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The Plaza at Milford 600-698 N Dupont Blvd 3,191 - 6,791 SF of Retail Space Available in Milford, DE 19963
HIGHLIGHTS
- Extremely accessible. Serviced by a fully signalized four-point intersection from Route 113 and Front Street.
- The center has undergone significant renovations.
- Traffic counts at the front of the property total over 20,000 VPD.
- This plaza is full of a variety of local and national retailers.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,600 SF | Negotiable | $31.80 CAD/SF/YR $2.65 CAD/SF/MO $114,471 CAD/YR $9,539 CAD/MO | TBD | ||
| 1st Floor | 3,191 SF | Negotiable | $22.12 CAD/SF/YR $1.84 CAD/SF/MO $70,585 CAD/YR $5,882 CAD/MO | TBD |
642-696 N Dupont Blvd - 1st Floor
Space for lease located in The Plaza at Milford. This center has recently undergone significant renovations and has a broad variety of national and local retailers already established here. It is located along bus line's, provides a large amount of parking, and has great signage and visibility from the major roads.
- Partially Built-Out as Standard Retail Space
642-696 N Dupont Blvd - 1st Floor
Space for lease located in The Plaza at Milford. This center has recently undergone significant renovations and has a broad variety of national and local retailers already established here. It is located along bus line's, provides a large amount of parking, and has great signage and visibility from the major roads.
- Partially Built-Out as Standard Retail Space
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 THE PLAZA AT MILFORD
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- ALDI
- Discount Grocer
- 3,051
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| ALDI | Discount Grocer | 3,051 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
The Plaza at Milford is a 214,000 SF community center strategically positioned along Route 113, and Front Street in Milford, Kent County, DE, the Plaza is easily accessible through a fully signalized four-point intersection along Route 113. Right in the bustling heart of Milford’s retail corridor. A diverse mix of national tenants, including: Aldi, Advance Auto, Starbucks, Planet Fitness, Michaels, Sherwin Williams, Chick-fil-A, Applebee’s, Citizens Bank, Little Caesars Pizza, and soon to open Five Below. With traffic counts on Route 113 reaching approximately 29,000 VPD, the Plaza at Milford is perfectly positioned to attract a high volume of potential customers. Overall, the Plaza at Milford stands out making it a prime destination for both businesses and shoppers alike.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
The Plaza at Milford | 600-698 N Dupont Blvd
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