810 Chesapeake Drive

Located at 810 Chesapeake Drive, Cambridge, MD just one block off of US Route 50. The property is in a thriving industrial community with essentially a 0% vacancy rate. The location sits in the mid-shore of the Delmarva Peninsula offering great transportation routes serving a wide population.Single-tenant NNN industrial investment property in Cambridge, MD constructed in 2022. The building was fit-out specifically for this tenant who is two years into their first term. The current rent is $644,700 plus NNN with 3% annual increases. Tenant has two (2) five (5) year renewal options. 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 tenant is Bay Valley Foods - a division of TreeHouse Foods - the #1 pickle & pepper supplier in the US. With the tenant's main manufacturing facility being across the street, there is a very low chance the tenant would ever relocate, and the tenant has said they will exercise their first option to renew early.