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27436 Dagsboro Rd Dagsboro, DE 19939

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For Sale
$2,200,000

Industrial property with tenant in place, expansion potential.

Lot size:
5.67 Acres

Property Features for 27436 Dagsboro Rd

General Information

Lot size
5.67 Acres

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Listing Contact
Andrew Ball
Andrew Ball
Source: Svn

Listing Agency: SVN/Miller Commercial Real Estate Listing Agent: Andrew Ball

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Entitled Industrial Property For Sale

Located off Business Route 113 on Dagsboro Road, this entitled industrial property features one completed building with a tenant in place, with the lease details available in the documents tab. The property has approvals for one additional 3200-square-foot building and two 6400-square-foot buildings, with construction readiness anticipated in late April or early May. The current international tenant generates $40,000 in annual rent for the first year, $43,000 for the second year, and $46,400 for the third year. All wetlands delineation has been completed. A community well and septic system are in place, with the Department of Natural Resources and Environmental Control (DNREC) inspecting the main drain field in April and a final inspection expected in late April or early May.
Location Intelligence

Current Use by Public Records

Coastal Paint & Remodeling Construction Company

Suggested Use

Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Dagsboro
County
Sussex
State
Delaware
Longitude
-75.2709613
Latitude
38.5621655

FAQs

What type of property is this?
Industrial property - Industrial property with tenant in place, expansion potential.
Where is this industrial property located?
The property is located at 27436 Dagsboro Rd Dagsboro, DE.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Entitled industrial property with one building completed and a tenant generating $40K annual rent (Year 1).; - Three additional buildings (one 3200 SF, two 6400 SF) are approved and shovel ready in Late April/Early May.; - Existing international tenant (NN lease) provides increasing annual rent: $40K (Y1), $43K (Y2), $46,400 (Y3).
More about this property
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