111 W 9th St, Wilmington, DE
Retail property available for sale in Wilmington, Delaware.
- Added:
- Feb 7, 2023
- Days on Market:
- 1247
- Last Refresh:
- May 20 at 9:47 pm
Property Features for 111 W 9th St
General Information
- Standard status
- Active
- Size
- 2,578 SF
- Lot size
- 0.03 Acres
- Property subtype
- RETAIL
Listing office Gioffre Commercial Realty (302) 547-1944
Listing date Feb 7, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gioffre Commercial Realty
HighLights
- Retail property available for sale.
- Located in Wilmington, Delaware.
- Property is for sale.
- Retail property.
- Wilmington location.
- Delaware location.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.7k | $15.00 |
| − Vacancy | −$3.0k | −$1.17 |
| EGI | $35.7k | $13.83 |
| − OpEx | −$10.7k | −$4.15 |
| NOI | $25.0k | $9.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5492
- Latitude
- 39.7452
