15 S Cory Ln | Smyrna, DE 19977
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- LoopNet Team
15 S Cory Ln
Smyrna, DE 19977
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Construction – Subject property was built in 2021 and is reflective of the tenant’s newest prototype
- Attractive Rental Increases – The lease features 5% rental increases every five (5) years, providing a hedge against inflation.
- Strategically Located – This site sits in between DE-1 (Korean War Veterans Memorial Hwy) and Hwy 13 (Dupont Blvd)
- New 15-Year Absolute NNN Lease – Subject property operates under an absolute NNN lease
- World’s Largest Tire Manufacturer – Founded is 1900 Firestone is a wholly-owned subsidiary of the Bridgestone Retail Operations, LLC
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,116 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.52 AC
Zoning
HC
Parking
35 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
63’ on South Cory Lane
PROPERTY TAXES
| Parcel Number | 1-17-01900-01-4803-000 | Improvements Assessment | $0 |
| Land Assessment | $725,000 | Total Assessment | $725,000 |
PROPERTY TAXES
Parcel Number
1-17-01900-01-4803-000
Land Assessment
$725,000
Improvements Assessment
$0
Total Assessment
$725,000
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