105-111 NE Front Street

105-111 NE Front Street Milford, DE 19963

105-111 NE Front Street, Milford, DE, 19963
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,990,000
Last Verified:
Dec 01, 2025

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Highlights

  • Annual lease income of +/- $180,000
  • 10,712 SF of fully-tenanted professional office space at NNN terms
  • Additional +/- 2512 SF of allocated expansion space (all NNN paid)
  • Within the Central Business District and in close proximity to Route 13

Description

This is a beautiful, well maintained and recently renovated investment property located in the heart of downtown Milford, DE! Boasting an annual income of over +/- $180,000 at NNN terms, this property offers significant investment and income potential to a qualified Buyer.
The property contains two Class A, well-established Tenants with recently renewed lease terms, offering sustainable income and a strong Tenant mix.
The property is located within Milford's Central Business District and is surrounded by prospering businesses and in close proximity to Route 13. The Central Business District offers multiple incentives through the City of Milford and State of Delaware such as
Opportunity Zone and Downtown Development District grants.

Follow Route 13 N from Salisbury, MD; turn right onto DE-16 E/DE-36 E. Turn left onto DE-36 E. Continue straight onto S Walnut St. Turn right onto Rd 22/NE Front St.

Building Size: 13224sq ft
Building Class: A
Lot Size: 0.41 acres


Documents

• NAI - Offering Memorandum (L)

Map of 105-111 NE Front Street, Milford, DE, 19963

Presented by:
NAI Coastal

Request additional information
Chris Davis


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.