TBD PLANTATIONS RD, REHOBOTH BEACH

Prime commercial opportunity in Rehoboth Beach with B-1 (Neighborhood Business District) zoning. This +/- 6 acre parcel is situated on the highly trafficked Plantations Road (Rd. 275) corridor (20,000 AADT) with great visibility and access to Rt. 1 (Coastal Hwy), Rt 24 (John J Williams Hwy), and Rt. 9 (Lewes Georgetown Hwy). The property is being sold fully approved/unimproved and includes 2 pad sites and an above-market parking ratio of 5.15 per 1,000 SF (255 parking spots total). Pad #1 - 2 story +/- 31,050 SF building and Pad #2 - 2 story +/- 18,400 SF building, totaling 49,450 SF. This central location between Lewes and Rehoboth is a short distance from the Beebe Healthcare Rt. 24 campus that includes the Tunnell Cancer Center and new surgical center. Lewes and Rehoboth Beach are vibrant seaside towns full of modern amenities and the two principle cities in Delaware's rapidly growing Cape Region. Lewes and Rehoboth are very popular year-round vacation destinations and increasingly popular for many retirees relocating to the area.