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12431 Beach Highway - Greenwood Office, Greenwood, DE

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12431 Beach Highway - Greenwood Office

Greenwood, DE 19950 - Sussex County Ind Submarket

Property Type:Industrial Sub Type:Manufacturing Status:Existing Year Built:-
Building Size:12,980 SF Land Area:3.5 AC (152,460 SF)
Ceiling Height:- Loading Docks:1 ext Rail:- Power:-
For Sale Price:$835,000 Price/SF:$64.33
Cap Rate:-
Zoning:commercial Sprinklers:- Drive Ins:6 tot./7'0''w x 12'0''h Cranes:-
Parking:Free Surface spaces are available; Ratio of 1.54/1,000 SF Amenities:Signage

Sale Notes:
12, 980 SF Light Industrial (zoning) property located on busy Route 16, just east of Greenwood, DE. 3,052 SF of office space, 8,328 SF of manufacturing space and 1,600 SF of warehouse space. Ample power, 2 restrooms, high ceilings, and large truck doors, with one ramp. There has been some updating to building and systems. 25,000 SF of paved parking, per appraisal. Unique zoning for Sussex County with many possibilities. Could be split up into smaller units for lease. Rear 2 acres are zoned AR-1 and are currently tilled by local farmer. Currently leased until 5/31/17 with two five year options, increases at 3% per year. Annual rent at $54,334.32

Keller Williams Commercial
William Lucks
(302) 703-0377

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