6103 South Rehoboth Boulevard Milford, DE 19963 • (302) 422-1850
Billboard Route 1, Milford, 19963
Great income producing billboard at the highly desirable intersection of Route 1 & Route 113 in Milford. Long term lease to Clear Channel Outdoor, currently in the 6th year of a 10 year lease, and tenant has been a 30+ year tenant. Ownership transfer will be a perpetual easement. Price is based on 7% return for the projected 2022 income. Buyer must cooperate with Seller's 1031 exchange.
Listing courtesy of Masten Realty Llc.
City, street, other
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