PROPERTY DESCRIPTION
New warehouse/office development in Milton, DE! Cedar Creek Business Park consists of 44 units, each with a first floor warehouse space with a roll-up door and second floor, walk-up office space. With each building housing six or more units, the ability exists to combine and form up to 10,000 SF for your business needs.
LOCATION DESCRIPTION
Cedar Creek Business Park is located on the main east/west corridor of Route 16 which connects the Delaware Beach area to all points west. The Route 16/5 intersection is just three miles west of Coastal Highway (Route 1). The Milton Park Center (Food Lion, McDonald's, Walgreen's, Family Dollar) is located directly across Union Street from the property and is a popular stop for beach vacationers and residents alike.
PROPERTY DETAILS
DEMOGRAPHICS AT A GLANCE | 1 Mile | 3 Miles | 5 Miles |
---|---|---|---|
Total Population | 1,154 | 6,437 | 13,881 |
Total Households | 489 | 2,883 | 6,641 |
Average HH Income | $107,416 | $84,802 | $72,399 |
Average Age | 40.3 | 42.8 | 42.8 |
Increased 3.6% (about 8,600 new residents) between 2020 and 2021, the fastest growth rate in Delaware! If you look back to 2010, Sussex has seen a 25% growth rate.
Experts have reason to believe that Delaware will continue to grow for years to come.
Beebe Healthcare - Opens 40,000 sf, $35mm Milton Health Center on Route 16 (Aug 2024) read more
McDonald's - Opens in the Food Lion Shopping Center (Dec 2024) read more
Cypress Grove - 246-Unit Residential Development with Commercial Pads on Route 16 Leasing Quickly read more
The Granary at Draper Farm – 1,350-unit master planned community, 2023-full completion 2043
Milton Village - 296-Unit Apartment Complex Approved on Route 16 (June 2024) read more
Woodfield Preserve – 253-units (SFH)
Four Winds Farm – 336-units (SFH)
Greywood Springs – 36-units (SFH)
Ponders Pointe –
235-Unit Townhouse Community Proposed on Route 16 (just east of Milton Village, Oct, 2024)
read more
Each Unit
The space will be delivered as a vanilla shell consisting of restroom/fixtures in place (office area), walls drywalled and ready to receive paint, HVAC installed (ductwork to be run by tenant).
Rent
Rent Rental rate is TBD/sf per year
CAM
CAM charge for the Units which covers taxes/insurance/paving/snow removal/lighting/etc. is estimated to be TBD/sf per year payable monthly with rent.
(302) 858 8843 – Mobile
(302) 227 0768 – Office
(302) 227 6349 – Fax
18949 Coastal Highway, Suite 304
Rehoboth Beach, DE 19971
BDanahy@dsmre.com
18949 Coastal Highway, Suite 304
Rehoboth Beach, DE 19971
(302) 858 8843 – Mobile
(302) 227 0768 – Office
(302) 227 6349 – Fax