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29043407
29043408

1205 Pemberton Dr, Salisbury, MD 21801

JM
MD 96265
SVN | Miller Commercial Real Estate Salisbury
SVN | Miller Commercial Real Estate Salisbury
Listed by SVN | Miller Commercial Real Estate Salisbury
$550,000
464 days on market
Updated 67 days ago

1205 Pemberton Dr Ste 105

Details
APN 09-083219
Property Type Office
Sub Type Medical Office, Professional Office
Square Footage 3,274
Cap Rate 8.48%
NOI $46,622
Tenancy Single
Brand/Tenant Amedisys Home Health Care
Lease Type NNN
Lease Term 5
Lease Expiration 12/31/2030
Remaining Term 5
Price per SqFt $168
Class A
Year Built 2004
Buildings 1
Stories 1
Zoning NB-Neighborhood Business District
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/01/2026
Occupancy Date 01/01/2026

Medical / Professional Office for Sale

Marketing description

Stabilized Single-Tenant NNN Investment | 8.5% Cap Rate
Leased to "Homecall" (A Home Health operator acquired by Amedisys) A nationally recognized healthcare provider. The 5-year lease runs from January 1, 2026 through December 31, 2030.
Homecall was folded into Amedisys, whos credit profile has materially improved following its recent acquisition by Optum, a subsidiary of UnitedHealth Group, one of the largest and most financially stable healthcare companies in the world. This recent billion-dollar transaction effectively elevates Homecall to an institutional-grade healthcare credit, significantly reducing tenant risk and strengthening long-term rent security.

Located on the west side of Salisbury, the property sits adjacent to the Pemberton Business Center and near established residential neighborhoods, an ideal service area for home health operations. Accessibility is exceptional: just 0.3 miles (2 minutes) from MD Route 50, the region’s primary east–west corridor connecting the Baltimore/Washington metro to Ocean City, and 1.4 miles (6 minutes) from U.S. Route 13, the Delmarva Peninsula’s main north–south artery serving Delaware through Virginia.

Investment highlights

  • Single Tenant NNN

  • 8.5 Cap Rate

  • Homecall (Amedisys Home Health Care)

  • 5 year lease (2026-2030)

Listing Contacts

JM
MD 96265
SVN | Miller Commercial Real Estate Salisbury
SVN | Miller Commercial Real Estate Salisbury
Listed by SVN | Miller Commercial Real Estate Salisbury

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$46,622.00
$3,885.17/mo

Valuation Metrics

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DSCR
8.48%
Cap Rate
8.48%
ROI

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