COVENTRY PLAZA SALISBURY, MD STILL MEADOW BLVD
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COVENTRY PLAZA SALISBURY, MD STILL MEADOW BLVD John McClellan, CCIM, SIOR Senior Advisor O: 410.543.2428 john.mcclellan@svn.com Kelly Jeter Advisor O: 410.543.2440 kelly.jeter@svn.com SVN | MILLER COMMERCIAL REAL ESTATE | 206 E. MAIN STREET, SALISBURY, MD 21801 LEASE BROCHURE
Property Summary OFFERING SUMMARY PROPERTY OVERVIEW $14.00 - 20.00 Become part o one o the newest retail/office developments in the Salisbury area! Lease Rate: SF/yr (NNN) New custom commercial development is well underway with delivery in the Spring Building Size: 8,525 SF 2021. Located at a ull movement lighted intersection at the corner o Beaglin Park Dr and Still Meadow Blvd, Coventry Plaza eatures spaces ranging rom 1,000 SF to Available SF: 1,000 - 3,025 SF 5,000 SF or inline space and 1,000-3,025 SF on the pad site with one planned drive Lot Size: thru. The center ronts 288 newly developed apartments, 55 new townhomes with an additional 62 existing townhome units, and is just across the street rom 52 new Planned Residential District single amily homes! A brand new 194 villa development was also just approved to be Zoning: / General developed behind Coventry Apartments that will drastically impact traffic and Commercial increase exposure. You can check out the site plan in this package. The plaza will Eastern Shore o also enjoy connection to a high speed iber optic cable making internet some o the Market: Maryland astest in the City. With an immediate 650 residential units in the surrounding area, the exposure and accessibility at Coventry Plaza are unrivaled. Submarket: Salisbury PROPERTY HIGHLIGHTS Established businesses include Michelle's Pretty Paws, Elegant Nails, Edward Jones, Sound Advice Hearing Aids, and Dr. Debbie Steele Moore Eye Center Over 14,000 vehicles per day Great visibility and exposure COVENTRY PLAZA | 1495 STILL MEADOW BLVD SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 2 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Site Plan COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 3 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
COVENTRY PLAZA SITE Coventry Square Hunter’s Crest Apartments 52 New Single Family 288 brand new Development apartment units Villas at Aydelotte New 200 unit condo duplex development Neighboring Commercial Plaza Spring Village 55 new townhomes The Preserve 61 Townhomes
Available Spaces LEASE TYPE | NNN TOTAL SPACE | 1,000 - 5,500 SF LEASE TERM | Negotiable LEASE RATE | $14.00 - $20.00 SF/yr SUITE TENANT SIZE (SF) LEASE TYPE LEASE RATE DESCRIPTION A Available 1,058 SF NNN $17.00 SF/yr In line office/retail space, con iguration is lexible, build to suit B Available 1,000 SF NNN $14.00 SF/yr In line office/retail space, con iguration is lexible, build to suit C Available 1,090 SF NNN $14.00 SF/yr In line office/retail space, con iguration is lexible, build to suit D Available 1,000 SF NNN $14.00 SF/yr In line office/retail space, con iguration is lexible, build to suit Out Building with Drive Thru Available 1,000 - 3,025 SF NNN $20.00 SF/yr Out building on pad site ronting Beaglin Park Dr, one drive thru available, may divide space COVENTRY PLAZA | 1495 STILL MEADOW BLVD SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 5 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Available Spaces COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 6 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Signage Opportunity COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 7 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Coventry Apartments COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 8 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Aerial Photos COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 9 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Aerial Photos COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 10 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Aerial Photos COVENTRY PLAZA | 1495 STILL MEADOW BLVD SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 11 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 12 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 13 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Beaglin Park Traffic Counts COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 14 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Coventry Plaza Local Residential Projects and Growth COVENTRY APARTMENTS • 288 total units (13 buildings) varying from 1-3 Bedrooms • Rents range from $1,025-$1,435 • 288 total units ~ 95% occupied • Amenities ranging from a clubhouse, pool, and tennis court • Multi family development is immediately behind Coventry Plaza HUNTER’S CREST SUBDIVISION • 52 single family homes slated to be completed Winter 2020 • Prices starting in the low $200,000s • Lots selling at a rapid velocity – only 2-3 lots still available • National builder DR Horton SPRING VILLAGE • 55 new construction townhomes with 62 additional units to be built • Prices starting in the low $100,000s • National builder DR Horton VILLAS AT AYDELOTTE • Coming Soon! Brand new 194 unit development • Units will be one story villa style – 1, 2, and 3 bedrooms • Private driveways and entrances • Immediately behind Coventry Square Apartments • Construction slated to begin Winter 2021 with delivery in Summer 2022 THE PRESERVE • 61 unit townhome development • Established townhome development • Prices range from $200,000-$250,000 • Well maintenance with tasteful street presence
CROSS MARKETING OPPORTUNITIES WITH COVENTRY SQUARE APARTMENTS Tenants of Coventry Plaza will enjoy the benefit of cross marketing with Coventry Square Apartments, a 288 unit development that remains almost 100% occupied. At no additional fee, commercial plaza tenants will receive the following: • Business link and feature on the Coventry Square Apartments website • Social media promotion through all channels • Ability to promote business and offer incentives/deals to apartment residents through their App • Ability to leave collateral at the clubhouse to be shared with all residents • Ability to have collateral/coupons included in new resident welcome packages given to all new tenants upon move in Upon lease execution, you will immediately be granted access to direct marketing to hundreds of potential new clients!
