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North Gate Plaza 1140 S Bay Rd 11,412 SF 100% Leased Retail Building Dover, DE 19901 $1,800,000 ($157.73/SF)
EXECUTIVE SUMMARY
North Gate Plaza, a beautiful, well kept, retail strip center located on busy Bay Road just south of the city limits of Dover, Delaware. North Gate Plaza consists of 8 rental units, currently 100% leased! This center very rarely has a vacant store front. If it does, it will not be vacant very long. Great road frontage and plenty of off-street private parking gives the tenants the exposure that they desire. North Gate Plaza is ideally located approximately a mile from the Dover Air Force Base, a half mile from the on/off ramp of Rt. 1. This allows easy access to all three counties in Delaware. North Gate Plaza has had many upgrades in recent years including new HVAC units, roof coating, exterior painting and parking lot repair.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
11,412 SF
Year Built
1945
Price
$1,800,000
Price Per SF
$157.73
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.92 AC
Zoning
BG - Business General
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2-00-08600-01-2600-000 | Improvements Assessment | $958,900 |
| Land Assessment | $146,300 | Total Assessment | $1,105,200 |
PROPERTY TAXES
Parcel Number
2-00-08600-01-2600-000
Land Assessment
$146,300
Improvements Assessment
$958,900
Total Assessment
$1,105,200
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North Gate Plaza | 1140 S Bay Rd
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