leased > COURTNEY SQUARE SHOPPING CENTER - 429 South New Street, Dover,
COURTNEY SQUARE SHOPPING CENTER - 429 South New Street, Dover, Kent County, DE 19904
COURTNEY SQUARE 429 LEASE PROPERTY FRONT WEST VIEW
PROPERTY NAME
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COURTNEY SQUARE SHOPPING CENTER
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PRICE
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$12.00 +/- PER SQ FT PLUS EXPENSES
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ADDRESS
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429 SOUTH NEW STREET, DOVER,
KENT COUNTY, DELAWARE 19904
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PROPERTY TYPE
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RETAIL LEASE PROPERTY
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ALTERNATIVE USES
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OFFICE
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UNIT SIZE
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2,000 +/- SQ FT RENTABLE AREA * 16.5%
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2,000 +/- SQ FT USABLE AREA
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TOTAL BUILDING AREA
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12,100 +/- SQ FT
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ZONING
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C-2A, LIMITED COMMERCIAL ZONE,
CITY OF DOVER
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TAX MAP
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ED05 – 077.09 - 03 – 18.00
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SCHOOL DISTRICT
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CAPITOL
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TENANT IMPROVEMENTS
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NONE * TENANT’S EXPENSE
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BASE RENT
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$24,000 PER YR * $2,000 PER MO * $12 PSF
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PROPERTY TAXES
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$11,200 PER YR * $154 PER MO * $0.93 PSF
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PROPERTY INSURANCE
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$5,900 PER YR * $81 PER MO * $0.49 PSF
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COMMON AREA MAINTENANCE
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$15,400 PER YR * $212 PER MO * $1.27 PSF
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TOTAL EXPENSE BUDGET
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$32,500 PER YR * $447 PER MO * $2.69 PSF
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TOTAL RENT
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$29,400 PER YR * $2,450 PER MO * $14.69 PSF
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PROPERTY DESCRIPTION : This retail property is one of Dover’s best known neighborhood strip centers, located at a high – profile corner in the City of Dover, near the Courthouse, the Hospital, and Legislative Hall. Attractive 2,000 square foot retail space is available immediately and ready to move in. This space is retail, but can easily be used for office use. Net lease excludes utilities and all occupancy expenses.
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ALL INFORMATION SUBMITTED SUBJECT TO ERRORS AND MODIFICATIONS. ALL INFORMATION CONTAINED HEREIN OBTAINED FROM RELIABLE SOURCES BUT NOT GUARANTEED. PROSPECTIVE PURCHASERS SHOULD VERIFY ALL INFORMATION SUBMITTED. LISTING BROKERAGE REPRESENTS LESSOR.
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Phil McGinnis, CCIM, GAA, ACoM, ALC, e-PRO
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Office :
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(302) 736 - 1538
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Cell :
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(302) 270 - 0656
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Fax :
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(302) 736 - 2715
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Email:
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pjm@mcginnisrealty.com
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555 East Loockerman St. Dover, Delaware 19901 • Phone:302.736.2710 Fax: 302.736.2715