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Listed by Christopher B. Messick • SVN/Miller Commercial Real Estate
$ 550,000
Est. payment /mo
Active
1205 PEMBERTON DR #105 Salisbury, MD 21801
3,274 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWC2016842
Year Built 2004
Annual Tax Amount $7,825
Tax Year 2024
Lot Size 3,274 Sqft
Acres 0.08
Lot Dimensions 0.00 x 0.00
Property Sub-Type Office
Source BRIGHT
Property Description
Stabilized Single-Tenant NNN Investment | 8.5% Cap Rate
Leased to "Homecall" (A Home Health operator acquired by Amedisys) A nationally recognized healthcare provider. The 5-year lease runs from January 1, 2026 through December 31, 2030.
Homecall was folded into Amedisys, whos credit profile has materially improved following its recent acquisition by Optum, a subsidiary of UnitedHealth Group, one of the largest and most financially stable healthcare companies in the world. This recent billion-dollar transaction effectively elevates Homecall to an institutional-grade healthcare credit, significantly reducing tenant risk and strengthening long-term rent security.
Located on the west side of Salisbury, the property sits adjacent to the Pemberton Business Center and near established residential neighborhoods, an ideal service area for home health operations. Accessibility is exceptional: just 0.3 miles (2 minutes) from MD Route 50, the region's primary east–west corridor connecting the Baltimore/Washington metro to Ocean City, and 1.4 miles (6 minutes) from U.S. Route 13, the Delmarva Peninsula's main north–south artery serving Delaware through Virginia.
Leased to "Homecall" (A Home Health operator acquired by Amedisys) A nationally recognized healthcare provider. The 5-year lease runs from January 1, 2026 through December 31, 2030.
Homecall was folded into Amedisys, whos credit profile has materially improved following its recent acquisition by Optum, a subsidiary of UnitedHealth Group, one of the largest and most financially stable healthcare companies in the world. This recent billion-dollar transaction effectively elevates Homecall to an institutional-grade healthcare credit, significantly reducing tenant risk and strengthening long-term rent security.
Located on the west side of Salisbury, the property sits adjacent to the Pemberton Business Center and near established residential neighborhoods, an ideal service area for home health operations. Accessibility is exceptional: just 0.3 miles (2 minutes) from MD Route 50, the region's primary east–west corridor connecting the Baltimore/Washington metro to Ocean City, and 1.4 miles (6 minutes) from U.S. Route 13, the Delmarva Peninsula's main north–south artery serving Delaware through Virginia.
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning NEIGHBORHOOD BUS. DIST.
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 20.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2309083219
Ownership Fee Simple
Special Listing Condition Standard
