Multi-Tenant Neighborhood Shopping
For Sale
$3,900,000
1220 OLD LANCASTER Pike, Hockessin, DE 19707
Commercial Sale, HOCKESSIN, DE
Property Size51,700 SF
Lot Size6.13 Acres
Price / SF$75.44
Days on Market126
Property Features for 1220 OLD LANCASTER Pike
General Information
Property type
Other
Property subtype
Retail
Parking
240
Parking features
Assigned, Parking Lot, Special Needs
Elementary school district
RED CLAY CONSOLIDATED
Middle school district
RED CLAY CONSOLIDATED
High school district
RED CLAY CONSOLIDATED
Standard status
Active
Lot size
6.13 Acres
Taxes and HOA fees
Tax Annual Amount
55307
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1965
Building materials
Frame
Listing Agency:
Pantano Real Estate Inc
(302) 888-0300
Listed By:
Paul M Pantano · License #RB-0002776
(302) 354-0792
Added: May 5
Changed: Sep 1
Last Checked: Sep 7 at 6:06PM
MLS# DENC2102436
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Hockessin Corner is a multi-tenant neighborhood shopping center comprising approximately 51,700 gross square feet across inline and freestanding buildings. The 6.13-acre property includes village-style retail space, surface parking, assigned parking, and spaces for special-needs parking. Improvements date to 1965 and feature frame construction, forced-air heating, central air, full sprinkler coverage, public water and sewer, and select gas service.
The center is approximately 80% occupied, with a weighted average remaining lease term of 4.8+- years. Existing tenants include Back Burner, Casual Marketplace, and Jennifer's Bridal, along with other service-oriented retailers. Commercial Neighborhood (CN) zoning with a HomeTown (HT) Overlay supports a broad range of commercial uses. The property is located at 1220 Old Lancaster Pike in Hockessin, Delaware, within a trade area that includes Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale.
The center is approximately 80% occupied, with a weighted average remaining lease term of 4.8+- years. Existing tenants include Back Burner, Casual Marketplace, and Jennifer's Bridal, along with other service-oriented retailers. Commercial Neighborhood (CN) zoning with a HomeTown (HT) Overlay supports a broad range of commercial uses. The property is located at 1220 Old Lancaster Pike in Hockessin, Delaware, within a trade area that includes Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale.
Key Highlights
- Approximately 51,700 gross square feet across inline and freestanding retail buildings
- 6.13‑acre site with surface parking, assigned spaces, and special‑needs parking
- Approximately 80% occupied with a 4.8+-year weighted average remaining lease term
Property Analytics
Property Profile
Current Use
Lease Details
80%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
72k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 9%
Apparel 2%
Wawa
Shops & Services
35,236 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,784 visits/mo
0.2 miles
Shell
Shops & Services
6,692 visits/mo
0.2 miles
Exxon
Shops & Services
5,939 visits/mo
0.2 miles
Concord Pet Foods & Supplies
Shops & Services
5,372 visits/mo
0.3 miles
Demographics for 19707, DE
17,274
Population
6,610
Households
2.6
Avg Household Size
48
Median Age
65%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
1,309
Density / Sq Mi
$172,161
Median Household Income
$90,171
Median Earnings
$2,230
Median Rent
$534,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Hockessin Crossing Shopping Center — 0800740040, 7465 Lancaster Pike, Hockessin, DE 19707
- Hockessin Mill Plaza — 0800740040, Hockessin, DE 19707
- Dover Delaware — 683 Yorklyn Rd, Hockessin, DE 19707
Frequently Asked Questions
What type of property is this?
Shopping center - Village-style retail center with inline and freestanding buildings, surface parking, and a complementary service-oriented tenant mix.
Where is this shopping center located?
The property is located at 1220 OLD LANCASTER Pike Hockessin, DE.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Approximately 51,700 gross square feet across inline and freestanding retail buildings; 6.13‑acre site with surface parking, assigned spaces, and special‑needs parking; Approximately 80% occupied with a 4.8+-year weighted average remaining lease term