Location Maps COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 17 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Close Proximity To Mall And Rt 13 COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 18 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Demographics Map POPULATION 5 MILES 10 MILES 15 MILES Total population 63,003 113,100 149,545 Median age 33.0 34.9 35.1 Median age (Male) 31.3 33.4 33.8 Median age (Female) 33.9 35.9 35.9 HOUSEHOLDS & INCOME 5 MILES 10 MILES 15 MILES Total households 24,068 42,169 55,500 # o persons per HH 2.6 2.7 2.7 Average HH income $56,400 $64,470 $63,414 Average house value $191,557 $215,250 $217,145 * Demographic data derived rom 2010 US Census COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 19 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Brief Economic Facts WICOMICO COUNTY, MARYLAND New York With its strategic location along the East Coast and situated at the crossroads Washington, DC of Maryland’s Lower Eastern Shore, Baltimore Wicomico County serves as a hub for commerce, industry, health care, education and transportation. Situated Washington, DC halfway between the Atlantic Ocean and the Chesapeake Bay, cultural, recreational Wicomico County, on Salisbury and civic amenities add to the lure of Maryland’s Eastern Shore, Wicomico, offering citizens a lifestyle borders the Chesapeake Bay on the west and Delaware on second to none. the north. Wicomico is the number two agricultural producing county in Maryland, and ranks third in broiler chicken production. Popular crops include corn, Wicomico County’s private sector industries generate $3.9 soybeans, wheat and vegetables. In addition to agriculture and billion in economic output. Major employers are Chesapeake poultry, health care, educational sectors and a diverse industrial Shipbuilding, Delmarva Power, Jubilant Cadista Pharmaceuticals, base offer stability and a firm foundation for Wicomico’s K&L Microwave, Peninsula Regional Medical Center, Perdue economy. Jubilant Cadista Pharmaceuticals recently announced Farms, Salisbury University and Tishcon. the addition of 200 new jobs associated with the expansion of Wicomico County has a 5,223-acre State Enterprise Zone in its Salisbury headquarters and manufacturing facility. Salisbury and a 129-acre zone in Fruitland. LOCATION POPULATION2,3 Driving distance from Salisbury: Miles Kilometers Wicomico County Lower Households Population Eastern Shore* Maryland Atlanta, Georgia 692 1,114 2000 32,218 84,644 155,934 5,296,486 Baltimore, Maryland 102 165 2010 37,220 98,733 176,657 5,773,552 Boston, Massachusetts 430 692 2020** 40,688 106,200 186,050 6,141,900 Chicago, Illinois 793 1,276 New York, New York 219 353 *Somerset, Wicomico and Worcester counties **Projections Philadelphia, Pennsylvania 131 210 S elected places population (2010): Salisbury 30,343; Fruitland Pittsburgh, Pennsylvania 324 521 4,866; Delmar 3,003; Pittsville 1,417; Hebron 1,084 Richmond,Virginia 212 341 Washington, DC 114 183 POPULATION DISTRIBUTION2,3 (2017) CLIMATE AND GEOGRAPHY1 Age Number Percent Yearly Precipitation (inches) 45.2 Under 5 6,225 6.0 Yearly Snowfall (inches) 6.0 5 - 19 21,683 21.1 Summer Temperature (ºF) 76.1 20 - 44 33,780 32.8 Winter Temperature (ºF) 38.7 45 - 64 25,404 24.7 Days Below Freezing 76.0 65 and over 15,831 15.4 Land Area (square miles) 379.1 Total 102,923 100.0 Water Area (square miles) 14.4 Median age 35.9 years Shoreline (miles) 361 Elevation (feet) sea level to 73 2019
Brief Economic Facts WICOMICO COUNTY, MARYLAND LABOR AVAILABILITY3,4,5 (BY PLACE OF RESIDENCE) EMPLOYMENT4 (2017, BY PLACE OF WORK) Labor Mkt. Estab- Annual Avg. Emp. Avg. Wkly. Civilian Labor Force (2017 avg.) County Area* Industry lishments Empl. % Wage Total civilian labor force 51,488 189,552 Federal government 27 281 0.6 $1,227 Employment 48,566 179,096 State government 13 2,749 6.1 865 Unemployment 2,922 10,456 Local government 48 4,885 10.8 809 Unemployment rate 5.7% 5.5% Private sector 2,497 37,193 82.5 839 Residents commuting outside the Number Percent Natural resources and 27 299 0.7 667 county to work (2013-2017) 11,732 24.1% mining Employment in selected