5877 S Rehoboth Blvd.

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Address: 5877 S Rehoboth Blvd, Milford, DE 19963, USA
Created date: June 19, 2024
Date last updated: June 19, 2024
  • Fully approved commercial development site
  • Located in the path of progress
  • DelDot approved entrance and turn lanes paid for and installed
  • Adjacent to a 264-unit luxury apartment community

Property Description

Deep Branch Plaza is a commercial development site located in Milford's rapidly growing southeast quadrant. The site is fully approved and ready for permits, saving you time, hassle, and money in obtaining development approvals. Not only are approvals in place, a sewer pump station has also been installed, and the DelDOT approved entrance and offsite work are complete and have been inspected and accepted. Natural gas will be provided by Chesapeake Utilities, and electricity, water, and sewer will be provided by the City of Milford. Situated less than 1 mile from Route 1, and less than 2 miles from Bayhealth Hospital, this location is in the center of the path of progress. This 10.35-acre site includes two restaurant pad sites and multiple retail buildings of varying sizes. The restaurant sites, situated at the edge of the property, provide a beautiful view of the adjacent river/stream and the retention pond, making them ideal for outdoor seating. Upon completion, Deep Branch Plaza will have around 47,000 square feet of retail and office space. The property is contiguous with Windward on the River, a 264-unit luxury apartment community, with the two sites connected by a brand-new internal road and scenic walking paths. The current owners will also consider leasing spaces within the to-be-built center with square footage options ranging from 1,924 square feet to 9,620 square feet.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $3,000,000
Lot Size: 10.35 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 5877 S Rehoboth Blvd, Milford, DE 19963, USA
Provided by:

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