Sussex County Investment Property with mini-storage, retail and warehouse

Located directly on Dupont Highway, Selbyville, DE - Great access, exposure and visibility.42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591 (4% CAP rate). Potential income is $148,357 (11% CAP Rate). Current income is $56,274 (before expenses). Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.Exceptional leasing opportunity - 6400 SQ.FT. retail/flex building, ideally situated for maximum exposure and access on Rt. 113, Dupont Highway. This versatile space offers a prime location for retail, office, or flex use, providing a strategic setting for businesses. in a high traffic area.