Investment Overview

• Rare opportunity to acquire two development parcels positioned directly in front of DR Horton’s Shannon Cove residential community along the Route 13 growth corridor in Middletown, Delaware. The site benefits from strong visibility, regional access, and proximity to significant ongoing residential and mixed-use development activity. One of the two parcels is located outside the WRPA, a notable advantage in a corridor where environmental constraints often limit development flexibility.

Surrounding Development Momentum

• Middletown continues to experience sustained growth driven by residential expansion, infrastructure investment, and commercial demand. The subject parcels are located within an active development corridor featuring multiple residential and mixed-use projects approved or under construction, continued investment by national and regional homebuilders, and ongoing roadway and infrastructure improvements supporting long-term commercial and service uses.