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Cambridge Landing 309 Sunburst Hwy 18,130 SF 100% Leased Retail Building Cambridge, MD 21613 For Sale
Investment Highlights
- 18,130 SF retail strip center on Maryland’s Eastern Shore anchored by a long-term Social Security Administration lease
- Diverse tenant mix featuring government, medical, food and service retailers
- High visibility location with 280 ± feet of frontage on US Route 50 (30,000+ vehicles per day)
- Numerous recent capital improvements, including new 10-year warranted Durolast roof (2024), new gutters and downspouts, new facade, new pylon
Executive Summary
Cambridge Landing is an 18,130 SF ±, 100% occupied retail strip center located at 309 Sunburst Highway in Cambridge, Maryland. The property features a diverse tenant mix including government, medical, food, and service users, and is anchored by a long-term Social Security Administration lease. Positioned on US Route 50 with ±280 feet of frontage and exposure to over 30,000 vehicles per day, the asset offers strong visibility and accessibility. Recent capital improvements include a new 10-year warranted roof (2024), updated façade, signage, and exterior repaint. The 1.503 acres ± site includes 66 surface parking spaces and is located within an Opportunity Zone, presenting additional investment appeal.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,130 SF
Building Class
B
Year Built
1988
NOI
$340,986 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
GC - GC (City of Cambridge) - General Commercial
Parking
66 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
280’ on Sunburst Highway (US-50)
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Great Wall Of China Inc
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Vape It
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Great Wall Of China Inc | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Vape It | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-116616 | Improvements Assessment | $985,030 CAD |
| Land Assessment | $859,264 CAD | Total Assessment | $1,844,294 CAD |
Property Taxes
Parcel Number
07-116616
Land Assessment
$859,264 CAD
Improvements Assessment
$985,030 CAD
Total Assessment
$1,844,294 CAD
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Cambridge Landing | 309 Sunburst Hwy
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