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Coastal Station 19791 Coastal Hwy 1,449 SF of Retail Space Available in Rehoboth Beach, DE 19971

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HIGHLIGHTS

  • One unit remaining
  • Fully signalized intersection (estimated 2025)
  • Established and growing year-round population base with over 8 million visitors per year
  • High visibility location
  • Easy access (right-in, right-out) from Coastal Highway (Route 1)

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 3B
  • 1,449 SF
  • 10’6” - 11’8”
  • 5-10 Years
  • $44.67 CAD/SF/YR $3.72 CAD/SF/MO $64,726 CAD/YR $5,394 CAD/MO
  • Triple Net (NNN)
19791 Coastal Hwy - 1st Floor - Ste 3B
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

What began as four 1st floor retail units of 4211sf, 4016sf, 3512sf & 3331sf, has become six with only one 1,449sf space remaining. Units will be delivered per Landlord Workletter.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Finished Ceilings: 10’6” - 11’8”
  • One Unit Remaining of 1,449sf
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste 3B 1,449 SF 10’6” - 11’8” 5-10 Years $44.67 CAD/SF/YR $3.72 CAD/SF/MO $64,726 CAD/YR $5,394 CAD/MO Triple Net (NNN)

19791 Coastal Hwy - 1st Floor - Ste 3B

Size
1,449 SF
Ceiling
10’6” - 11’8”
Term
5-10 Years
Rental Rate
$44.67 CAD/SF/YR $3.72 CAD/SF/MO $64,726 CAD/YR $5,394 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

What began as four 1st floor retail units of 4211sf, 4016sf, 3512sf & 3331sf, has become six with only one 1,449sf space remaining. Units will be delivered per Landlord Workletter.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Finished Ceilings: 10’6” - 11’8”
  • One Unit Remaining of 1,449sf

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.

SELECT TENANTS AT COASTAL STATION

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • 302 Social
  • Accommodation and Food Services
  • -
  • -
  • Club Pilates
  • -
  • -
  • -
  • Iron Hill Brewery
  • Accommodation and Food Services
  • -
  • -
  • Royal Farms
  • Retailer
  • -
  • -
TENANT DESCRIPTION US LOCATIONS REACH
302 Social Accommodation and Food Services - -
Club Pilates - - -
Iron Hill Brewery Accommodation and Food Services - -
Royal Farms Retailer - -

PROPERTY FACTS

Total Space Available 1,449 SF
Center Type Strip Center
Stores 6
Center Properties 1
Gross Leasable Area 15,800 SF
Total Land Area 10.31 AC
Year Built 2023

ABOUT THE PROPERTY

Join Club Pilates, LifeMed Institute, The Exercise Coach, Nail Salon, Aloft Hotels, Royal Farms, Iron Hill Brewery and 302 Social in this exciting and vibrant new retail destination located in the primary commercial corridor in Rehoboth Beach, DE. At completion, Coastal Station will have over 45,000 SF of retail space and +/-63 high-end apartments (+/-$800k). You will find Coastal Station nestled within Tangers three outlet properties with over 550,000 SF of retail shop space which draws tourists and shoppers year-round. This prime location on Coastal Highway (60,000+ AADT) has great visibility and lies near the entry to the beach towns of Rehoboth Beach, Dewey Beach, Bethany Beach, Lewes and Fenwick Island.

Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Club Pilates
The Fresh Market
Outback Steakhouse
IHOP
PNC Bank
Planet Fitness
Mission BBQ
Applebee's
Cracker Barrel Old Country Store
Ymca
  • Listing ID: 26638106

  • Date on Market: 2023-03-30

  • Last Updated:

  • Address: 19791 Coastal Hwy, Rehoboth Beach, DE 19971

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