Description
Option 1: Building Sale / Land LeaseThe Building Only can be acquired for $275,000. Simultaneously, Buyer must enter into a 20-year Ground Lease with four 10-year options.Option 2: Building Lease (including site)Asking rate is $22.00 per square foot of building on an absolute triple net basis.Three year minimum is preferred, Owner will accept 20 year lease at a discounted rate.The drive-thru / curb-side delivery takes on special significance in the Covid era.The vault can be used for any high-security purpose, or as office, breakroom, etc.Given location, visibility and access, many possible applications.ADT: 35k on Route 50 + 12k on Dover (Rte 331) + 10k on Matthewstown (Rte 328). Fantastic signage opportunity - on pylon (monument) and two building facades.Ideal for typical corner uses such as bank, office, restaurant, or pharmacy.High-end appointments and interior finishes in immaculate condition.Built-ins and plexiglass dividers in place.Sale priced at 25-30% of replacement cost, per Marshall & Swift cost services.All depreciation accrues to the Buyer under the Sale scenario.
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0.82ACRES
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01/2 BATHS
Description
Option 1: Building Sale / Land LeaseThe Building Only can be acquired for $275,000. Simultaneously, Buyer must enter into a 20-year Ground Lease with four 10-year options.Option 2: Building Lease (including site)Asking rate is $22.00 per square foot of building on an absolute triple net basis.Three year minimum is preferred, Owner will accept 20 year lease at a discounted rate.The drive-thru / curb-side delivery takes on special significance in the Covid era.The vault can be used for any high-security purpose, or as office, breakroom, etc.Given location, visibility and access, many possible applications.ADT: 35k on Route 50 + 12k on Dover (Rte 331) + 10k on Matthewstown (Rte 328). Fantastic signage opportunity - on pylon (monument) and two building facades.Ideal for typical corner uses such as bank, office, restaurant, or pharmacy.High-end appointments and interior finishes in immaculate condition.Built-ins and plexiglass dividers in place.Sale priced at 25-30% of replacement cost, per Marshall & Swift cost services.All depreciation accrues to the Buyer under the Sale scenario.
©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bright Home Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-08T23:51:35.287.