316 Auto Park Drive Middletown, DE 19709

This 7,300 square foot property is strategically located in a dominant retail corridor, across from Westown Shopping Center, which attracts over 6 million annual visitors and features national retailers such as Walmart Supercenter, Michaels, Marshalls, Kohl’s, HomeGoods, Ashley Furniture, and ALDI. Other major retailers in the area include The Home Depot, Lowe’s, Sprouts, and Target. The property is also located across the street from a new Amazon Fulfillment Center, a facility employing over 1,600 people. The property benefits from excellent site-level visibility and attractive demographics, with traffic counts of 29,035 vehicles per day on the adjacent Middletown Warwick Rd. The area has experienced strong population growth, with a 1.1% annual increase to the 1-mile population over the last 5 years. The average household income surpasses $128,000 within a 3-mile radius. The property is surrounded by 13 different single-family and multi-family residential developments. The property is currently occupied by Crooked Hammock Brewery, a family-friendly brewery, restaurant, and beer garden. The Middletown location features a 15-barrel brewhouse and a backyard with games. Crooked Hammock is owned by La Vida Hospitality. At closing, the tenant will execute a new 20-25-year Absolute Triple Net (NNN) lease with 2% annual increases.