occupations (2013-2017) Construction 274 2,072 4.6 943 Management, business, science and arts 16,289 32.7% Manufacturing 97 2,940 6.5 882 Service 10,359 20.8% Trade, transportation 597 9,670 21.4 746 Sales and office 12,198 24.5% and utilities Production, transp. and material moving 6,319 12.7% Information 22 476 1.1 1,168 * Wicomico, Somerset and Worcester counties, MD and Sussex County, DE Financial activities 250 1,841 4.1 970 Professional and business 423 4,357 9.7 1,320 services MAJOR EMPLOYERS6,7 (2018) Education and health 326 9,028 20.0 971 services Employer Product/Service Employment Leisure and hospitality 238 4,737 10.5 308 Peninsula Regional Medical Medical services 2,900 Other services 239 1,772 3.9 515 Center Total 2,585 45,109 100.0 839 Salisbury University Higher education 1,865 Includes civilian employment only Perdue Farms HQ / poultry processing 1,500 Wor-Wic Community Higher education 435 College HOURLY WAGE RATES4 (2017) Jubilant Cadista Generic pharmaceuticals 340 Pharmaceutical Selected Occupations Median Entry Experienced Genesis HealthCare / Nursing care 340 Accountants $27.88 $18.07 $34.41 Salisbury Rehabilitation and Bookkeeping/accounting clerks 16.07 11.54 19.56 Nursing Center Computer user support specialists 20.82 11.06 26.02 Delmarva Power Energy products and 300 Customer service representatives 14.05 10.61 17.84 services Electronics engineering technicians 27.60 18.53 35.21 K&L Microwave Electronics assembly 265 Freight, stock and material 11.76 10.24 14.05 Dove Pointe Services for the disabled 250 movers, hand SHORE UP! Social services 250 Industrial truck operators 20.90 13.87 27.43 Three Lower Counties Social services 250 Inspectors, testers, sorters 12.90 10.14 16.43 BBSI Staffing services 250 Maintenance and repair workers, 16.02 11.21 20.03 Piedmont / American HQ / airline 220 general Airlines Network administrators 35.82 27.71 48.80 Pepsi-Cola Bottling Beverages 200 Packaging and filling machine 13.57 11.44 15.65 Delaware Elevator HQ / elevator installation 170 operators Chesapeake Shipbuilding Shipbuilding / naval 165 Packers and packagers, hand 9.85 9.28 11.09 architecture Secretaries 16.26 11.67 18.73 Tishcon Supplements 165 Shipping/receiving clerks 13.38 10.87 15.45 Verizon Telecommunications 160 Team assemblers 12.66 10.07 15.07 Excludes post offices, state and local governments, national retail and national foodservice; includes higher education Telemarketers 14.27 11.57 21.11 Wages are an estimate of what workers might expect to receive on the Lower Eastern Shore (Somerset, Wicomico and Worcester counties) and may vary by industry, employer and locality
Brief Economic Facts WICOMICO COUNTY, MARYLAND SCHOOLS AND COLLEGES3,8 INCOME3 (2013-2017) Educational Attainment - age 25 & over (2013-2017) Percent Households High school graduate or higher 88.6% Distribution Wicomico Co. Maryland U.S. Bachelor’s degree or higher 27.8% Under $25,000 21.7 14.2 21.3 Public Schools $25,000 - $49,999 25.0 17.1 22.5 Number: 16 elementary; 5 middle/combined; 3 high $50,000 - $74,999 18.5 16.5 17.7 Enrollment: 14,949 (Sept. 2018) $75,000 - $99,999 12.9 13.1 12.3 Cost per pupil: $13,358 (2016-2017) $100,000 - $149,999 13.0 18.7 14.1 Students per teacher: 13.0 (Oct. 2017) $150,000 - $199,999 4.9 9.7 5.8 High school career / tech enrollment: 1,147 (2017) $200,000 and over 4.0 10.7 6.3 High school graduates: 934 (July 2017) Median household $54,493 $78,916 $57,652 Nonpublic Schools Average household $72,948 $103,845 $81,283 Number: 17 (Sept. 2017) Per capita $27,755 $39,070 $31,177 Higher Education Enrollment (‘18) Degrees (‘17) Total income (millions) $2,729 $226,495 $9,658,475 2-year institution Wor-Wic Community College 3,024 397 HOUSING3,10 4-year institution Occupied Units (2013-2017) 37,415 (60.7% owner occupied) Salisbury University 8,556 2,399 Housing Transactions (2018)* The University of Maryland Eastern Shore is located in neighboring Somerset County, and the recently accredited University of Maryland Units sold 1,103 Center for Environmental Science is based in Dorchester County. Median selling price $145,261 *Alll multiple listed properties; excludes auctions and FSBO TAX