About 810 Chesapeake Dr
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. 27' clear height throughout the warehouse offering excellent flexiblity for racking,stacking or high-bay operations. Top tier electrical infrastructure to support high-power manufacturing operations. Food-grade ready - super clean, immaculate condition and professionally maintained. Industrial satefy features include yellow guard rails around the interior perimeter. 4 electric forklift docking/charging stations. Efficient, modern LED lighting throughout designed for bright, high visibility operations. 3 Drive-in doors 14 x 12 and 5 docks 9 x 8. Professional 2,500 sq.ft. office with kitchen, conference room, private offices and separate office in the warehouse with lounge and restroom for drivers.
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 | Active |
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 |
Exterior
| Exterior | Metal Siding |
|---|---|
| Roof | Metal |
| Construction | Metal Siding |
| Foundation | Slab |
Additional Information
| Date Listed | June 2nd, 2025 |
|---|---|
| Days on Market | 427 |
| Zoning | INDUSTRIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SVN/Miller Commercial Real Estate |
|---|
