Five Guys

Explore the vibrant city of Salisbury, MD where the property is ideally situated to attract potential investors. Nestled in the heart of Maryland’s Eastern Shore and the county seat of Wicomico County, Salisbury offers a dynamic blend of business and leisure opportunities and is the fastest-growing city in the state of Maryland. The area is home to Salisbury University, a major regional hub for higher education and a key driver of innovation and talent. With a rich cultural scene, diverse dining options, and easy access to major transportation routes, the location presents an enticing prospect for investors seeking a prime strategic location across from Salisbury University. The subject property is located directly across the street from Salisbury University and in the most transformative corridors in Wicomico County with over a dozen properties along this short dense stretch of road being redeveloped into thriving commercial centers.The Hanna Team at SVN - Miller Commercial Real Estate is proud to present the retail investment opportunity of this 6,600 SF building strategically positioned on U.S. Rt 13 across from Salisbury University. Being a highly-visible location, this property presents an attractive opportunity for retail investors (or users) seeking maximum exposure in a prime location. The property's proximity to Salisbury University and its 8,000 +/- total staff & enrollment, a 700+/- bed student housing complex across the street, a nearby hospital with 3,000+/- employees, all the adjacent and nearby retailers, and the 24,000+/- cars traveling past this property every day ensures a steady flow of potential customers. Originally built in 1969 and renovated in 2010 for Five Guys, and again in 2021 with a new roof, this property offers modern functionality within a dynamic retail environment. With General Commercial zoning adding flexibility for a variety of commercial uses, this is a compelling opportunity for savvy investors and/or users as there is currently one vacancy at the property that could be owner-occupied. Five Guys currently leases 3600 SF of the building with an additional 3000 SF currently vacant. There was a new roof installed in October 2021 limiting future capital repairs.