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Plantation Road 10,000 - 69,000 SF of Office/Retail Space Available in Rehoboth Beach, DE 19971
Highlights
- Ground-up 69,000 SF of commercial space: retail, medical and/or office
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,000-69,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Open Floor Plan Layout
- Fits 25 - 552 People
- Space is in Excellent Condition
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.
Site Plan
Property Facts
| Total Space Available | 69,000 SF | Gross Leasable Area | 69,000 SF |
| Min. Divisible | 10,000 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Storefront Retail/Office | Cross Streets | Cedar Grove Road |
| Total Space Available | 69,000 SF |
| Min. Divisible | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 69,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
| Cross Streets | Cedar Grove Road |
About the Property
Ocean Park offers an ideal retail and medical development opportunity to serve the fast-growing Coastal Delaware market. Situated on the corner of Alternate Rt. 1/Plantations Road and Cedar Road in Rehoboth Beach, a half mile from Route 1, Ocean Parks boasts unbeatable access to the soaring residential and seasonal population in the region. Ocean Park will benefit from DelDot's transportation infrastructure project, which will divert traffic off of Route 1 on Alternate Route 1/Plantations Road to significantly increase vehicle counts -scheduled for completion in 2025. Zoned B-1 at a corner traffic light with two (2) approved entrances as well as additional approvals in hand, Ocean Park represents a commercial development opportunity unlike any other in the region.
Nearby Major Retailers
Presented by
Plantation Road
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