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Lantana Square Limestone Rd 1,600 - 20,641 SF of Space Available in Hockessin, DE 19707
HIGHLIGHTS
- Located on Route 7 and Valley Road
- AADT: 10,631 VPD on Valley Road
- Close Proximity to Dense Affluent Residential Area
- Great Tenant Roster: Acme, M&T Bank, Berkshire Hathaway Fox & Roach Realtors, U.S. Post Office, Christiana Care, Anytime Fitness, etc.
- AADT: 28,447 VPD on Limestone Road
- Great Local Center with Heavy Foot Traffic
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 154-158 | 11,700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 310 | 1,600 SF | Negotiable | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $58,070 CAD/YR $4,839 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 312 | 1,600 SF | 5-10 Years | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $58,070 CAD/YR $4,839 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 406/408 | 3,921 SF | 5-10 Years | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $109,468 CAD/YR $9,122 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 92 | 1,820 SF | 5 Years | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $66,055 CAD/YR $5,505 CAD/MO | Triple Net (NNN) |
120-324 Lantana Dr - 1st Floor - Ste 154-158
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
120-324 Lantana Dr - 1st Floor - Ste 310
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,200 SF of adjacent space
120-324 Lantana Dr - 1st Floor - Ste 312
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,200 SF of adjacent space
- Central Air Conditioning
120-324 Lantana Dr - 1st Floor - Ste 406/408
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
120-324 Lantana Dr - 1st Floor - Ste 92
Strategically located in a high-traffic commercial corridor, this end-cap unit is part of a vibrant retail and office center adjacent to Berkshire Hathaway. This prime location offers excellent visibility and accessibility, making it a standout opportunity for a variety of businesses.
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 15 People
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 | 20,641 SF | Center Properties | 9 |
| Max. Contiguous | 3,200 SF | Gross Leasable Area | 200,062 SF |
| Center Type | Community Center | Total Land Area | 381.33 AC |
| Parking | 934 Spaces | Year Built | 2000 |
| Total Space Available | 20,641 SF |
| Max. Contiguous | 3,200 SF |
| Center Type | Community Center |
| Parking | 934 Spaces |
| Center Properties | 9 |
| Gross Leasable Area | 200,062 SF |
| Total Land Area | 381.33 AC |
| Year Built | 2000 |
ABOUT THE PROPERTY
• Center is a total of +/-222,313 SF • Route 7 and Valley Road • Great tenant roster with Acme, M & T Bank, Berkshire Hathaway Fox & Roach Realtors, U.S. Post Office, ChristianaCare, Anytime Fitness, Fresenius Kidney Center
NEARBY MAJOR RETAILERS
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Lantana Square | Limestone Rd
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