RATES9 BUSINESS AND INDUSTRIAL PROPERTY6 Wicomico Co. Maryland Industrial sites in the county range from one to 300 acres. Corporate Income Tax (2019) none 8.25% Northwood Industrial Park in the Salisbury area has a total of 350 acres with 50 acres available. Base – federal taxable income Air Business Center (ABC) has sites with direct runway Personal Income Tax (2019) 3.20% 2.0%-5.75% * access for air-related business uses. Long-term land leases are ase – federal adjusted gross income B available. *Graduated rate peaking at 5.75% on taxable income over $300,000 Fruitland Industrial Park has a total of 110 acres with municipal Sales & Use Tax (2019) none 6.0% services and rail access. E xempt – sales for resale; manufacturer’s purchase of raw materials; Westwood Commerce Park, at the intersection of U.S. Route manufacturing machinery and equipment; purchases of materials and 50 and the Salisbury Bypass, offers 260 acres served by equipment used in R&D and testing of finished products; purchases Salisbury city water and sewer, as well as natural gas and high- of computer programs for reproduction or incorporation into speed voice and data lines. another computer program for resale Salisbury Airport Incubator provides below market lease rates Real Property Tax (FY 19) $0.9398 $0.112 with flexible terms to technology-oriented firms. Effective rate per $100 of assessed value Business Incubator In an incorporated area a municipal rate will also apply Salisbury Airport Incubator, Salisbury Business Personal Property Tax (FY 19) $2.1715 none Market Profile Data (2018) Low High Average Rate per $100 of depreciated value Land – cost per acre Exempt – manufacturing and R&D machinery, equipment, materials Industrial $17,000 $125,000 $40,000 and supplies; manufacturing, R&D and warehousing inventory In an incorporated area a municipal rate will also apply; municipal Office $22,000 $250,000 $60,000 exemptions may be available Rental Rates – per square foot Major Tax Credits Available Warehouse / Industrial $2.00 $7.00 $4.50 One Maryland, Enterprise Zone, Job Creation, More Jobs for Flex / R&D / Technology $5.00 $14.00 $9.50 Marylanders (Tier 1), R&D, Biotechnology and Cybersecurity Investment, Arts & Entertainment District Class A Office $6.50 $15.00 $11.00
Brief Economic Facts WICOMICO COUNTY, MARYLAND TRANSPORTATION UTILITIES Highways: U.S. 13 and U.S. 50 Electricity: Delmarva Power and Choptank Electric Rail: Norfolk Southern Railway Cooperative, Inc.; customers of investor-owned utilities and Truck: More than 70 local and long-distance trucking major cooperatives may choose their electric supplier establishments are located on the Lower Eastern Shore Gas: Natural gas supplied by Chesapeake Utilities Corporation; Water: Wicomico River, 14 ft. channel at Salisbury; Port of customers may choose their gas supplier Salisbury is the second largest in Maryland; also served by the Water: Municipal systems in Delmar, Fruitland, Hebron, Pitts- Port of Baltimore, 50’ channel; a leading U.S. automobile and ville, Salisbury, Sharptown and Willards break-bulk port; seven public terminals including the state-of- Sewer: Municipal systems in Delmar, Fruitland, Hebron, Pitts- the-art Intermodal Container Transfer Facility ville, Salisbury, Sharptown, Willards and Air Business Center Air: The Salisbury-Ocean City Wicomico Regional Airport, Telecommunications: Predominant local carrier - Verizon 4.5 miles east of Salisbury, offers runway lengths of 5000’ Maryland; long distance carriers - AT&T,Verizon, Sprint Nextel and 6400’, a full instrument landing service (ILS), aviation fuel, and others; AT&T,Verizon and Sprint PoPs are located in charter service, and an industrial park with runway access; Salisbury commercial passenger service provided by American Airlines to Philadelphia and Charlotte; airport is home to numerous corporate clients, a small business incubator and a FedEx distribution center; UPS has a regional distribution center in GOVERNMENT11 Salisbury County Seat: Salisbury Government: County executive; seven council members (two elected at large and five from districts) for four-year terms; RECREATION AND CULTURE charter form