Building Details

Year Built 2024

Units 1

Listing Agency: DSM Commercial b***@dsmre.com Show Phone

Listed By: BRITTANY DANAHY · License #DE#0020210 Show Phone

Source: Elliman

Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 6:22AM

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Investment Insights

Based on property information with market context.

Millville Square is a neighborhood retail shopping center featuring three buildings totaling 25,545 square feet. Located on eastbound Atlantic Avenue (Route 26) in Millville, DE, the center offers excellent highway signage. The project includes approximately 68 parking spaces and a landscaped area. An exciting tenant mix has been secured, including a full-service gym, Pilates Studio, law office, nail salon, and virtual reality room. The location is ideal for a small cafe, hair salon, medical office, or retail boutique. Spaces are being delivered per Landlord Workletter and are leasing quickly. The second and third buildings are 100% occupied, with 4 suites remaining in Building 1 (units 1, 2, 3 & 5). The area has an excellent and growing demographic in need of retail offerings.

Key Highlights

• Located in the new Millville Square retail shopping center with excellent highway signage.
• Part of a development with a diverse tenant mix, including a gym and Pilates Studio.
• Ideal location for a cafe, hair salon, or retail boutique.

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Furniture & Home Goods Gym & Fitness Center Nail Salon Kitchen & Bath Showroom

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

NNN (Triple Net)

Lease Type

$4.35 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

178

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 19967, DE

1,802

Population

1,786

Households

1

Avg Household Size

63

Median Age

43%

College-Educated

97%

High-School Grad

1.6 sq mi

ZIP Area

1,126

Density / Sq Mi

$89,545

Median Household Income

$57,266

Median Earnings

$1,730

Median Rent

$450,100

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

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Similar For Rent Nearby

Ground-Up Neighborhood Retail Shopping Center

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Retail Space in Millville Square

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Frequently Asked Questions

What type of property is this?

Shopping center - Neighborhood retail shopping center with excellent highway signage.

Where is this shopping center located?

The property is located at 35246 ATLANTIC Ave 3 Millville, DE.

What is the lease rate?

The lease rate is $29 SF/Yr.

What are key features of this property?

This property features: Located in the new Millville Square retail shopping center with excellent highway signage.; Part of a development with a diverse tenant mix, including a gym and Pilates Studio.; Ideal location for a cafe, hair salon, or retail boutique.