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851 Middletown Warwick Rd 1,655 - 10,530 SF of Retail Space Available in Middletown, DE 19709
Highlights
- Locate at the RT 301/Level Road interchange and situated between STA Pharmaceutical and Amazon
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,655-10,530 SF | 14’ | Negotiable | $49.34 CAD/SF/YR $4.11 CAD/SF/MO $519,597 CAD/YR $43,300 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 14’
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.
Property Facts
| Total Space Available | 10,530 SF | Gross Leasable Area | 10,530 SF |
| Min. Divisible | 1,655 SF | Year Built | 2026 |
| Property Type | Retail | Parking Ratio | 5.03/1,000 SF |
| Property Subtype | Restaurant |
| Total Space Available | 10,530 SF |
| Min. Divisible | 1,655 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,530 SF |
| Year Built | 2026 |
| Parking Ratio | 5.03/1,000 SF |
About the Property
Brand New Retail Construction at the signalized intersection of Middletown Warwick Road and Levels Road at the RT 301/Levels Road interchange. This location offers the first opportunity for tax free retail and services upon entering Delaware from Maryland along RT 301, and also is positioned as last opportunity for retail and services along RT 301 heading into Maryland for approximately 45 miles. Perfect location for Retail, Restaurants, Medical and general Office uses that desire Pylon signage and retail visibility. Almost any square footage requirement between 1,655 sf and 10,530 sf can be accommodated. Asking rent for in-line space is $35/sf NNN. Asking rent for end caps $40/sf NNN.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Car Charging Station
- Air Conditioning
- Fiber Optic Internet
- Awning
Nearby Major Retailers
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851 Middletown Warwick Rd
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