Property summary
This exceptional commercial property, located at 38552 Sussex Highway in Delmar, Delaware, presents a unique opportunity for businesses seeking high visibility and convenient access. Situated on the Route 13 retail corridor, alongside established regional healthcare providers TidalHealth and NovaCare, this location boasts excellent visibility and direct highway access. The property offers flexible leasing and build-out options, catering to a diverse range of tenants. Currently, approximately 2,000 square feet of unfinished shell space is available within the existing building, allowing for complete customization of the floor plan and finishes to perfectly suit a tenant's specific needs. Furthermore, a fully approved and permitted 10,000 square foot pad site with a pre-existing foundation is ready for immediate development, presenting a prime build-to-suit opportunity. This location is ideal for retail, office, or flex users. Lease rates for the vanilla shell space begin at $16 per square foot, triple net (NNN). The property is located in the sales tax-free state of Delaware, offering significant financial advantages. The landlord is highly motivated to lease the space and welcomes offers. This is a rare opportunity to secure a prime commercial location with exceptional flexibility and visibility.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Medical Clinic
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Delmar, DEZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-1 in Delmar, DE.
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Find the owner behind the property.
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