of government allows for the separation of the Parks and Recreation: Five state parks provide camping and executive from the legislative branch; lawmaking powers are natural beauty; other activities include swimming, fishing– vested in an elected legislative body including deep sea fishing–boating, golfing, skeet, trap and Robert L. Culver, Jr., County Executive 410.548.4801 silhouette shooting, hiking, biking, canoeing, bird watching, and John T. Cannon, President, County Council 410.548.4696 country and yacht club activities Website: www.wicomicocounty.org Sports: Collegiate athletic events, tennis and professional golf County Bond Rating: AA+ (S&P); Aa2 (Moody’s); AA (Fitch) tournaments; horse racing (trotting) at Ocean Downs; a Hunt Club/Pony Club; Wicomico County is home to the Delmarva Salisbury-Wicomico Economic Development, Inc. Shorebirds, a Class A minor league affiliate of the Baltimore David Ryan, Executive Director Orioles One Plaza East, Suite 501 • P. O. Box 4700 Cultural: Summer band, big band, and rock music concerts; Salisbury, Maryland 21803 national country western shows; the Salisbury Symphony; Telephone: 410.749.1251 dinner theater plays; a Council of Arts serves the area, as does Email: info@swed.org the largest civic center on the Delmarva Peninsula www.swed.org Arts & Entertainment District: Salisbury Sources: Attractions: Ward Museum of Wildfowl Art, antique auto clubs 1 National Oceanic and Atmospheric Administration (1981-2010 normals); Maryland Geological Survey and shows, and a first-class zoo 2 Maryland Department of Planning Events: Salisbury Festival, Pork in the Park, Autumn Wine 3 U.S. Bureau of the Census Festival, Good Beer Festival celebrating craft beers, World 4 Maryland Department of Labor, Licensing and Regulation, Office of Workforce Wildfowl Carving Show, and tours of historic homes Information and Performance 5 U.S. Bureau of Labor Statistics 6 Salisbury-Wicomico Economic Development, Inc. 7 Maryland Department of Commerce 8 Maryland State Department of Education; Maryland Higher Education Commission 9 Maryland State Department of Assessments and Taxation; Comptroller of the Treasury 10 Maryland Association of Realtors 11 Maryland State Archives; Maryland Association of Counties
Advisor Bio JOHN MCCLELLAN, CCIM, SIOR Senior Advisor john.mcclellan@svn.com Direct: 410.543.2428 | Cell: 410.430.9964 PROFESSIONAL BACKGROUND John McClellan, CCIM, SIOR serves as a Senior Advisor or SVN/Miller Commercial Real Estate specializing in the sale and lease o office, industrial, and retail property on the Eastern shore o Maryland and Delaware. McClellan brings over 32 years o commercial real estate experience and has secured well over 3,000 transactions, resulting in a career brokerage volume in excess o $400 million. McClellan has success ully brokered retail, office, and industrial properties or sale and lease. These include a $9.6 million sale o Gateway Crossing, a $2.75 million sale o the Standard Register plant, and $2.2 million industrial lease with Grayling Industries. Past clients and customers include Pepsi Cola, Field Container, Perdue Farms, UPS, Delmarva Power, Gannett Newspapers, Advance Auto, CVS, 84 Lumber, Chick-Fil-A, The General Services Administration, and many others. He is past President o the Salisbury Area Chamber o Commerce and presently serves on the advisory board or M&T Bank. McClellan is a 1984 graduate o Penn State University with a BS in Accounting. He was co ounder and operator o SubRunners (sub delivery) rom 1986 - 2003. He holds the prestigious CCIM and SIOR designations. EDUCATION Bachelor o Science in Accounting rom Pennsylvania State University MEMBERSHIPS Society o Industrial and Office Realtors (SIOR) - only 3,100 industrial and office real estate broker are recognized as SIOR designees Commercial Investment Member (CCIM) Lower Shore Advisory Board or M&T Bank Salisbury Area Chamber o Commerce Peninsula Commercial Alliance - Past President SVN | MILLER COMMERCIAL REAL ESTATE 206 E Main Street COVENTRY PLAZA | 1495 STILL MEADOW BLVD SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 24 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Advisor