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This exceptional industrial property offers a rare investment opportunity, featuring a long-standing and reputable tenant, strategically located in the highly sought-after Selbyville, Delaware, market. The property consists of over 39,500 square feet of warehouse, office, and show room space spread across 3 Acres, making it ideal for investors seeking stable cash flow and growth potential. Since 1969, this property has been the home of Cabinetry Unlimited, a well-established business servicing the entire Delmarva Peninsula. In 2021, Cabinetry Unlimited was acquired by DB Home Designs, a subsidiary of CSC Generation, a $1.5 billion privately held furniture and home goods company. This acquisition further solidifies the stability of the tenant and their commitment to the property for the foreseeable future. The industrial site includes three buildings, each equipped with essential features such as loading docks, drive-in doors, and ample manufacturing space. With its combination of a prime location, quality tenant, and versatile industrial features, this property presents an outstanding opportunity for investors seeking a secure, income producing asset.
| DAYS ON MARKET | 61 | LAST UPDATED | 10/21/2024 |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | Baltimore Hundred (31001) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Baltimore Hundred (31001) |
|---|---|
| LOT | 1.13 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| TAXES | 3407 |
| WATER | Public |
MORTGAGE CALCULATOR
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Listing provided by NAI Coastal
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2024 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2024.
