• Venture Business Center - 180-187 Kent Dr, Seaford, DE 19973

For Sale

Industrial

For Sale

This property is available for sale
4.28
Acres
$1,950,000
Sale Price
  • Total Building Size
    30,000 RSF
  • Overview

    Sussex County is the southernmost and largest of Delaware's three counties, in terms of its geographical area. In fact, its 960 square miles make up 49% of the total land statewide. It is located near the center of the Delmarva Peninsula and is bounded on the north by Kent County, on the west and south by Maryland's Eastern Shore, and on the east by the Atlantic Ocean and the Delaware Bay. The center of Sussex County is located approximately 93 miles southeast of Baltimore, 107 miles east of Washington D.C., 216 miles south of New York City and 25 miles north of Salisbury, Maryland. In total, there are 25 incorporated municipalities within Sussex County. 30,000 +/- SF multi-tenanted condominium complex (circa 2007-2018), located on 4.28 +/- acres of land. It is comprised of six 5,000 +/- SF office/warehouse buildings and two undeveloped lots, which operate as the Venture Business Center. It is located on Kent Drive, off of Venture Drive in Seaford, in Sussex County, Delaware. Located in an Opportunity Zone. Buildings 181 and 185 are of wood frame construction and the other buildings are of pre-engineered steel construction. They were all built on concrete slab foundations with metal siding and roofing. As noted above, the units contain different percentages of finished office space and warehouse space. However, overall, the units’ finished space is similar, consisting of vinyl / ceramic flooring, painted gypsum drywall, acoustical tile ceilings with fluorescent lighting, etc. The finished space is sectioned into reception areas, private offices, conference rooms, break-rooms, restrooms, etc. Except for Buildings 181 & 185, the warehouse areas are unfinished and contain cured concrete flooring. Each building is equipped with overhead garage doors and separately metered. The finished areas are centrally heated and cooled by heat pump units, and the unfinished warehouse areas are heated by suspended heating units. Buildings 181 & 185's warehouses are finished with painted gypsum drywall, painted concrete flooring and are centrally heated & cooled. The site improvements include asphalt paved entrances and parking lots, public utilities, landscaping, signage, etc. Non-Disclosure and Confidentiality Agreement required. ANNUAL GROSS INCOME: $200,875. *PLEASE DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.

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Property Details

Sussex County is the southernmost and largest of Delaware's three counties, in terms of its geographical area. In fact, its 960 square miles make up 49% of the total land statewide. It is located near the center of the Delmarva Peninsula and is bounded on the north by Kent County, on the west and south by Maryland's Eastern Shore, and on the east by the Atlantic Ocean and the Delaware Bay. The center of Sussex County is located approximately 93 miles southeast of Baltimore, 107 miles east of Washington D.C., 216 miles south of New York City and 25 miles north of Salisbury, Maryland. In total, there are 25 incorporated municipalities within Sussex County. 30,000 +/- SF multi-tenanted condominium complex (circa 2007-2018), located on 4.28 +/- acres of land. It is comprised of six 5,000 +/- SF office/warehouse buildings and two undeveloped lots, which operate as the Venture Business Center. It is located on Kent Drive, off of Venture Drive in Seaford, in Sussex County, Delaware. Located in an Opportunity Zone. Buildings 181 and 185 are of wood frame construction and the other buildings are of pre-engineered steel construction. They were all built on concrete slab foundations with metal siding and roofing. As noted above, the units contain different percentages of finished office space and warehouse space. However, overall, the units’ finished space is similar, consisting of vinyl / ceramic flooring, painted gypsum drywall, acoustical tile ceilings with fluorescent lighting, etc. The finished space is sectioned into reception areas, private offices, conference rooms, break-rooms, restrooms, etc. Except for Buildings 181 & 185, the warehouse areas are unfinished and contain cured concrete flooring. Each building is equipped with overhead garage doors and separately metered. The finished areas are centrally heated and cooled by heat pump units, and the unfinished warehouse areas are heated by suspended heating units. Buildings 181 & 185's warehouses are finished with painted gypsum drywall, painted concrete flooring and are centrally heated & cooled. The site improvements include asphalt paved entrances and parking lots, public utilities, landscaping, signage, etc. Non-Disclosure and Confidentiality Agreement required. ANNUAL GROSS INCOME: $200,875. *PLEASE DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.

  • Property Type
    Industrial
  • Sale Price
    $1,950,000
  • Total Building Size
    30,000RSF
  • Total Acres
    4.28
  • Sale Status
    Available
  • Last updated
    Jun 25, 2020
  • Property ID
    2160207

Landlord's Sales Representative

  • Tom Knopp
    SVN | Miller Commercial Real Estate