5877 S Rehoboth Blvd, Milford, 19963 $3,000,000

MLS Number: Desu184774
List Price: $3,000,000
Standard Status: Active
Waterfront: N
Located in the fast-growing southeast quadrant of Milford and close to many residential properties, Deep Branch Plaza is the ideal location for your next commercial venture! Situated approximately two miles from Route 1, downtown Milford, and Bayhealth Hospital, this 10.35-acre site includes two restaurant pad sites and multiple retail buildings of varying size. The restaurant sites, located at the property's perimeter, are proximate to both the adjacent river/stream and the retention pond. The resultant water views offer an ideal atmosphere for outdoor seating! Deep Branch Crossing will consist of +/-47,000 square feet of retail and office space at completion. The property is contiguous with Windward on the River, Jack Lingo Asset Management's (JLAM's) 264-unit for-rent apartment project, which will be accessible via an internal road connecting the two projects. Delivery will also include a DelDOT entrance with a dedicated turn lane. Square footage options for the retail sites range from 1,924 square feet to 9,620 square feet. The pump station has been completed, and both natural gas and electric will be provided by the City of Milford.

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Exterior Features

View: Pond
Construction Materials: Other
Parking Features: Paved Parking

Interior Features

Heating: None
Heating Fuel: None
Cooling: None
Hot Water: None

Additional Details

Acres: 10.36
Year Built: 0
New Construction: Y
Property Type: Commercial Sale
County: Sussex
Lot Size Dimensions: 0.00 X 0.00
Sussex DE Quadrants: Between Rt 1 & 113