www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29088942
29092190

511 Linden Ave, Pocomoke City, MD 21851

DA
FL FL BK3274104, VA VA 0225094359
S.L. Nusbaum Realty Co
AK
VA 0225274839
S.L Nusbaum Realty Co
Listed by S.L. Nusbaum Realty Co, S.L Nusbaum Realty Co
$3,915,770
153 days on market
Updated 62 days ago

Pocomoke Crossing Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 59,816
Occupancy 48%
Tenancy Multi
Lease Type NN+
Pro-Forma Cap Rate 9%
Pro-Forma NOI $352,419
Price per SqFt $65
Broker Co-Op Yes
Year Built 1973
Year Renovated 2025
Buildings 3
Acreage 10.240
Investment Type Value Add
Ownership Fee Simple

Great Value-Add at Signalized Corner on Rte 13

Marketing description

Pocomoke Crossing is a 10.24ac neighborhood shopping center in the heart of the city’s retail corridor along Route 13 in Pocomoke City, MD. It is located on Maryland’s Eastern Shore, at the gateway corner leading to Salisbury (35 minutes north) and Ocean City (45 minutes northeast).

The entire center contains approximately 59,816SF. Of that, approximately 48% is leased to national and local tenants including Advance Auto Parts, Dollar General and Rent-A-Center, all three of whom have been in the shopping center for more than 20 years. There is approximately 19,967SF of vacant space inline, along with a former Rite Aid outparcel containing approximately 11,219SF.

There is approximately 1.3ac of vacant land on the far north end of the parcel that is ready for development. That portion of the center once housed a Roses department store.

The property is well positioned for a buyer looking for value-add opportunities. The Pocomoke City Economic Development Director tells SLN Capital Markets that the area is growing with new residential housing starts in the downtown area as well as near the city’s high school.

Investment highlights

Value-Add with Below Market Rents.

Short-Term Leases with Upcoming Rent Bumps in 2026 and 2027.

Prime Visibility on U.S. Route 13 on Maryland’s Eastern Shore.

47% of inline GLA is Leased to National Tenants (Dollar General, Advance Auto Parts, Rent-A-Center) with 13-28 Year Operating History.

Highly Visible Two-Sided Pylon Sign.

Recent Capital Improvements (roof, parking lot, HVAC, vacant tenant spaces).

Abundant Parking.

1.3ac Pad-Ready Site and Outparcels Ripe for Redevelopment.

Strong Worcester County Public School System.

Proximity to NASA’s Wallops Island (1400 employees).

Listing Contacts

DA
FL FL BK3274104, VA VA 0225094359
S.L. Nusbaum Realty Co
AK
VA 0225274839
S.L Nusbaum Realty Co
Listed by S.L. Nusbaum Realty Co, S.L Nusbaum Realty Co

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
michael albo
License
678058
Brokerage
MFI Realty
Brokerage Phone
410-308-0700
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591