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Renovated NNN Commercial Property
For Sale
$1,990,000

105111 NE FRONT STREET, Milford, DE 19963

Recently renovated property with two established tenants under NNN lease terms.

Property Size12,422 SF
Price / SF$160.20
Days on Market45

Property Features for 105111 NE FRONT STREET

General Information

Standard status Active
Size 12,422 SF
Property subtype Office

Taxes and HOA fees

Annual Taxes $5,148

Amenities

Heat Pump
3
Parking.
Lot.
109.00 x 165.00

Building Details

Year Built 1945
Tenancy Multi
Listing Agency: NAI Coastal
Listed By: Chelsye Phillips-Hutton · License ##5007104
Source: Xome
Added: Jul 17 Changed: Aug 29 Last Checked: Aug 29 at 11:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Coastal

Investment Insights

Based on property information with market context.

This 12,422-square-foot commercial property was built in 1945 and has been recently renovated. The asset includes two established tenants operating under NNN lease terms, along with a heat pump, parking, and a 109.00 x 165.00 lot.

The property is located in Milford’s Central Business District at 105111 NE Front Street, with proximity to Route 13. The surrounding downtown setting includes established businesses, and the district offers access to Opportunity Zone and Downtown Development District grant programs through the City of Milford and State of Delaware.

Key Highlights

  • 12,422‑square‑foot commercial property with two established tenants
  • NNN lease structure
  • Recently renovated; originally built in 1945

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 19963, DE

20,827
Population
10,300
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
198
Density / Sq Mi
$65,420
Median Household Income
$40,157
Median Earnings
$1,161
Median Rent
$291,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Recently renovated property with two established tenants under NNN lease terms.
Where is this nnn property located?
The property is located at 105111 NE FRONT STREET Milford, DE.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 12,422‑square‑foot commercial property with two established tenants; NNN lease structure; Recently renovated; originally built in 1945
More about this property
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