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800-441-8118

Listing in Milford, DE

MLS #DEKT245718
Listing #DEKT245718: image #1

$ 450,000

Sq. Ft. Total: 800
  • Description

    Great income producing billboard at the highly desirable intersection of Route 1 & Route 113 in Milford. Long term lease to Clear Channel Outdoor, currently in the 6th year of a 10 year lease, and tenant has been a 30+ year tenant. Ownership transfer will be a perpetual easement. Price is based on 7% return for the projected 2022 income. Buyer must cooperate with Seller's 1031 exchange.
    Listed By: 
    MASTEN REALTY LLC
  • Property Details
    Commercial Subtype: 
    Commercial Buildings For Sale
    Lot Size Unit (ft/acre): 
    Square Feet
    Lot Sq. Feet: 
    0
  • Exterior Features
    Sewer: 
    No Septic System
    Water: 
    None
  • Interior Features

    Interior Features

    Heating System: 
    None
    Cooling System: 
    None

Map

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