708 PHILADELPHIA PIKEWILMINGTON, DE 19809
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This prime commercial property is currently leased and offers immediate rental income and a hassle-free ownership experience. Buy as an investor, wait till the tenant's lease is up and move in with your own business or change it from office to retail or mixed-use. Many possibilities. The tenant is paying very low rent so at the end of the lease period, on a renewal it can be increased considerably. Property Highlights: • Parcel # 1700100001 consists of two buildings. The stand-alone building is 7,650 SF and the smaller building is 2,625 SF (attached to JT's Market, not including the market.) for a total of 10,275 SF. •Tenant has been in place since 1987 and has a lease signed through November 2027. The tenant is below market rent. At the end of November 2027, an owner can increase rents, use the building themselves, or develop the property to a mix-use, etc. The buildings have had new HVAC systems within the last two years. It's in great shape with an engineering firm as the tenant. Call the agent for more details and discuss a tour.
| yesterday | Price changed to $900,000 | |
| yesterday | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
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