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Milton Park Center Broadkill RD & Union St

5,964 SF of Retail Space Available in Milton, DE 19968

Highlights

  • Milton Park Center

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 5,964 SF
  • Negotiable
  • £15.65 /SF/PA £1.30 /SF/MO £168.44 /m²/PA £14.04 /m²/MO £93,331 /PA £7,778 /MO
  • Triple Net
110 Broadkill Rd - 1st Floor
Space Use
Retail
Availability
Now

Proposed construction project for a building of approximately 5,964 +/- square feet at the busiest intersection in Milton. This suggests that there's a plan to build a structure at a prime location in the town of Milton, for commercial or mixed-use purposes given the size and the prominence of the intersection. Proposed Building A 5,964 +/- SF The leased price is $20,00 PSF. NNN.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rent Service Type
1st Floor 5,964 SF Negotiable £15.65 /SF/PA £1.30 /SF/MO £168.44 /m²/PA £14.04 /m²/MO £93,331 /PA £7,778 /MO Triple Net

110 Broadkill Rd - 1st Floor

Size
5,964 SF
Term
Negotiable
Rent
£15.65 /SF/PA £1.30 /SF/MO £168.44 /m²/PA £14.04 /m²/MO £93,331 /PA £7,778 /MO
Service Type
Triple Net
Space Use
Retail
Availability
Now

Proposed construction project for a building of approximately 5,964 +/- square feet at the busiest intersection in Milton. This suggests that there's a plan to build a structure at a prime location in the town of Milton, for commercial or mixed-use purposes given the size and the prominence of the intersection. Proposed Building A 5,964 +/- SF The leased price is $20,00 PSF. NNN.

  • Lease rate does not include utilities, property expenses or building services

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.

SELECT TENANTS AT Milton Park Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Food Lion
  • Supermarket
  • 1,446
  • National
  • Milton Liquor
  • Liquor
  • 1
  • Local
  • Milton Optical
  • MD/DDS
  • 1
  • Local
  • NT Nails
  • Nail Salon
  • 1
  • Local
Tenant Description US Locations Reach
Food Lion Supermarket 1,446 National
Milton Liquor Liquor 1 Local
Milton Optical MD/DDS 1 Local
NT Nails Nail Salon 1 Local

PROPERTY FACTS FOR Broadkill RD & Union St , Milton, DE 19968

Centre Type Neighborhood Center
Parking 314 Spaces
Centre Properties 7
Gross Leasable Area 81,075 SF
Total Land Area 41.57 AC
Year Built 2003

About the Property

Proposed construction project for a building of approximately 5,964 +/- square feet at the busiest intersection in Milton. This suggests that there's a plan to build a structure at a prime location in the town of Milton, for commercial or mixed-use purposes given the size and the prominence of the intersection. Proposed Building A 5,964 +/- SF The leased price is $20,00 PSF. NNN.

  • Banking
  • Listing ID: 19448077

  • Date on Market: 25/08/2020

  • Last Updated:

  • Address: Broadkill RD & Union St, Milton, DE 19968

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