leased > ROUTE 14 SHOPPING CENTER #368 - 368 Milford-Harrington Hwy, Mil
ROUTE 14 SHOPPING CENTER #368 - 368 Milford-Harrington Hwy, Milford, Kent County, DE 19963
COSMO UNIT 368 FRONT SOUTH VIEW
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PROPERTY NAME
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ROUTE 14 SHOPPING CENTER UNIT #368
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PRICE
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$10.00 +/- PER SQ FT PLUS EXPENSES
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ADDRESS
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368 MILFORD-HARRINGTON HWY,
MILFORD, KENT COUNTY, DELAWARE 19963
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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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BUILDING AREA
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2,760 +/- SQ FT RENTABLE AREA
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PERCENT OF COMMON AREA
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TWENTY EIGHT (28%) PERCENT
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COMMON ARE MAINTENANCE FEES
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$0.75 PER SQUARE FOOT PER YEAR
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PROPERTY INSURANCE PASS-THRU
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$0.34 PER SQUARE FOOT PER YEAR
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PROPERTY TAX PASS-THRU
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$0.95 PER SQUARE FOOT PER YEAR
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TOTAL RENT
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$12.05 PER SQUARE FOOT PER YEAR
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TOTAL RENT
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$33,245 PER YEAR * $2,770.45 PER MONTH
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ZONING
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C-3, HIGHWAY COMMERCIAL ZONE,
CITY OF MILFORD
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TAX MAP
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MD16 – 173.00 - 01– 08.00
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SCHOOL DISTRICT
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MILFORD
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TENANT IMPROVEMENTS
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$150,000 TO BE REIMBURSED TO LANDLORD
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| PROPERTY DESCRIPTION : This 2,760 square foot endcap store is equipped and improved as a pizza restaurant. The Route 14 Shopping Center on Milford – Harrington Hwy is a well-known retail destination in the West Milford market area. The tenant mix includes a convenience store with gas pumps, liquor store, and hair salon. The space can be employed as a diner, take-out, or any kind of restaurant, or converted to retail or office, and is available immediately. The owner may be willing to negotiate the rental rate, as well as the cost of tenant improvements. |
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ALL INFORMATION SUBMITTED SUBJECT TO ERRORS AND MODIFICATIONS. ALL INFORMATION CONTAINED HEREIN OBTAINED FROM RELIABLE SOURCES BUT NOT GUARANTEED. PROSPECTIVE LESSEES 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
