101 Laurel Rd - Retail FOR SALE
Millsboro, DE 19966 |
$3,600,000 USD
703-559-7190
101 Laurel Rd
Millsboro, DE 19966
HIGHLIGHTS
- Established Advance Auto Parts – On the main thoroughfare along Dupont Blvd (Hwy 20) the dominant hard corner in Millsboro DE.
- With roughly 8 years of remaining lease term Advance Auto Parts is a thriving retailer providing necessity based retail goods to the local consumer.
- Located in Millsboro – a growing market, supported by strong sectors in retail, healthcare, tourism, and construction.
- Well-situated on the main thoroughfare along Dupont Blvd on dominant thoroughfare and hard corner of Millsboro.
- A plethora of national and regional retailer draws includes Food Lion, Dunkin, WAWA and many others, creating additional synergy.
- Affluent, growing trade area (out to 15+ miles), highlighted by an average household income of $86,607 within 10 miles of the property.
FOR SALE DETAILS
PRICE
$3,600,000 USD
PRICE/SF
$640 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.07 AC
LAND SF
46,609 SF
ZONING
TN
APN/PARCEL ID
133-17.17-18.00
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703-559-7190
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703-559-7190
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