Bio KELLY JETER PROFESSIONAL BACKGROUND Advisor Kelly has a background in retail sales and management with an emphasis in ashion merchandising. She transitioned into real estate in the middle o 2016 when she joined The McClellan Team at SVN-Miller. Kelly started as John's assistant and became a licensed real estate agent in 2017. From there she has transitioned into an Advisory role as she has brokered numerous commercial sales and leases over the past 3 years. Kelly is now pursuing her CCIM designation and is in the process o taking her classes with the CCIM Institute and working towards the production threshold. EDUCATION Kelly received her Bachelor o Science degree rom University o South 206 E. Main Street Carolina in Retailing and graduated with Summa Cum Laude recognition. Salisbury, MD 21801 T 410.543.2440 C 443.758.7170 kelly.jeter@svn.com COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 25 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
Disclaimer The material contained in this O ering Brochure is urnished solely or the purpose o considering a lease o a portion o the property within and is not to be used or any other purpose. This in ormation should not, under any circumstances, be photocopied or disclosed to any third party without the written consent o the SVN® Advisor or Property Owner (“Owner”), or used or any purpose whatsoever other than to evaluate the possible lease o the Property. The only party authorized to represent the Owner in connection with the lease o the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any in ormation or to make any representations other than contained in this Lease O ering Brochure.I the person receiving these materials does not choose to pursue a lease o the Property, this Lease O ering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness o the in ormation contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the uture representation o the Property. This Lease O ering Brochure may include certain statements and estimates by SVN with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability or representations or warranties, expressed or implied, contained in or omitted rom this Lease O ering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any inal, ully executed and delivered Real Estate Lease Agreement between it and Owner. The in ormation contained herein is subject to change without notice and the recipient o these materials shall not look to Owner or the SVN Advisor, nor any o their officers, employees, representatives, independent contractors or affiliates, or the accuracy or completeness thereo . Recipients o this Lease O ering Brochure are advised and encouraged to conduct their own comprehensive review and analysis o the Property. This Lease O ering Brochure is a solicitation o interest only and is not an o er to lease the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions o interest to lease the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, or any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Lease O ering Brochure or making an o er to lease the Property unless and until the Owner executes and delivers a signed Real Estate Lease Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an o er to lease, a prospective lessee will be deemed to have acknowledged the oregoing and agreed to release the Owner and the SVN Advisor rom any liability with respect thereto. To the extent Owner or any agent o Owner corresponds with any prospective lessee, any prospective lesse should not rely on any such correspondence or statements as binding Owner. Only a ully executed Real Estate Lease Agreement shall bind the property and each prospective purchaser proceeds at its own risk. COVENTRY PLAZA | 1495 STILL MEADOW BLVD, SALISBURY, MD 21804 SVN | Miller Commercial Real Estate | Page 26 The in ormation presented here is deemed to be accurate, but it has not been independently veri ied. We make no guarantee, warranty or representation. It is your responsibility to independently con irm accuracy and completeness. All SVN® offices are independently owned and operated.
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