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The Centre at Love Creek Rt 24 1,200 - 67,525 SF of Retail Space Available in Lewes, DE 19958
Highlights
- Front-row position in Delaware’s coastal growth story with long-term upside
- Rare opportunity to secure space ahead of full corridor buildout
- Surrounding housing pipeline supports sustained customer growth for years ahead
- Route 24 visibility captures year-round local traffic plus seasonal beach volume
- Daily traffic drivers already committed, creating immediate customer momentum
- High-income beach market influence expands spending beyond immediate rooftops
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,525 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $30,500 /YR $2,542 /MO | Triple Net (NNN) | ||
| 1st Floor | 1,200-22,000 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $440,000 /YR $36,667 /MO | Triple Net (NNN) | ||
| 1st Floor | 1,200-22,000 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $440,000 /YR $36,667 /MO | Triple Net (NNN) | ||
| 1st Floor | 1,200-22,000 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $440,000 /YR $36,667 /MO | Triple Net (NNN) |
Rt 24 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rt 24 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rt 24 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rt 24 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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
Select Tenants at The Centre at Love Creek
- Dunkin Donuts
- Royal Farms
Property Facts
| Total Space Available | 67,525 SF | Frontage | Route 24 |
| Min. Divisible | 1,200 SF | Gross Leasable Area | 73,525 SF |
| Center Type | Neighborhood Center | Total Land Area | 20.00 AC |
| Center Properties | 3 | Year Built | 2027 |
| Total Space Available | 67,525 SF |
| Min. Divisible | 1,200 SF |
| Center Type | Neighborhood Center |
| Center Properties | 3 |
| Frontage | Route 24 |
| Gross Leasable Area | 73,525 SF |
| Total Land Area | 20.00 AC |
| Year Built | 2027 |
About the Property
The Centre at Love Creek is a premier multi-tenant retail development strategically positioned along Route 24 in Lewes, Delaware, within one of the region’s fastest-growing residential corridors. Designed to serve the expanding populations of Lewes, Rehoboth Beach, Millsboro, Long Neck, and surrounding coastal communities, the project offers a dynamic mix of multi-tenant retail buildings, pad sites, and drive-thru opportunities to accommodate a wide range of users. Building 3, a newly constructed multi-tenant building with direct frontage on Route 24, is currently underway and scheduled for delivery in Q4 2026. The western endcap has been leased to Dunkin, and a Royal Farms convenience store and gas station will occupy another pad site within the center, creating strong daily traffic generators and consumer draw. With more than 90,000 approved residential units located within a five-mile radius, The Centre at Love Creek is positioned to become a dominant neighborhood retail destination. Available opportunities include drive-thru space, ideal locations for QSR, service retail, and medical users, as well as Lot 4 (0.91 acres), which is available for ground lease or build-to-suit development.
- Freeway Visibility
Presented by
The Centre at Love Creek | Rt 24
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