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.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.