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Retail Space in Wellington Plaza
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701-723 Ace Memorial Dr, Hockessin, DE

5,400 SF retail space in North Hockessin, Delaware.

Property Size5,400 SF
Lot Size3.02 Acres
Price / SF$13.89
Days on Market538

Property Features for 701-723 Ace Memorial Dr

General Information

Standard status Active
Size 5,400 SF
Lot size 3.02 Acres
Property subtype RETAIL
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Joe Latina
Source: Moodyscre
Added: Mar 24, 2025 Changed: Jul 10 Last Checked: Sep 11 at 10:08AM

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 LMT Commercial Realty / CORFAC International

Investment Insights

Based on property information with market context.

Located in North Hockessin, Delaware, just south of the Pennsylvania line, Wellington Plaza offers a retail space of 5,400 square feet. The available space, formerly a fitness center, features a spacious open floor plan and is situated at the center marquee. The plaza has a dynamic tenant roster including restaurants such as Okura Japanese, 2 Fat Guys, Luigi’s Café, New Dragon Chinese, Casa Pueblo, Throwbacks Sports Lounge, and Hockessin Liquors.

Key Highlights

  • Located in desirable North Hockessin, Delaware (just south of the Pennsylvania line).
  • Features a spacious, open 5,400 +\/- square foot floor plan.
  • Located at the center marquee.

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Pharmacy Dental Office Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - 5,400 SF retail space in North Hockessin, Delaware.
Where is this strip mall located?
The property is located at 701-723 Ace Memorial Dr Hockessin, DE.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Located in desirable North Hockessin, Delaware (just south of the Pennsylvania line).; Features a **spacious, open 5,400 +\/- square foot floor plan**.; Located at the center marquee.
(302) 530-1233 Call to check price and availability
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