Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

Wesley Cox Sells Aydelotte Commons Center

APRIL 2016, SALISBURY, MD Wesley Cox, CCIM, Senior Advisor with the Hanna Team at SVN | Miller Commercial Real Estate recently sold the retail and office center known as Aydelotte Commons. The center is located on the northeast collector road (Beaglin Park Drive) in Salisbury, MD. The property consists of a 10,500 square foot building divided into 7 units situated on 1.32 acres at the lighted main entrance of the Villages at Aydelotte Farms, a major subdivision in Salisbury. Current tenants include Edward Jones, Dr. Debbie Steele – Low Vision Specialists, and Michelle’s Pretty Paws. The property was purchased by an investor for $900,000.

Wesley comments, “This represents my third sale of an investment property in the last 30 days with each respective buyer needing to complete a 1031 Tax Deferred Exchange. This is a strong indicator of a robust marketplace and a growing confidence in commercial real estate investments. The property will generate immediate income for the buyer and will also give him great upside potential with the future growth of the Villages at Aydelotte Farms subdivision. The out of area buyer was attracted to Salisbury for many reasons and I look forward to continuing our relationship through future investments.

For more information about this transaction or available investment properties on the Delmarva Peninsula, contact Wesley Cox at wesley.cox@svn.com or call 410-543-2421.

Stay Informed

Your Name*

Your Email*

Verify that you are a human*

Get Social

Contact Us

Salisbury, MD Office:
Main: 410.543.2440

Bethesda, MD Office:
Main 301.526.2594

Seaford, DE Office:
Main: 302.629.2440

Easton, MD Office:
Main: 443-390-2600

Onley, VA Office:
Main: 757-379-2472