM serves as a Senior Advisor for Sperry Van
Ness-Miller Commercial Real Estate, specializing in the sale and
leasing of commercial investment property, multifamily, industrial,
retail, office, and land in eastern Maryland and southern Delaware.
Wesley has secured over 125 transactions and participated in over
$100 million in volume in the past 10 years.
Notable career highlights for Wesley include the sale of a 25,000 SF
first class industrial facility to a defense contractor, the negotiation
of a 10 year lease on a 43,200 SF retail space in the Payless
Shopping Center, and the high profile sale of an 11 acre commercial
business park in Fruitland, Maryland that encompassed 2.75 acres
as a Hampton Inn & Suites and 2 acres for a Uno Chicago Grill. Cox
was also involved in the sale of a 160,000 SF former Crown Cork &
Seal industrial facility that was converted into an indoor sports
complex, the Crown Sports Center, now the largest on the east
coast.
As a strong believer in serving the community, Wesley is the
Past-President for the Salisbury Area Chamber of Commerce
Foundation, Inc and serves on the board of directors for the
Salisbury University Perdue School of Business Career Advisory
Board, the Lower Shore American Red Cross, and the Wicomico
Rotary Club. He has been the the author of a newspaper column
and has been featured in the CCIM Real Estate magazine.
Wesley earned the prestigious Certified Commercial Investment
Member (CCIM) designation after only 3 years in the business, is a
CCIM partner, and is a member of the International Counsel of
Shopping Centers (ICSC). Cox received a Bachelor of Science in
business administration with an emphasis in finance as well as a
second Bachelor of Science in management information systems
from Salisbury University and was recognized on the Dean's List
throughout his college career.
Sperry Van Ness - Miller Commercial Real Estate
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Advisor Bio & Contact
Wesley Cox, CCIMSenior Advisor
Phone: 410.543.2421
Email: [email protected]
Memberships & AffiliationsCCIM, ICSC, Coastal Association of Realtors, Sussex CountyAssociation of Realtors, Wicomico Rotary Club, SalisburyUniversity Perdue School of Business Career Advisory Board,Chamber of Commerce Foundation, Chamber of CommerceYoung Professionals Lower Shore Red Cross, SalisburyChristian School assistant soccer coach, West Salisbury LittleLeague assistant coach
Fax: 410.543.1439
Address: 206 E. Main Street
Salisbury, MD 21801
The material contained in this Investment Offering Brochureis furnished solely for the purpose of considering thepurchase of the property within and is not to be used forany other purpose. This information should not, under anycircumstances, be photocopied or disclosed to any thirdparty without the written consent of Sperry Van Ness orOwner, or used for any purpose whatsoever other than toevaluate the possible purchase of the Property.
The only party authorized to represent the Property Owner(“Owner”) in connection with the sale of the Property is theSperry Van Ness Advisor listed in this proposal, and noother person is authorized by the Owner to provide anyinformation or to make any representations other thancontained in this Investment Offering Brochure. If theperson receiving these materials does not choose to pursuea purchase of the Property, this Offering Brochure must bereturned to Sperry Van Ness.
Neither the Sperry Van Ness Advisor nor the Owner makeany representation or warranty, express or implied, as tothe accuracy or completeness of the information containedherein, and nothing contained herein is or shall be reliedupon as a promise or representation as to the futureperformance of the Property. This Offering Brochure mayinclude certain statements and estimates by Sperry VanNess with respect to the projected future performance ofthe Property. These Assumptions may or may not be provento be correct, and there can be no assurance that suchestimates will be achieved. Further, the Sperry Van NessAdvisor and the Owner disclaim any and all liability forrepresentations or warranties, expressed or implied,contained in or omitted from this Investment OfferingBrochure, or any other written or oral communicationtransmitted or made available to the recipient. Therecipient shall be entitled to rely solely on thoserepresentations
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Hanna - Rt. 50/Walston Switch
and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreementbetween it and Owner.
The information contained herein is subject to changewithout notice and the recipient of these materials shall notlook to Owner or the Sperry van Ness Advisor, nor any oftheir officers, employees, representatives, independentcontractors or affiliates, for the accuracy or completenessthereof. Recipients of this Investment Offering Brochure areadvised and encouraged to conduct their owncomprehensive review and analysis of the Property.
This Investment Offering Brochure is a solicitation ofinterest only and is not an offer to sell the Property. TheOwner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase theProperty and expressly reserves the right, at its solediscretion, to terminate negotiations with any entity, for anyreason, at any time with or without notice. The Owner shallhave no legal commitment or obligation to any entityreviewing the Investment Offering Brochure or making anoffer to purchase the Property unless and until the Ownerexecutes and delivers a signed Real Estate PurchaseAgreement on terms acceptable to Owner, in Owner’s solediscretion. By submitting an offer, a prospective purchaserwill be deemed to have acknowledged the foregoing andagreed to release the Owner and the Sperry Van NessAdvisor from any liability with respect thereto.
To the extent Owner or any agent of Owner correspondswith any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statementsas binding Owner. Only a fully executed Real EstatePurchase Agreement shall bind the property and eachprospective purchaser proceeds at its own risk.
Disclaimer | Confidentiality