Listed by Location Realty Advisors LLC
$3,100,000
White Cap Dover, DE
Details
APN MN-00-111.00.00.01-01-23.00-000
Property Type Industrial
Sub Type Flex
Square Footage 5,827
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 5
Lease Expiration 08/31/2026
Remaining Term 0.2
Rent Bumps Yes
Lease Options 3 X 5-Years
Pro-Forma Cap Rate 6.10%
Pro-Forma NOI $192,000
Broker Co-Op No
Class B
Year Built 1953
Buildings 3
Stories 1
Acreage 4.160
Zoning BG - General Business & AR - Agricultural/Residential
Investment Type Net Lease
Lease Commencement 09/01/2021
Ground Lease No
Dock High Doors 4
Ownership Woodside Properties LLC
White Cap Fully Leased. 1st 5 year Extension just signed
Marketing description
Located on busy Rt. 13 just outside the City of Dover
New Dollar General next door, Walgreens nearby
Approx 24,000 VPD at the site
Investment highlights
White Cap Leased with 3 5-year extensions
1st Extension just signed beginning September 2026
White Cap is $4B nationwide construction material supplier
Lease available upon request.
Landlord responsible for Roof, Structure, Parking Lot
Listing Contacts
Listed by Location Realty Advisors LLC
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