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Gateway West 1030 Forrest Ave 900 - 5,450 SF of Retail Space Available in Dover, DE 19904
HIGHLIGHTS
- The Gateway West Shopping Center is minutes from Forrest Ave with access to over 21,549 AADT.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 900 SF | 1-10 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $22,614 CAD/YR $1,884 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 114 | 4,550 SF | 1-15 Years | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $101,623 CAD/YR $8,469 CAD/MO | Triple Net (NNN) |
1030 Forrest Ave - 1st Floor - Ste 100
900 sf - $18 NNN ($3.75) Former Yoga studio space High visibility with frontage on multiple high-traffic roads: Beiser Blvd, Forrest Ave, and Saulsbury Rd. Grocery-anchored with a strong tenant mix; Food Lion, Dollar Tree, Merle Norman, Goodwill, and Aaron’s. Significant traffic counts; Forrest Ave – 19,405 VPD & Saulsbury – 15,321 VPD Ample parking with over 900 spaces
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- High visibility end cap space
- Grocery-anchored
- Ample parking
1030 Forrest Ave - 1st Floor - Ste 114
4,550 sf $16 NNN ($3.75) The space is located between Merle Norman and a sushi restaurant. High visibility with frontage on multiple high-traffic roads: Beiser Blvd, Forrest Ave, and Saulsbury Rd. Grocery-anchored with a strong tenant mix; Food Lion, Dollar Tree, Merle Norman, Goodwill, and Aaron’s. Significant traffic counts; Forrest Ave – 19,405 VPD & Saulsbury – 15,321 VPD Ample parking with over 900 spaces
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Grocery anchored
- High visibility
- Ample Parking
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 GATEWAY WEST
- Ace Cleaners
- Food Lion
- Jackson Hewitt
PROPERTY FACTS
| Total Space Available | 5,450 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 149,598 SF |
| Parking | 995 Spaces | Total Land Area | 39.76 AC |
| Stores | 18 | Year Built | 1997 |
| Center Properties | 7 |
| Total Space Available | 5,450 SF |
| Center Type | Neighborhood Center |
| Parking | 995 Spaces |
| Stores | 18 |
| Center Properties | 7 |
| Frontage | |
| Gross Leasable Area | 149,598 SF |
| Total Land Area | 39.76 AC |
| Year Built | 1997 |
ABOUT THE PROPERTY
Gateway West Shopping Center located at the corner of Route 8 and Salisbury Road in Dover
- Kiosk/Cart Space
NEARBY MAJOR RETAILERS
Presented by
Gateway West | 1030 Forrest Ave
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