200-204 Broadkill Rd Milton, DE 19968
Diversified property portfolio with self-storage, car wash, and commercial building.
Property size:
13,400 SFProperty Features for 200-204 Broadkill Rd
General Information
- Size
- 13,400 SF
Source:
Svnmiller
Listing Agent: Hans Hardisty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Milton, DE Investment Opportunity
Located in Milton, Delaware, this investment opportunity features a diversified property portfolio on a single parcel. It includes a self-storage facility with 13,400 square feet and 97 units, demonstrating a strong occupancy history. The property also features a recently updated car wash facility that generates consistent income. A 6,312-square-foot commercial building will be sold leased with two tenants: a local insurance agency and a new restaurant, both with leases beginning in 2025. The property is situated along a well-traveled corridor in Sussex County, offering visibility and accessibility from Broadkill Road and nearby Route 1. Its location near the Broadkill River provides proximity to coastal destinations such as Broadkill Beach, Lewes, and the Prime Hook National Wildlife Refuge. The area combines small-town charm with residential and commercial development, attracting year-round residents and seasonal visitors. The Town of Milton has recently approved a 3,000-home residential development nearby, signaling economic momentum and increasing demand for ancillary services. The property offers a healthy tenant mix and stable cash flow.
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Sussex
- State
- Delaware
- Longitude
- -75.3130403
- Latitude
- 38.788561
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - Diversified property portfolio with self-storage, car wash, and commercial building.
Where is this self storage facility located?
The property is located at 200-204 Broadkill Rd Milton, DE.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: - Excellent 1.8% Cap Rate Investment Opportunity in Milton, Delaware.; - Diversified property portfolio includes a Self-Storage, Car Wash, and Leased Commercial Building.; - Commercial Building is leased to two quality tenants (insurance agency and restaurant) with leases starting in 2025.