THE PACKING HOUSE 411 A DORCHESTER AVENUE CAMBRIDGE, MD 21613 Robert H. Greenlee Managing Director 443.390.2600 x102 bob.greenlee@svn.com Sharon Spedden 410.228.2525 sharon@sharonre.com SVN MILLER COMMERCIAL REAL ESTATE 19 BAY STREET, EASTON, MD 21601 LEASE BROCHURE
Property Summary OFFERING SUMMARY Available SF: Lease Rate: Lot Size: 2,910-25,120 SF $17.00-25.00 SF/yr (NNN) 1.94 Acres PROPERTY OVERVIEW Food, Farming & Fishing is the focus of this incredible project located just off of US Route 50 in Cambridge. A synergistic mix of tech & creative entrepreneurs, food production and food related retail/eateries including a 2 story atrium for public programs & private event space. * 7 Units on First Floor ranging from 2,910 SF to 7,985 SF * 1 Unit on Second Floor comprising 25,120 SF Year Built: 1929 Building Size: 60,596 SF Renovated: 2018 Zoning: I-1 Market: Eastern Shore of Maryland Submarket: Cambridge PROPERTY HIGHLIGHTS Potential uses: Office, small and medium-scale food production, light manufacturing, retail and event space 12-40 foot ceilings, factory windows, skylights, and exposed brick walls 120 onsite parking spaces and loading bay Event Space Capacity - 540+ Cannery Park - 6.6 acre, city-owned property adjacent to the building that will become a new central park for the town Outdoor dining area Certified historic preservation targeting LEED Gold certification THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 2
Proposed Renderings THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 3
Proposed First Floor THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 4
Proposed Second Floor THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 5
Location Maps THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 6
Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population 2,311 17,289 27,413 Median age 42.7 41.0 42.6 Median age (male) 38.6 37.9 40.4 Median age (Female) 43.0 41.3 43.0 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 1,057 7,440 11,632 # of persons per HH 2.2 2.3 2.4 Average HH income $50,455 $52,021 $61,642 Average house value $291,928 $280,701 $354,061 * Demographic data derived from 2010 US Census THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 7
ADVISOR BIO ROBERT H. GREENLEE Managing Director PROFESSIONAL BACKGROUND 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 in 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. 19 Bay Street Easton, MD 21601 T 443.390.2600 x102 C 410.714.9766 bob.greenlee@svn.com MD #510675 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 matters related to the acquisition and investment management functions in corporate, family, and private equity real estate platforms. His commercial real estate appraisal and economic consulting services are performed on the Delmarva Peninsula and along the entire East Coast, where he has personally completed over a thousand studies, covering $5B+ dollars of real estate. SVN Miller CRE clients and fellow advisors benefit from his economic analysis, strategic planning and development of value enhancement strategies. With an undergraduate degree in Finance from the University of South Carolina and a master's degree in Economics earned at Loyola University of Maryland, Mr. Greenlee has been very involved in the local and regional communities for many years with a particular focus on economic development and comprehensive planning. Greenlee is a licensed real estate salesperson in Maryland and a Certified General Appraiser in the States of Maryland and Delaware. He is also a Practicing Affiliate member of the Appraisal Institute. THE PACKING HOUSE 411 A DORCHESTER AVENUE, CAMBRIDGE, MD 21613 SVN Miller Commercial Real Estate Page 8