Coronavirus (COVID-19) precautions in effect. Learn more here.



MLS #DESU172992
Listing #DESU172992: image #1

$ 100,000

  • Description

    Ground Lease: Two highly visible and accessible pad-sites for lease at this amazing location at a brand new (soon-to-be) lighted intersection to better accommodate the constantly increasing amount of traffic in front of this site and located next to a new Residence Inn by Marriott and across the street from Beebe Hospital's health campus. This location is strategically located just 2,000+/- feet away from Rt. 1 offering easy and convenient access at a lighted intersection in addition to a right-in right-out. The site will be delivered with entrances in place. Over the next two years, between the residential, commercial, and institutional investments planned for this corridor approximately a HALF BILLION DOLLARS will have been spent in new development within a half-mile of this site. Over the last decade the state has spent about $100 Million to build two 700+ capacity schools on the same road just to the west of this site, and that is in addition to the amount DelDOT will be spending to dualize Rt. 24 highway by 2022. Beebe Hospital is currently undergoing a $130 Million Dollar expansion directly across the street as seen in the photos. In summary, these pad-sites are right in the middle of all of this growth. Surrounded by residential, hospitality, and institutional uses this is the definition of a prime location
    Listed By: 
    SVN/Miller Commercial Real Estate
  • Property Details

    Property Type:

    Lot Size ( W x L ): 
    0.00 x 0.00
    Lot Size Area: 
    Lot Sq. Feet: 
    Lot Size Unit (ft/acre): 
    Square Feet
    County Tax: 
  • Exterior Features


Similar Homes For Sale

Listing #DESU145606: image #1
18924 john j williams, REHOBOTH BEACH
MLS# DESU145606
$ 100,000
SVN/Miller Commercial Real Estate
Listing #DEKT232272: image #1
lot 5 west liberty way, MILFORD
MLS# DEKT232272
$ 100,000
R&R Commercial Realty
Listing #DEKT232276: image #1
lot 18 east liberty way, MILFORD
MLS# DEKT232276
$ 100,000
R&R Commercial Realty
Listing #1001567236: image #1
900 norman eskridge, SEAFORD
MLS# 1001567236
$ 100,000
Century 21 Home Team Realty

Get Updates