17623 Shady Rd Lewes, DE 19958
This exceptional retail property, located at 17623 Shady Road in Lewes, Delaware, offers a unique opportunity for businesses seeking high-visibility space in a thriving market. The property boasts a total of 31,600 square feet across two stories, situated on a generous 2.37-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 7,618 square feet to a maximum contiguous space of 13,880 square feet. Currently, there are 21,498 square feet of vacant space ready for immediate occupancy. The property features ample parking with 128 spaces available for customers and employees. The building is equipped with robust three-phase power (120/208v, 1000-1200 Amps), ensuring sufficient capacity for various business needs. The property is zoned AR-1 and has the APN numbers 334-6.00-511.02, 511.06, and 513.00. Its convenient location in Sussex County, Delaware, provides easy access to major roadways and a strong customer base. This is an ideal location for businesses seeking high visibility and ample space in a desirable area. Don't miss this chance to establish or expand your business in this prime retail location. Contact us today to learn more about leasing opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.