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Cricklewood Grove 5350 Summit Bridge Rd 1,665 - 8,500 SF of Space Available in Middletown, DE 19709
HIGHLIGHTS
- Offering Full Commission to Cooperating Broker* Please contact the listing broker for the details.
- Within close proximity to few other towns such as Odessa, Townsend, and Smyrna.
- Middletown and the surrounding areas are still growing, this is the time to get established at this location and grow with them.
- Beautiful Center with very competitive pricing.
- Motivated owners, ready to make a deal that makes business sense for all parties.
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 203 | 1,685 SF | 1-10 Years | $20.24 CAD/SF/YR $1.69 CAD/SF/MO $34,106 CAD/YR $2,842 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 205 | 1,700 SF | 1-10 Years | $20.24 CAD/SF/YR $1.69 CAD/SF/MO $34,409 CAD/YR $2,867 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 206 | 1,665 SF | Negotiable | $25.82 CAD/SF/YR $2.15 CAD/SF/MO $42,998 CAD/YR $3,583 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 207 | 1,665 SF | 1-10 Years | $20.24 CAD/SF/YR $1.69 CAD/SF/MO $33,701 CAD/YR $2,808 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 208 | 1,785 SF | Negotiable | $25.82 CAD/SF/YR $2.15 CAD/SF/MO $46,097 CAD/YR $3,841 CAD/MO | Modified Gross |
2nd Floor, Ste 203
Second floor, elevator served, total of +/-4,975 square feet are available for general office, medical office, or any appropriate usage for this space. There are a total of 3 units (unit 203 is approximately 1,660 sf), (unit 205 is approximately 1,675 sf), and (unit 207 is approximately 1,640 sf). All contiguous and can be subdivided. The price is for a "as is" gray shell. Owners will consider finishing the units for a well qualified tenant and must make business sense for all parties involved. For additional information, please contact the listing agent. This space is in Greysell condition and is offered at $14.50/sf Gross Lease ($2.00/sf). If Tenant wants the owner to finish the space and deliver it in a Vanilla Box condition, then the base rent is $19.50/sf Gross Lease ($2.00/sf).
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 5,050 SF of adjacent space
2nd Floor, Ste 205
Second floor, elevator served, total of +/-4,975 square feet are available for general office, medical office, or any appropriate usage for this space. There are a total of 3 units (unit 203 is approximately 1,660 sf), (unit 205 is approximately 1,675 sf), and (unit 207 is approximately 1,640 sf). All contiguous and can be subdivided. The price is for a "as is" gray shell. Owners will consider finishing the units for a well qualified tenant and must make business sense for all parties involved. For additional information, please contact the listing agent. This space is in Greysell condition and is offered at $14.50/sq Gross Lease ($2.00/sf). If Tenant wants the owner to finish the space and deliver it in a Vanilla Box condition, then the base rent is $19.50/sf Gross Lease ($2.00/sf).
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Can be combined with additional space(s) for up to 5,050 SF of adjacent space
2nd Floor, Ste 206
Suite 206 is +/- 1,665 square feet. It is currently combined with suite 208 for a total of 3,450 square feet. Please call listing broker for additional information.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
2nd Floor, Ste 207
Second floor, elevator served, total of: 1) +/-4,975 square feet are available for general office, medical office, or any appropriate usage for this space. There are a total of 3 units (unit 203 is approximately 1,660 sf), (unit 205 is approximately 1,675 sf), and (unit 207 is approximately 1,640 sf). All contiguous and can be subdivided. The price is for a "as is" gray shell. Owners will consider finishing the units for a well qualified tenant and must make business sense for all parties involved. For additional information, please contact the listing agent. This space is in Greysell condition and is offered at $14.50/sq Gross Lease ($2.50/sf flat fee.). If Tenant wants the owner to finish the space and deliver it in a Vanilla Box condition, then the base rent is $19.50/sf Gross Lease ($2.50/sf). 2) +/- 6,820 square feet. Asking base rent $18.50/sf Gross lease ($2.50/sf flat fee). Suite 202 is +/- 1,680 sf Suite 204 is +/- 1,690 sf Suite 206 is +/- 1,665 sf Suite 208 is +/- 1,785 sf
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Can be combined with additional space(s) for up to 5,050 SF of adjacent space
2nd Floor, Ste 208
Suite 208 is +/- 1,785 square feet. It is currently combined with suite 206 for a total of 3,450 square feet. Please call listing broker for additional information.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
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 CRICKLEWOOD GROVE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Adventure Wine.Beer.Spirits
- Retailer
- -
- -
- Bright Stars Childcare & Preschool
- Daycare
- 1
- Local
- Envy Nails & Spa
- Nail Salon
- 1
- Local
- Hong Kong Chinese Restaurant
- Restaurant
- 1
- Local
- McCormick & Associates
- -
- 1
- -
- Pizza Di Napoli
- Pizza
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Adventure Wine.Beer.Spirits | Retailer | - | - |
| Bright Stars Childcare & Preschool | Daycare | 1 | Local |
| Envy Nails & Spa | Nail Salon | 1 | Local |
| Hong Kong Chinese Restaurant | Restaurant | 1 | Local |
| McCormick & Associates | - | 1 | - |
| Pizza Di Napoli | Pizza | 1 | Local |
PROPERTY FACTS
| Total Space Available | 8,500 SF | Property Subtype | Storefront Retail/Office |
| Max. Contiguous | 5,050 SF | Gross Leasable Area | 40,000 SF |
| Property Type | Retail | Year Built | 2007 |
| Total Space Available | 8,500 SF |
| Max. Contiguous | 5,050 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 40,000 SF |
| Year Built | 2007 |
ABOUT THE PROPERTY
Offering Full Commission to Cooperating Broker* Please contact the listing broker for the details. Cricklewood Grove Center with its superior architectural design offers competitively priced, high quality retail and office (general and/or medical) suites in a suburban setting with ample parking. The center has a very good tenant mix within city limits of the Town of Middletown. Strategically located on Route 71, within minutes to Route 299/301. Within close proximity to Route 1, Townsend, Odessa, & Smyrna. Average daily traffic counts are 9,195. Population for 2020 (within in 1 mile radius is 3,406), (within 3 mile radius is 27,637), & (within 5 mile radius is 42,737). This property is within the Town of Middletown City Limits. Prospective tenants are encouraged to work with the City and make sure the type of business is approved by the Town of Middletown. For additional information, or reports/demographics/executive summary, etc., please contact the listing agent. Offering Full Commission to Cooperating Broker* Please contact the listing broker for the details.
NEARBY MAJOR RETAILERS
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Cricklewood Grove | 5350 Summit Bridge Rd
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