38552 Sussex HwyDelmar, DE 19940

  • Commercial real estate
  • 3.00 AC
For Sale

Property Details for 38552 Sussex Hwy

Lot size
3.00 AC
Zone code
C-1
Property type
Commercial real estate
APN
532-20.00-87.00
APU
53220008700

Description

This exceptional commercial property, located at 38552 Sussex Highway in Delmar, Delaware, presents a unique opportunity for businesses seeking high visibility and convenient access. Situated on the Route 13 retail corridor, alongside established regional healthcare providers TidalHealth and NovaCare, this location boasts excellent visibility and direct highway access. The property offers flexible leasing and build-out options, catering to a diverse range of tenants. Currently, approximately 2,000 square feet of unfinished shell space is available within the existing building, allowing for complete customization of the floor plan and finishes to perfectly suit a tenant's specific needs. Furthermore, a fully approved and permitted 10,000 square foot pad site with a pre-existing foundation is ready for immediate development, presenting a prime build-to-suit opportunity. This location is ideal for retail, office, or flex users. Lease rates for the vanilla shell space begin at $16 per square foot, triple net (NNN). The property is located in the sales tax-free state of Delaware, offering significant financial advantages. The landlord is highly motivated to lease the space and welcomes offers. This is a rare opportunity to secure a prime commercial location with exceptional flexibility and visibility.

38552 Sussex Hwy, Delmar, Delaware

Location Insight

City
Delmar
County
Sussex
State
Delaware
Latitude
38.4602
Longitude
-75.5588
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,110
$2,500
-
$2,500
-
$15,000
$306,800
$321,800

FAQs

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