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    Midway Dr Harrington, DE 19952

    For Sale
    Contact for pricing

    Midway Shopping Center: Prime Retail Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional retail opportunity is located within the thriving Midway Shopping Center in Harrington, Delaware. The property offers multiple leasing options to suit various business needs. One unit encompasses approximately 1,600 square feet, available for lease at a rate of $15.00 per square foot per month, plus a common area maintenance (CAM) charge of $3.70 per square foot per month. A second, larger unit totaling approximately 3,800 square feet is also available, commanding a monthly lease rate of $19.00 per square foot, with the same $3.70 per square foot CAM charge. In addition to these two prominent spaces, a highly visible pad site is also available for lease, presenting a unique opportunity for businesses seeking maximum exposure. The entire property sits on a substantial 10.05-acre lot, providing ample parking and convenient access for customers. This prime location within the Midway Shopping Center offers excellent visibility and accessibility, making it an ideal choice for a variety of retail businesses seeking a strong presence in the Harrington market. The flexible space options and strategic location make this an exceptional investment opportunity for businesses looking to establish or expand their operations in a thriving commercial area. Serious inquiries are encouraged to explore the possibilities and secure their place in this dynamic retail center. Contact us today to discuss leasing options and schedule a viewing.

    Property Features for Midway Dr

    General Information

    Property type
    Retail properties
    Lot Size
    437,778 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Harrington
    County
    Kent
    State
    Delaware
    Longitude
    -75.56529
    Latitude
    38.92444

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    FAQs

    What type of property is this?
    Retail property - Midway Shopping Center: Prime Retail Units
    Where is this retail property located?
    The property is located at Midway Dr Harrington, DE.
    (302) 674-3400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Midway Dr Harrington, DE 19952
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