6
Brittany Danahy [email protected] 302-858-8843 cell 302-227-0768 office WWW.DSMRE.COM NEW RETAIL DEVELOPMENT REHOBOTH BEACH 19791 Coastal Highway Rehoboth Beach, DE 19971 COASTAL STATION
Brittany [email protected] cell302-227-0768 officeWWW.DSMRE.COM
NEW RETAIL DEVELOPMENTREHOBOTH BEACH19791 Coastal Highway Rehoboth Beach, DE 19971
COASTAL STATION
Coastal Station- Phase 2View From Holland Glade Road
Coastal Station is the premier retail center in the Delaware Beach Market. An exciting and vibrant new retail destination located directly on Coastal Highway in Rehoboth Beach, this project will set the mark for retail in the area. With over 45,000 SF of retail with ample free parking, adjoining Tanger Outlets, easy access to the beach and miles of bicycle trails make this the central retail hub.
At completion, Coastal Station will have over 45,000 SF of prime retail space and +/-100 high-end condo units. Leases are signed with Iron Hill Brewery (occupying +/-9,000 SF) and Royal Farms.
PROPERTY OVERVIEW
PROPERTY DETAILS• Total Space Available: 42,800 SF• Lease Rate: $30-$35/SF• Minimum Divisible: 2,000 SF• Maximum Contiguous: 20,000 SF• Entrance will line up with Tanger Seaside Outlets (J.Crew/Gap)• Easy access-right-in/right-out from Coastal HighwayPhase I:• 2,800 SF space left in Phase 1 (on the Iron Hill Pad) • Lease Rate: $35/SF/NNN• Date Available: January 2019Phase II: (In-line retail delivery expected early January 2019)• 40,000 SF Available• Lease Rate: $30/SF/NNN
NEW RETAIL DEVELOPMENTREHOBOTH BEACH19791 Coastal Highway Rehoboth Beach, DE 19971
COASTAL STATION
NEW RETAIL DEVELOPMENTREHOBOTH BEACH19791 Coastal Highway Rehoboth Beach, DE 19971
COASTAL STATION
CONCEPT RENDERING
Coastal Station- Phase 2View at Main Entrance
NEW RETAIL DEVELOPMENTREHOBOTH BEACH19791 Coastal Highway Rehoboth Beach, DE 19971
COASTAL STATION
PRELIMINARY SITE PLAN
NEW RETAIL DEVELOPMENTREHOBOTH BEACH19791 Coastal Highway Rehoboth Beach, DE 19971
COASTAL STATION
AERIAL MAPLocated a 1/2 mile from Rehoboth Beach, Coastal Station is situated in a dynamic trade area with 151k people, 8.5 million visitors annually, and two million square feet of retail space situated between three banks and outlet centers performing at over $500/SF annually. Rehoboth is a great market to expand into from Philadelphia, DC, Baltimore, Wilmington and Salisbury.
NEW RETAIL DEVELOPMENTREHOBOTH BEACH19791 Coastal Highway Rehoboth Beach, DE 19971
COASTAL STATION
DEMOGRAPHIC SUMMARY
