105-111 NE Front Street
$2,100,000
105-111 NE Front Street, Milford, DE 19963
13,224 sqft
Building Size
0.41 acres
Lot Area
Details:
Highlights:
- Annual lease income of +/- $180,000
- 10,712 SF of fully-tenanted professional office space at NNN terms
- Additional +/- 2512 SF of allocated expansion space (all NNN paid)
- Within the Central Business District and in close proximity to Route 13
Description:
This is a beautiful, well maintained and recently renovated investment property located in the heart of downtown Milford, DE! Boasting an annual income of over +/- $180,000 at NNN terms, this property offers significant investment and income potential to a qualified Buyer.
The property contains two Class A, well-established Tenants with recently renewed lease terms, offering sustainable income and a strong Tenant mix.
The property is located within Milford's Central Business District and is surrounded by prospering businesses and in close proximity to Route 13. The Central Business District offers multiple incentives through the City of Milford and State of Delaware such as
Opportunity Zone and Downtown Development District grants.
Follow Route 13 N from Salisbury, MD; turn right onto DE-16 E/DE-36 E. Turn left onto DE-36 E. Continue straight onto S Walnut St. Turn right onto Rd 22/NE Front St.
Documents:
| Title | ||
|---|---|---|
| __NAI_-_Offering_Memorandum__L_.pdf | ||
| __NAI_-_Offering_Memorandum__L_.pdf |
Location
Gallery
