MCDANIEL BUSINESS PARK

Commercial/Listings/1277-1305 McD Dr

For saleInvestment6.47% cap rate

1277-1305 McD Dr, Dover, DE 19901 Map

42-acre industrial park with six tenants in place

$5,750,000

Asking price

  • 44,100 SF of buildingsSize
  • 42 acresLand
  • IndustrialZoning
  • IndustrialType
McDaniel Business Park
1 of 5

The vacant 19,100 SF building in the park is also offered for lease on its own. See Fordham Warehouse →

Overview

42 acres with 44,100 SF of buildings in south Dover. Six long-term tenants produce $372,137 a year, a 6.47% cap rate at the asking price.

For an owner-operator, the 19,100 SF free-standing building is vacant. It has three-phase 460V power and both dock-height and drive-in doors, and was home to Fordham Brewery for more than ten years.

The park is zoned industrial with plenty of on-site parking, within three miles of US Route 13 and US Route 1 and a few miles from downtown Dover.

Highlights

  • Six long-term tenants, $372,137 annual income
  • 6.47% cap rate at asking price
  • Vacant 19,100 SF building for an owner-operator
  • 460V three-phase power, dock-height and drive-in doors
  • Within three miles of US 13 and US 1

Key facts

Address
1277-1305 McD Dr, Dover, DE 19901
County
Kent County
Price
$5,750,000
Property type
Industrial
Building / space
44,100 SF of buildings
Land
42 acres
Zoning
Industrial
Annual income
$372,137
Cap rate
6.47%

Location

Aerial view of the area around 1277-1305 McD Dr
Aerial view of the area. USGS/USDA NAIP imagery; the site may have changed since it was flown.

1277-1305 McD Dr
Dover, DE 19901
Kent County

Open in Google Maps

Listing brokerage: Commercial Moving Experience, a Division of The Moving Experience. The Moving Experience is a real estate brokerage licensed in Delaware, with its main office at 27 W Loockerman St, Dover, DE 19904. Office 302.241.0899. Information is from sources believed reliable but is not guaranteed; verify size, zoning and permitted uses independently. The listing brokerage represents the seller.

Brochures and documents: see the sale listing on Crexi.

More listings

All listings →
For salePrice reduced

Garrison Oak Cold Storage or Warehouse Site

451 Garrison Oak Dr, Dover

$1,996,400

IndustrialApproved for 165,000 SF11.53 acres

Sale or lease

Garrison Oak Business Park, Lot 3

601 Garrison Oak Dr, Dover

$1,500,000or lease: build-to-suit, call for rate

IndustrialApproved for 100,000 SF12.8 acres

For leaseAerial view

Fordham Warehouse

1284 McD Dr, Dover

$8 / SF / yr + $2 CAM

Industrial19,100 SF5.6 acres