769 Masten Cir Milford, DE 19963
This exceptional office property, located at 769 E Masten Circle in Milford, Delaware, offers a single unit encompassing 4,611 square feet. Situated on a generous 2.83-acre lot, this property presents a unique opportunity for businesses seeking ample space and convenient location. The lease terms are structured to provide flexibility and growth potential. The first year's rent is $14.00 per square foot, net, net, net (NNN). The second year sees a modest increase to $15.00 per square foot, NNN, and the third year's rent is $16.00 per square foot, NNN. This escalating rental structure allows for predictable budgeting and reflects the property's value and prime location within Milford. The property's size and expansive lot offer significant potential for expansion or future development, making it an ideal investment for businesses looking to establish a strong presence in the Milford market. The address is easily accessible, providing convenient access for employees and clients alike. Serious inquiries are encouraged to explore this outstanding opportunity further. Contact us today to schedule a viewing and discuss your business needs.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.