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31417253
31417254

1277-1305 McD Drive, Dover, Delaware, Dover, DE 19901

CS
DE RA-0020123
The Commercial Moving Experience Real Estate
Listed by The Commercial Moving Experience Real Estate
$5,750,000
65 days on market
Updated 65 days ago

MCDANIEL BUSINESS PARK

Details
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 44,100
Units 7
Cap Rate 6.47%
NOI $372,000
Tenancy Multi
Price per SqFt $130
Acreage 42.000
Zoning Industrial
Investment Type Owner/User
Ceiling Height 26
Ownership Fee

Industrial | 6.47% CAP | 44,100 SqFt

Marketing description

42 Acres with 44,100 square feet of building space. For the owner operator, there is a 19,100 square foot, free standing building that is currently vacant with 26 foot ceilings, 460 three phase power, dock height and drive in dock doors and was previously occupied by Fordham Brewery for ten + years. There are Six long term Tenants in place producing $372,137 annual income. The property is zoned industrial. On site parking is plentiful. The location is easily accessible and within three miles of US Route 13 and US Route 1 in South Dover and just a few miles from Downtown Dover..

Listing Contacts

CS
DE RA-0020123
The Commercial Moving Experience Real Estate
Listed by The Commercial Moving Experience Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$372,000.00
$31,000.00/mo

Valuation Metrics

0
DSCR
6.47%
Cap Rate
6.47%
ROI

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