432 Frederica Rd
Frederica, DE 19946
Asbury Square · Property For Lease
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HIGHLIGHTS
- Traffic Counts: 44,979 VPD (Route 1)
- Town of Milford just 4 miles south- a rapidly expanding population base
- Excellent visibility and exposure from a 4,000'+ length of Route 1
- New 440,000sf , 150+ room, Bayhealth Regional Medical Center in south Milford
- Nearly 900' of direct road frontage along southbound Route 1
- Ingress/egress will be from Frederica Road at a point just north of the Route 1/Frederica Road interchange
PROPERTY FACTS
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 35,000 SF |
Year Built | 2019 |
ABOUT THE PROPERTY
Asbury Square is a +/-21 acre retail, dining and hospitality project postioned on the east side of Frederica Road and the west side of Route 1, just north of the new south Frederica interchange. The property is located inside the Frederica town limits directly across Route 1 from DE TURF, Kent County's new regional sports complex. DE TURF is the largest all-synthetic turf sports complex in the Mid-Atlantic. The sports facility does not offer on-site dormitory accommodations or provide many dining options which creates significant demand for these services. With its close proximity to DE TURF, and the new interchange providing access to the sports complex, Asbury Square is perfectly positioned to accommodate hotels, restaurants and convenience/fuel users to service the increasing traffic related to both transient travelers and sports complex attendees. Springhill Suites by Marriot has been secured in the project, and construction on the 88-room hotel is expected to commence in late 2021.
ATTACHMENTS
Marketing Brochure/Flyer |
LINKS
Listing ID: 22711306
Date on Market: 4/12/2021
Last Updated:
Address: 432 Frederica Rd, Frederica, DE 19946
The Retail Property at 432 Frederica Rd, Frederica, DE 19946 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.