Lease to Own
Address
945 N Dupont Highway, Milford, DE
Price
$ 2,445,000
Property Attributes
- MLS#DEKT2024506
- TypeBusiness Op
- CountyKENT
- CityMilford
- AreaMilford
- Zip19963
- StyleRestaurant/Bar
- Year Built2002
- Taxes$ 900
- Price$ 2,445,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5000
- Lot Size1.7 Acres
Data Source:
Bright MLS
Property Description
Well Located Net Leased Investment. Triple Net lease without roof and structure responsibilities for the Landlord. Wal-Marty pad site located on the busy N. Dupont Boulevard in Milford, DE. Attractive annual increases.
| Price History | |
|---|---|
| 12/4/2023 | Listed $2,730,000 |
| 12/14/2023 | 11% - $2,445,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Utilities | Other |
| Possession | 0-30 Days CD |
| Zoning | C-3 |
| Construction Materials | Masonry |
| Year Built | 2002 |
| Property SubType | Retail |
| Tax Year | 1997 |
| Current Use | Restaurant |
| Business Type | Restaurant/Bar |
| Accessibility | Other |
| County | KENT |
| Net Operating Income | 180930.00 |
| New Construction | No |
| Property Type | Business Opportunity |
| Subdivision Name | NONE AVAILABLE |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | 945 N Dupont Hwy,Milford,DE 19963 |
| ModificationTimestamp | 2024-04-30T13:34:04 |
| City | MILFORD |
| Buyer Agent Compensation | 2 |
| MLS Area | Milford (30805) |
| Lot Size Square Feet | 74052.00 |
| Tax Assessed Value | 0.0 |
| Waterfront Y/N | No |
| Street Name | DUPONT |
| Tax Annual Amount | 900.0 |
| Price Per Sq Ft | 489.0 |
| Acceptable Financing | Conventional,Lease Purchase |
| Vacation Rental Y/N | No |
| Days on Market | 149 |
| Location Type | Urban |
| Standard Status | Active |
| Year Built Source | Estimated |
| Cap Rate | 7.40 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Other |
|---|---|
| Hot Water | Other |
| Heating Y/N | Yes |
| Street Suffix | HIGHWAY |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 25 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 5000.00 |
| Lot Size Acres | 1.70 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Road Responsibility | State |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 25 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 19963
Price
Taxes
Visits
Year Built
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