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Current Brochure FOR LEASE | RETAIL KENT ISLAND PARK SHOPPING CENTER 1205 Shopping Center Rd | Stevensville, MD 21666 PRESENTED BY: PROPERTY HIGHLIGHTS RICK TILGHMAN, CCIM, CPM Director Of Property Management 410.543.2440 2,500 - 20,000 S/F Available [email protected] Located on U.S. Route 50 ROBERT H. GREENLEE Managing Director Trafficolume V of over 75,000 Cars Per Day 443.390.2600 X102 [email protected] MD #510675 JOHN FOSTER Advisor 443.390.2600 X106 [email protected] All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. EXECUTIVE SUMMARY KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Executive Summary LEASE OVERVIEW PROPERTY DESCRIPTION Neighborhood Center fronting U.S. Route 50 AVAILABLE SF: 2,500 - 20,000 SF $8.00 - 15.00 SF/Yr LEASE RATE: (NNN) LOT SIZE: 4.63 Acres BUILDING SIZE: 46,000 SF 1954, Completely YEAR BUILT: Renovated In 2002 ZONING: Commercial MARKET: Kent Island SUB MARKET: Eastern Shore Of MD All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 2 PROPERTY DESCRIPTION KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Property Description PROPERTY OVERVIEW Neighborhood Center with frontage on the north side of U.S. Route 50. Now under new ownership and new management, currently re-imagining the center, updating the tenant mix and investing in all facilities. LOCATION HIGHLIGHTS U.S. Route 50 frontage just east of the Chesapeake Bay Bridge between Stevensville and Chester. Adjacent to the new Cult Classic Brewing Company and across the street from The Four Seasons at Kent Island - a 562-acre, 1079-home resort community delivering its first homes in Fall 2018. TRAFFIC COUNT & ACCESS Traffic Volume of over 75,000 Cars Per Day. This center is the only one on the north (west bound) side of the highway, and the only one on Kent Island with direct access. OPPORTUNITY Multiple spaces can be reconfigured and consolidated into a 20,000 square foot block of contiguous space, with end cap. With a new town center on one side and the busy beach highway on the other, tenants will have two "fronts" and can double their impact. VISIBILITY & SIGNAGE Pylon signage available. Building signage available on front facing US Route 50 and rear facing MD Route 18. All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 3 AVAILABLE SPACES KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Available Spaces Lease Rate: $8.00 - 15.00 SF/YR (NNN) Total Space 2,500 - 20,000 + SF Lease Type: NNN Lease Term: SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS 1209 Neighborhood Center $8.00 - 15.00 SF/YR NNN 2,500 SF Negotiable 1203 Neighborhood Center $8.00 - 15.00 SF/YR NNN 3,250 SF Negotiable 1227 Neighborhood Center $8.00 - 15.00 SF/YR NNN 2,500 SF Negotiable 1243 Neighborhood Center $8.00 - 15.00 SF/YR NNN 3,000 SF Negotiable 1205 Neighborhood Center $8.00 - 15.00 SF/YR NNN 12,000 SF Negotiable All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 4 ADDITIONAL PHOTOS KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Additional Photos All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 5 KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Retailer Map All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 6 REGIONAL MAP KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Regional Map 1205 Shopping Center Rd All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 7 LOCATION MAPS KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Location Maps All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 8 SITE PLAN KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Site Overview All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 9 DEMOGRAPHICS MAP KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Demographics Map POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 1,198 11,032 23,223 MEDIAN AGE 39.1 39.6 41.7 MEDIAN AGE (MALE) 37.3 38.5 41.6 MEDIAN AGE (FEMALE) 39.6 40.1 41.6 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 438 4,034 8,730 # OF PERSONS PER HH 2.7 2.7 2.7 AVERAGE HH INCOME $89,140 $89,746 $102,817 AVERAGE HOUSE VALUE $448,708 $447,534 $488,207 All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 10 DEMOGRAPHICS MAP KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Demographics Map POPULATION 3 MILE 5 MILES 10 MILES TOTAL POPULATION 1,198 11,032 23,223 MEDIAN AGE 39.1 39.6 41.7 MEDIAN AGE (MALE) 37.3 38.5 41.6 MEDIAN AGE (FEMALE) 39.6 40.1 41.6 HOUSEHOLDS & INCOME 3 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 438 4,034 8,730 # OF PERSONS PER HH 2.7 2.7 2.7 AVERAGE HH INCOME $89,140 $89,746 $102,817 AVERAGE HOUSE VALUE $448,708 $447,534 $488,207 All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 11 KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Advisor Bio Rick Tilghman, CCIM, CPM Director of Property Management SVN | Miller Commercial Real Estate Rick Tilghman, CCIM serves as Director of Property Management for SVN/Miller Commercial Real Estate specializing in the asset management of commerical properites; Retail, Office, Industrial, Multi-Family and Condo Associations. Tilghman also serves as a Senior Advisor specializing in the sales and leasing of commercial properties. Since starting his Commercial Real Estate career in 2005, Tilghman has been involved in over 300 commercial real estate transactions. Prior to joining SVN, Tilghman served as a sales manager for Carmax Laurel Toyota where he increased sales volume by 1,200 cars per month. Tilghman was responsible for approximately 15 sales consultants and their training, consulting, closings and customer service. Career highlights for Tilghman include being named "Top Memberships & Affiliations Manager" nationwide and holding the title for record number of car sales in one month. CCIM - Certified ommerC cial Investment Member CPM - Certified Property Manager Active in his community, Tilghman currently serves as the Chairman ICSC member - International Council of Shopping for Junior Achievement of the Eastern Shore, member of the Lion's Centers Club, and is head coach of the boy's varsity soccer at Salisbury NAR - National Association of Realtors CAR - Coastal Association of Realtors Christian School; he is also a member of the Salisbury Area Chamber of Commerce. Phone: 410.543.2440 Fax: 410.543.1439 Tilghman earned the prestigious Certified Commercial Investment Member (CCIM) designation within his first 2 years in the business and Cell: 443.366.2675 has earned his Certified Property Manager (CPM) designation. Email: [email protected] Address: 206 E. Main Street Salisbury, MD 21801 All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 12 KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD Advisor Bio Robert H. Greenlee Managing Director SVN | Miller Commercial Real Estate Robert H. Greenlee serves as Managing Director and Senior Advisor for the Easton-based Chesapeake office of SVN | Miller Commercial Real Estate. Greenlee has been a recognized leader the regional investment real estate market for 30 years. As a real property economist and commercial real estate professional, he has a long history driving transformative, value-based real estate results by devising and executing wealth maximizing, and sustainable property ownership plans. Greenlee specializes in mid-market brokerage, third party asset management, and analytics. He has extensive experience providing a broad range of valuation, strategic analysis, and transaction advisory services involving institutional and investment grade assets, as well as owner occupied real estate. He has direct client involvement in all MD #510675 matters related to the acquisition and investment management Phone: 443.390.2600 x102 functions in corporate, family, and private equity real estate platforms. Fax: 443.821.7908 Cell: 410.714.9766 His commercial real estate appraisal and economic consulting services are performed on the Delmarva Peninsula and along the Email: [email protected] entire East Coast, where he has personally completed over a Address: 19 Bay Street thousand studies, covering $5B+ dollars of real estate.
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