719 S Dupont Boulevard, Milford, DE 19963
Two buildings with direct frontage and on-site parking support retail, office, and light industrial or storage uses.
- Added:
- May 8, 2025
- Days on Market:
- 404
- Last Refresh:
- Jun 14 at 2:02 am
Property Features for 719 S Dupont Boulevard
General Information
- Standard status
- Active
- Size
- 2,208 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1954
Listing agent Keith Walpole License #RS-0014425 (302) 674-3400
Listing office R&R Commercial Realty (302) 674-3400
Listing date May 8, 2025
Source Xome
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HighLights
- Two commercial buildings totaling 4,408+ SF with direct road frontage on S Dupont Blvd (US‑113)
- Front building offers 2,208 SF suitable for retail, office, or service‑oriented businesses
- Rear building provides 2,200 SF for storage, light industrial use, or business expansion
- C‑3 zoning supports a range of commercial uses
- Heat pump HVAC and 3 heating units listed
- 100 x 416 lot with driveway parking
Overview
The buildings are positioned on heavily trafficked S Dupont Boulevard (US-113) in Milford, Delaware, with direct road frontage that supports visibility for in-person businesses. The property is located minutes from Route 1 and downtown Milford, which may help support access for both staff and customers.
Offered for sale as a C-3 zoned property, this setup is well suited to an owner-user seeking exposure along US-113 with separate space options for front-of-house use and back-of-house storage or light industrial needs. It may also appeal to investors looking for a flexible two-building configuration that can accommodate multiple operational approaches, depending on their specific tenant or use plans.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.7k | $25.68 |
| − Vacancy | −$10.5k | −$4.75 |
| EGI | $46.2k | $20.93 |
| − OpEx | −$11.6k | −$5.23 |
| NOI | $34.7k | $15.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Sussex
- State
- Delaware
- Longitude
- -75.4393616
- Latitude
- 38.8978761
