Map of Property

Colonial Square

For Lease

18389 Olde Coach Drive, Rehoboth Beach, DE 19971

You can currently find 1 retail space(s) available for lease at Colonial Square. Designated use type for space listed here includes retail. Current retail listings at this property total 1,500 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Colonial Square.

Space Available For Lease 1

Contacts

broker
Brittany Danahy, CCIM

DSM Commercial Real Estate Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 66,000 SF
  • Year Built 2017
  • Date Updated Sep 5, 2025
Colonial Square sits directly behind Panera Bread, positioned just off Coastal Highway (DE-1) . This puts it within a highly trafficked commercial corridor on the southwest side of Rehoboth Beach, with easy access to and visibility from DE-1. While Olde Coach Drive doesn’t intersect a major cross-street, it's a service/side street directly accessible from Coastal Highway just south of the town center. This makes Colonial Square especially convenient for through traffic and drive-by exposure. It’s also near other Coastal Highway retail corridors, local shops, and eateries, forming part of the vibrant commercial stretch catering to both residents and touristsJoin Storage Solutions, Barefoot at the Beach spa, Wolfe & Associates, Unfinished Business Thrift Shop, and Panera Bread in Colonial Square, a fully leased retail and office center ideally situated just behind Panera on Coastal Highway (Route 1) in Rehoboth Beach. Unit 6 (approx. 1,500 SF) offers flexible layout options—ideal for office or retail—with an open plan, kitchen area, restroom, private office, and conference room. Shared parking is available directly in front. Signage is permitted on the building façade (with landlord approval) and on the existing pylon facing Coastal Highway.
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Highlights

  • Anchor synergy: Located in a fully leased center with high-traffic tenants
  • Attractive lease: Competitive rate at $25 SF/YR NNN, below the area average of ~$29/yr, delivering strong value.
  • Flexible use: Suited for office or retail tenants seeking a compact, well-appointed footprint (~1,500 SF).
  • Prime exposure: Pylon signage opportunity along Coastal Highway, plus prominent building-front signage
  • Shared amenities: Ample, convenient parking.
  • Turnkey layout: Includes office, conference room, kitchen, restroom—ready for immediate occupancy

Getting around

  • 49/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Rehoboth Beach, DE
  • Neighborhood Colonial East
  • Zip Code 19971

Points of Interest

  • Wawa

    0.27 miles

  • Royal Farms

    0.28 miles

  • Safeway Fuel Station

    0.85 miles

  • Tesla Supercharger

    1.17 miles

  • Shell

    1.29 miles

  • ChargePoint

    1.92 miles

  • Exxon

    2.04 miles

  • BP

    2.16 miles

  • Redners

    2.84 miles

  • ClipperCreek

    3.00 miles

  • Rehoboth Park & Ride

    2.20 miles

  • Beebe Parking

    2.58 miles

  • Egg

    2.74 miles

  • Municipal Parking Lot

    2.84 miles

  • Lewes Beach Parking Lot

    3.24 miles

  • Episcopal Church Parking

    3.25 miles

  • Herring Point

    3.49 miles

  • Point Comfort Parking Lot

    4.74 miles

  • Point Parking

    4.80 miles

  • Burton Island Trail and Kayak Parking

    8.88 miles

  • Panera Bread

    0.06 miles

  • Crust & Craft

    0.10 miles

  • Crabby Dick's Restaurant

    0.12 miles

  • Philly Pretzel Factory

    0.13 miles

  • Pickled Pig Pub

    0.13 miles

  • Grandpa Mac

    0.13 miles

  • Chinatown Grill And Buffet

    0.14 miles

  • Saketumi

    0.16 miles

  • Surf Bagel

    0.19 miles

  • La Tonalteca Mexican Restaurant

    0.21 miles

  • Marshalls

    0.39 miles

  • Rehoboth Mall

    0.43 miles

  • Acme

    0.45 miles

  • Walmart

    0.54 miles

  • Safeway

    0.87 miles

  • Jerusalem International Grocery

    0.97 miles

  • Weis

    1.02 miles

  • Giant

    1.09 miles

  • Johnson Fitness & Wellness Store

    1.25 miles

  • ALDI

    1.43 miles

18389 Olde Coach Drive Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Colonial Square asks $25.00/SF/YR per square foot.

  • The property includes 1,500 square feet of retail space for lease. Of this total, 1,500 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brittany Danahy, CCIM

DSM Commercial Real Estate Services

  1. 1Main information
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