5999 Summit Bridge Rd - Drug Store FOR SALE


Townsend, DE 19734
$3,111,111 USD
302-757-5353
5999 Summit Bridge Rd, Townsend, DE for Sale
$3,111,111 USD
Drug Store - FOR SALE
1/3
null | 6.75% Cap Rate

5999 Summit Bridge Rd
Townsend, DE 19734


HIGHLIGHTS

  • Located within Delaware's rapidly growing MOT (Middletown-Odessa-Townsend) corridor
  • Significant residential development continues to fuel population and consumer spending growth
  • Significant residential development continues to fuel population and consumer spending growth
  • Strategic location serving both New Castle and Kent County markets
  • Convenient access to Route 1, Route 13, and U.S. 301

OVERVIEW

Situated at the signalized intersection of Summit Bridge Road and Pine Tree Road in Townsend, Delaware, this ±9,999 SF commercial investment property offers a rare opportunity to acquire an asset within one of the state's fastest-growing residential and commercial corridors. Positioned on approximately 1.70 acres with over 214 feet of frontage, the property benefits from exceptional visibility and exposure along a major growth route serving the rapidly expanding Middletown–Odessa–Townsend market. Continued residential development, population growth, and increasing consumer demand have fueled strong market fundamentals, supporting long-term value appreciation and tenant demand. With convenient access to Route 13 and regional connectivity to Wilmington, Dover, and Maryland, the property is strategically located to serve a broad trade area and represents an attractive investment opportunity in a high-growth Delaware market.

FOR SALE DETAILS

PRICE

$3,111,111 USD

PRICE/SF

$311 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

25C

APN/PARCEL ID

25-002.00-094

ASK ABOUT THIS PROPERTY

Gordon WinegarDSM CommercialMore Info
302-757-5353

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Gordon WinegarDSM CommercialMore Info
302-757-5353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.