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    94 Glenwood Ave Smyrna, DE 19977

    Sponsored
    For Lease
    $15 SF/Yr ($10,330 /Mo)

    Delaware Retail Space: Multiple Units Available

    Lot size:
    8,264 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity in Smyrna, Delaware presents 8,264 square feet of vacant commercial space, ideally situated at 94 E Glenwood Ave, 19977. The property is categorized as both retail and land, offering significant flexibility for prospective tenants. The space is currently available in its entirety, providing a unique chance to establish a substantial presence in a thriving Kent County market. Multiple tenancy options are available, with individual units ranging from a minimum of 684 square feet to a maximum contiguous space of 3,140 square feet. This allows for adaptability to various business needs and scales, from smaller boutiques to larger retail operations. The property's prime location ensures high visibility and accessibility, attracting a significant volume of foot traffic and potential customers. This is an excellent chance to secure a prominent retail space in a dynamic and growing community. The property's total square footage is 8,264 square feet, offering ample room for expansion or customization to suit specific business requirements. The address is easily accessible and benefits from excellent visibility, making it an attractive location for a wide range of retail businesses. Serious inquiries are encouraged to explore this exceptional retail investment opportunity in Smyrna, Delaware.

    Property Features for 94 Glenwood Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,264 SF
    Total Rate
    10330

    Unit(s) available at that property

    Space
    Unit 80
    Size
    3,000 SF
    Rate per SF
    $15
    Space
    Unit 70
    Size
    1,440 SF
    Rate per SF
    $15
    Space
    Unit 112
    Size
    3,140 SF
    Rate per SF
    $15
    Space
    Unit 20
    Size
    684 SF
    Rate per SF
    $15

    HighLights

    • 4 retail units available, ranging from 684 to 3,140 square feet.
    • Unit sizes: 684 SF, 3,140 SF, 1,440 SF, and 3,000 SF (approx.).
    • Retail lease rate: $15.00/SF, NNN.
    • Pad site available for lease.
    • Build‑to‑suit or ground lease options available; pad site price negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Kent
    State
    Delaware
    Longitude
    -75.608529
    Latitude
    39.305991

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    FAQs

    What type of property is this?
    Land - Delaware Retail Space: Multiple Units Available
    Where is this land located?
    The property is located at 94 Glenwood Ave Smyrna, DE.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 4 retail units available, ranging from 684 to 3,140 square feet.; Unit sizes: 684 SF, 3,140 SF, 1,440 SF, and 3,000 SF (approx.).; Retail lease rate: $15.00/SF, NNN.
    Request Owner's contact information
    94 Glenwood Ave Smyrna, DE 19977
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    Smyrna, DE 19977
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    94 Glenwood Ave Smyrna, DE 19977
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