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Smyrna Commercial Center 308 N Corey Ln

2,000 - 18,000 SF of 4-Star Retail Space Available in Smyrna, DE 19977

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 2,000-18,000 SF
  • Negotiable
  • £19.56 /SF/PA £1.63 /SF/MO £210.56 /m²/PA £17.55 /m²/MO £352,103 /PA £29,342 /MO
  • Plus All Utilities
Space Use
Retail
Condition
Partial Build-Out
Availability
TBD
  • Listed lease rate plus proportional share of utilities
Space Size Term Rent Service Type
1st Floor 2,000-18,000 SF Negotiable £19.56 /SF/PA £1.63 /SF/MO £210.56 /m²/PA £17.55 /m²/MO £352,103 /PA £29,342 /MO Plus All Utilities

1st Floor

Size
2,000-18,000 SF
Term
Negotiable
Rent
£19.56 /SF/PA £1.63 /SF/MO £210.56 /m²/PA £17.55 /m²/MO £352,103 /PA £29,342 /MO
Service Type
Plus All Utilities
Space Use
Retail
Condition
Partial Build-Out
Availability
TBD

  • Listed lease rate plus proportional share of utilities

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 agent 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 FOR 308 N Corey Ln , Smyrna, DE 19977

Min. Divisible 2,000 SF
Property Type Retail
Gross Internal Area 18,000 SF
Year Built 2026
Construction Status Proposed

About the Property

Fully approved 18,000 square foot retail building with sewer and water stubbed to the building edge and entrances installed and stormwater pond fully installed. Plan provides for 5 parking spots per 1,000 square feet and an 80' deep retail box. Substantial frontage along route 1 at South Smyrna exit and direct access/visibility to Route 13. Sits behind waffle house and adjacent to smyrna diner. Across from Hardees. Also fully approved for a three story 75 room hotel if desired. South Smyrna Delaware. Growing and stable area. Hotels in the area stand to benefit substantially from the Federal Governments Protective Services training complex in neighboring Queen Annes' County, expected to generate 25000 hotel stays per year (see article attached). Kent also benefits from the introduction of table games at two local casinos (Dover Downs and Harrington Raceway), continued growth at the Dover airforce base, and a substantial number of state government offices.

  • Air Conditioning

Nearby Major Retailers

Food Lion
Anytime Fitness
ALDI
WSFS Bank
Waffle House
Starbucks
Snap Fitness 24/7
  • Listing ID: 6672964

  • Date on Market: 07/04/2017

  • Last Updated:

  • Address: 308 N Corey Ln, Smyrna, DE 19977

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