

810 Chesapeake Drive
70,000 SQ.FT. Food Grade Industrial Facility Sale or Lease
Marketing description
Now Vacant and availlable for immediate occupancy - Sale - Lease or Sublease - This offering consists of a single-tenant NNN industrial investment property located in Cambridge, MD constructed in 2022. Existing tenant is under obligation to pay rent through 1/2028. The current rent is $644,700 plus NNN with 3% annual increases. 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 current tenant, Bay Valley Foods—a division of TreeHouse Foods and the nation’s leading pickle and pepper supplier—will not be renewing its lease. The property is now available for sublease, long term lease or sale as vacant for a user. The Landlord and Tenant maintain a positive working relationship, allowing flexibility for a sublease through January 18, 2028, or the potential for a longer-term lease arrangement.
Lease rate is $9.75 per sq.ft.
As of 1/2025 there are 24 months of income remaining with add’l $60,000 annual income availalbe with signing of solar roof top lease.
Investment highlights
NOW VACANT AND AVAILABLE FOR IMMEDIATE OCCUPANCY - SALE/LEASE OR SUBLEASE OPTONS
NNN Industrial Investment
#1 supplier in their industry nationwide
3% annual increases.
2 year old construction
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