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Property profile

20333 Providence Ln Georgetown, DE 19947

OFF-MARKET
Industrial properties
3,200 SF Built 2024
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Property summary

AI-generated overview

This exceptional 3,200-square-foot flex space in Georgetown, Delaware, presents a fantastic opportunity for businesses seeking a versatile and modern industrial setting. Built in 2024, the property boasts a single building with a total of six parking spaces and convenient drive-in access. The space is currently fully vacant and can be leased in its entirety or divided into a minimum of 1,600 square feet, offering flexibility to accommodate various business needs. The property is zoned C-2, allowing for a wide range of commercial uses. Located at 20333 N Providence Ln, Georgetown, DE 19947, this prime location in Sussex County offers easy access to major transportation routes. The building features a total of 3,200 square feet, providing ample room for operations, storage, and office space. The asking lease rate is $16 per square foot, triple net (NNN). This represents a significant opportunity to secure a newly constructed, well-located industrial space in a thriving Delaware market. The property's modern design and flexible layout make it ideal for a variety of businesses. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Industrial properties
Year built 2024
Total area 3,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20333 Providence Ln Georgetown, DE 19947
Georgetown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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