5877 S Rehoboth Blvd, Milford, De 19963
$3,000,000
Located in the fast-growing southeast quadrant of Milford and close to many residential properties, Deep Branch Plaza is the ideal location for your next commercial venture! Situated approximately two miles from Route 1, downtown Milford, and Bayhealth Hospital, this 10.35-acre site includes two restaurant pad sites and multiple retail buildings of varying size. The restaurant sites, located at the property's perimeter, are proximate to both the adjacent river/stream and the retention pond. The resultant water views offer an ideal atmosphere for outdoor seating! Deep Branch Crossing will consist of +/-47,000 square feet of retail and office space at completion. The property is contiguous with Windward on the River, Jack Lingo Asset Management's (JLAM's) 264-unit for-rent apartment project, which will be accessible via an internal road connecting the two projects. Delivery will also include a DelDOT entrance with a dedicated turn lane. Square footage options for the retail sites range from 1,924 square feet to 9,620 square feet. The pump station has been completed, and both natural gas and electric will be provided by the City of Milford.
Essentials
MLS Number
Desu184774
List Price
$3,000,000
Standard Status
Active
Year Built
0
New Construction
Y
Property Type
Commercial Sale
Waterfront
N
Interior
Heating
None
Heating Fuel
None
Cooling
None
Hot Water
None
Exterior
Construction Materials
Other
Type of Parking
Parking Lot
Location
Address
5877 S Rehoboth Blvd, Milford, De
Acres
10.36
View
Pond
Lot Size Dimensions
0.00 X 0.00
MLS Area
Cedar Creek Hundred (31004)
Interior Features
Appliances
Additional Information
Parking Features
Paved Parking
Sewer Septic
Public Hook/up Avail
Tax Annual Amount
$1,737
Water Source
Public Hook-up Available
Listing courtesy of Jack Lingo - Lewes.