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5999 Summit Bridge Rd
Townsend, DE 19734

Walgreens · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
9,999 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.70 AC
Zoning
25C
Parking
25 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
214 FT on Summit Bridge Rd

Amenities

  • Signalized Intersection
  • Drive Thru

About 5999 Summit Bridge Rd , Townsend, DE 19734

Walgreens For Sale | Rental Increases | Delaware Pharma Property Group has retained the exclusive right to market the Walgreens located on the signalized corner of Summit Bridge Road and Pine Tree Road in Townsend, Indiana. There are ten years of guaranteed income with four 5-year options to follow at an offering price of a 6.00 CAP (to be delivered free/clear of debt). Lease allows for 4% rent increases during the initial term and 12% increases during the options. Subject property is located in Townsend, an affluent suburb in the Philadelphia-Camden-Wilmington Metropolitan Statistical Area. Townsend is a town in New Castle County, in the state of Delaware, United States. The population was 2,049 at the 2010 census, an increase of 492.2% from 2000. New Castle County is included in the PA-NJ-DE-MD Metropolitan Statistical Area with a population of over 6 million residents and constitutes the sixth largest metropolitan area in the United States. Listed in association with DE DRE Broker Lic. RB-0020183

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-002.00-094
Land Assessment
$22,800
Improvements Assessment
$316,000
Total Assessment
$338,800
  • Listing ID: 3752670

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 5999 Summit Bridge Rd, Townsend, DE 19734

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