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Metro Center 10-101 Geoffrey Dr 2,075 SF of Retail Space Available in Newark, DE 19713
HIGHLIGHTS
- The property has proximity to regional road networks.
- This property is ideal for medical, spa, salon, soft goods and fitness users.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,075 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $86,896 CAD/YR $7,241 CAD/MO | Triple Net (NNN) |
60 Geoffrey Dr - 1st Floor
2,075 sqft. available in busy regional strip shopping center located in busy retail hub of Christiana, Delaware. Join Chipolte and First Watch in this busy center. K Pot and Dunkin also located in the retail hub. The building is located directly across from Del Tech Stanton campus and within 1/4 mile of the I-95 interchange. Great building signage and monument signage are available.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- shell space ready for build out.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,075 SF | Frontage | 1,672’ on Churchmans Rd |
| Center Type | Community Center | Gross Leasable Area | 139,950 SF |
| Parking | 1071 Spaces | Total Land Area | 21.41 AC |
| Center Properties | 7 | Year Built | 1991 |
| Total Space Available | 2,075 SF |
| Center Type | Community Center |
| Parking | 1071 Spaces |
| Center Properties | 7 |
| Frontage | 1,672’ on Churchmans Rd |
| Gross Leasable Area | 139,950 SF |
| Total Land Area | 21.41 AC |
| Year Built | 1991 |
ABOUT THE PROPERTY
Great retail property in the heart of the Christiana Shopping District. Easy access to both Route 1 and I-95 on high traffic Churchmans Road. This Center is directly across from Delaware Tech's Stanton Campus. Join First Watch, Chipolte, Dunkin, and 2nd and Charles as well as Sonesta hotels on this busy site. Signalized access in and out of the complex.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Metro Center | 10-101 Geoffrey Dr
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