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5877 S Rehoboth BlvdMilford, DE 19963Price: $3,000,000

  • Price: $3,000,000
  • 54 Days on Market
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Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,000,000List Price
  • 10.36Acreage

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Located in the fast-growing southeast quadrant of Milford and close to many residential properties, Deep Branch Plaza is the ideal location for your next commercial venture! Situated approximately two miles from Route 1, downtown Milford, and Bayhealth Hospital, this 10.35-acre site includes two restaurant pad sites and multiple retail buildings of varying size. The restaurant sites, located at the property's perimeter, are proximate to both the adjacent river/stream and the retention pond. The resultant water views offer an ideal atmosphere for outdoor seating! Deep Branch Crossing will consist of +/-47,000 square feet of retail and office space at completion. The property is contiguous with Windward on the River, Jack Lingo Asset Management's (JLAM's) 264-unit for-rent apartment project, which will be accessible via an internal road connecting the two projects. Delivery will also include a DelDOT entrance with a dedicated turn lane. Square footage options for the retail sites range from 1,924 square feet to 9,620 square feet. The pump station has been completed, and both natural gas and electric will be provided by the City of Milford.

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Listed by CARRIE LINGO and LUCIUS WEBB of Jack Lingo - Lewes

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Real McCoy Team | Coldwell Banker Residential Brokerage participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 1, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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