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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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Listed by Robert H Greenlee of SVN |Miller Commercial Real Estate

Copyright 2020 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Georgie Berkinshaw participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 30, 2020. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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