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Middletown Crossing Shopping Center 422-460 E Main St 1,600 - 4,800 SF of Office Space Available in Middletown, DE 19709
HIGHLIGHTS
- Strategically located along Route 299 in Middletown, Delaware, just minutes from Route 1 and downtown Middletown.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 380 | 1,600-4,800 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $96,000 /YR $8,000 /MO | Triple Net (NNN) |
362-392 E Main St - 1st Floor - Ste 380
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Office intensive layout
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 broker 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 MIDDLETOWN CROSSING SHOPPING CENTER
- Starbucks Coffee Company
PROPERTY FACTS
| Total Space Available | 4,800 SF | Center Properties | 8 |
| Min. Divisible | 1,600 SF | Frontage | 1,271’ on Main St |
| Center Type | Community Center | Gross Leasable Area | 175,571 SF |
| Parking | 1910 Spaces | Total Land Area | 27.47 AC |
| Stores | 4 | Year Built | 1983 |
| Total Space Available | 4,800 SF |
| Min. Divisible | 1,600 SF |
| Center Type | Community Center |
| Parking | 1910 Spaces |
| Stores | 4 |
| Center Properties | 8 |
| Frontage | 1,271’ on Main St |
| Gross Leasable Area | 175,571 SF |
| Total Land Area | 27.47 AC |
| Year Built | 1983 |
ABOUT THE PROPERTY
Middletown Crossing, a 172,837 square foot retail shopping center and home to ACME Markets, Walgreens, and Starbucks, features a retail shopping center, various dining options and exciting opportunities for further development. With several large, new employers opening up nearby, Middletown Crossing is a most desirable destination to shop, live, and dine in New Castle County's fastest growing market.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Middletown Crossing Shopping Center | 422-460 E Main St
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