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For Sale or Lease 655 W Glenwood Ave 173,146 SF 100% Leased Industrial Building Smyrna, DE 19977 $5,250,000 ($30.32/SF)
INVESTMENT HIGHLIGHTS
- Ten (10) loading docks
- Building is fully sprinklered
- Located in a Downtown Development District and in an Opportunity Zone
- Five (5) drive-in doors
- Located in the Town of Smyrna
- Access to all utilities
EXECUTIVE SUMMARY
Industrial building for sale or lease in Smyrna, DE! Situated on a sprawling 12.25-acres, this Property contains 173,000 sf +/- of high-bay industrial space featuring an expansive footprint that provides flexibility to suit the needs of a variety of industrial users from manufacturing to warehousing and distribution. Strategically positioned to optimize accessibility and convenience, this property is situated in close proximity to several major transportation arteries including 2.0 miles from the Route 1 interchange and 0.75 miles from Route 13. Located in the Town of Smyrna and within a Downtown Development District, this Property provides prospective purchasers and users with the opportunity to take advantage of incentives including but not limited to expedited permitting, rebates for capital improvement costs, business license abatement and many more. Excellent opportunity for owner-users and investors seeking to grow their portfolio and expand their operations into business-friendly Smyrna, DE.
** Also available for lease**
** Also available for lease**
PROPERTY FACTS
| Price | $5,250,000 | Rentable Building Area | 173,146 SF |
| Price Per SF | $30.32 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1944 |
| Property Type | Industrial | Parking Ratio | 0.78/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 20’ |
| Building Class | C | No. Dock-High Doors/Loading | 5 |
| Lot Size | 12.25 AC | Opportunity Zone |
Yes
|
| Zoning | HC - Highway Commercial | ||
| Price | $5,250,000 |
| Price Per SF | $30.32 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 12.25 AC |
| Rentable Building Area | 173,146 SF |
| No. Stories | 2 |
| Year Built | 1944 |
| Parking Ratio | 0.78/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 5 |
| Opportunity Zone |
Yes |
| Zoning | HC - Highway Commercial |
AMENITIES
- Fenced Lot
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 1-17-009.20-02-70.00-000 | Improvements Assessment | $576,300 |
| Land Assessment | $1,164,300 | Total Assessment | $1,740,600 |
PROPERTY TAXES
Parcel Number
1-17-009.20-02-70.00-000
Land Assessment
$1,164,300
Improvements Assessment
$576,300
Total Assessment
$1,740,600
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For Sale or Lease | 655 W Glenwood Ave
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