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Ruby Tuesday 945 N Dupont Blvd 5,000 SF 100% Leased Retail Building Milford, DE 19963 $3,380,213 CAD ($676.04 CAD/SF) 7.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Great Retail Location
  • Annual Rental Increases
  • Corporate Guaranty - Triple Net Lease

EXECUTIVE SUMMARY

Well Located Net Leased Investment. Triple Net lease without roof and structure responsibilities for the Landlord. Wal-Mart pad site located on the busy N. Dupont Boulevard in Milford, DE. Attractive annual increases.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
2002
Price
$3,380,213 CAD
Price Per SF
$676.04 CAD
Cap Rate
7.75%
NOI
$261,966 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.70 AC
Zoning
C3
Parking
25 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
285’ on Dupont Blvd

AMENITIES

  • Pylon Sign

NEARBY MAJOR RETAILERS

Food Lion
Ruby Tuesday
Buffalo Wild Wings
Applebee's
Capriotti's
Planet Fitness
PNC Bank
Bonanza Steakhouse
La Tonalteca
Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5-16-17400-01-0700-000
Land Assessment
$853,117 CAD
Improvements Assessment
$2,220,500 CAD
Total Assessment
$3,073,617 CAD
  • Listing ID: 29168372

  • Date on Market: 2023-08-02

  • Last Updated:

  • Address: 945 N Dupont Blvd, Milford, DE 19963

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