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The Millyard 100 S Main St 2,340 SF of Office/Retail Space Available in Newark, DE 19711
HIGHLIGHTS
- 2,340 +/- SF commercial space available for lease – currently used as office space, but would also be an ideal retail space
- Residential apartments above commercial space
- Dedicated parking
- Current tenants include Buffalo Wild Wings
- Convenient S Main Street location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 108/109 | 2,340 SF | Negotiable | $32.11 CAD/SF/YR $2.68 CAD/SF/MO $75,128 CAD/YR $6,261 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 108/109
- Lease rate does not include utilities, property expenses or building services
- End Cap Space
- Dedicated parking
- Convenient S Main Street location
- Residential apartments above commercial space
- Current tenants include Buffalo Wild Wings
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.
SITE PLAN
SELECT TENANTS AT THE MILLYARD
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Buffalo Wild Wings
- Restaurant
- 1,665
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Buffalo Wild Wings | Restaurant | 1,665 | International |
PROPERTY FACTS
| Total Space Available | 2,340 SF | Gross Leasable Area | 9,000 SF |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 3.89/1,000 SF |
| Total Space Available | 2,340 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,000 SF |
| Year Built | 2006 |
| Parking Ratio | 3.89/1,000 SF |
ABOUT THE PROPERTY
Welcome to The Millyard, an exceptional commercial property in the heart of Newark at 100 South Main Street. Offering 2,340 +/- SF of versatile commercial space, this prime location is currently utilized as office space but would also serve as an ideal retail space. The building has a total of 9,000 SF and is home to Buffalo Wild Wings. Benefit from the built-in customer base provided by the residential apartments situated above the commercial space, and proximity of University of Delaware. Located on the former site of Grainery Station, The Millyard retains a touch of historic charm with its beautiful brick building. Situated in a convenient Main Street location, The Millyard offers excellent visibility and accessibility, along with the convenience of dedicated parking, making it easy for customers and clients to visit. Whether you are looking to establish a new retail venture or seeking an attractive office space, The Millyard provides a dynamic and inviting environment. Discover the potential for your business at The Millyard and become a part of this thriving community. *** Please see link below for video tour ***
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
The Millyard | 100 S Main St
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