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Milford Square Shopping Center 605-649 S Dupont Blvd 2,500 - 5,307 SF of Retail Space Available in Milford, DE 19963
HIGHLIGHTS
- Milford Square is occupied by national retailers such as Ollie's, Ace Hardware, Jersey Mike's, Pizza Hut and Tractor Supply.
- The average daily traffic count was recorded to be 36,156 AADT which proves potential for income potential.
- The property offers monument and pylon signage for highway visibility.
- Milford Square is neighbored by the Walmart Supercenter, Airpark Plaza, and residential.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 605 | 2,807 SF | 1-10 Years | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $62,694 CAD/YR $5,224 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 643 | 2,500 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $62,816 CAD/YR $5,235 CAD/MO | Triple Net (NNN) |
605-645 S Dupont Blvd - 1st Floor - Ste 605
FOR LEASE: Suite 605 - 2,807sf $16NNN - formerly a medical lab facility
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- End cap with Excellent visibility and easy access
- Strong mix of national and local tenants
- Pylon Sign with ample parking
605-645 S Dupont Blvd - 1st Floor - Ste 643
FOR LEASE: Suite 643 - 2,500sf $18NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is in Excellent Condition
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 MILFORD SQUARE SHOPPING CENTER
- Ace Hardware
- Big Lots
PROPERTY FACTS
ABOUT THE PROPERTY
Prime retail location along Route 113 (Dupont Blvd) – Milford’s main commercial corridor Excellent visibility and easy access with multiple ingress/egress points High traffic counts exceeding 25,000+ vehicles per day Strong mix of national and local tenants Pylon Sign with ample parking and convenient access for customers Located in a growing trade area surrounded by new residential and commercial development
- Pylon Sign
NEARBY MAJOR RETAILERS
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Milford Square Shopping Center | 605-649 S Dupont Blvd
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