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HOCKESSIN Retail Shopping Center For Sale
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 Market99

Property Features for 1220 OLD LANCASTER Pike

General Information

Property type Other
Property subtype Retail
Parking 240
Parking features Parking Lot, Special Needs, Assigned
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
Listed By: Paul M Pantano · License #RB-0002776
Added: May 5 Changed: Jul 13 Last Checked: Aug 11 at 10:06PM
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 retail shopping center located in Hockessin, Delaware. The property consists of inline and free-standing buildings totaling approximately 51,700 gross square feet of village-style retail with surface parking. Anchored by tenants including Back Burner, Casual Marketplace, and Jennifer's Bridal, the center benefits from a mix of service-oriented retailers. The property is approximately 80% occupied with a weighted average remaining lease term of 4.8+- years. Situated on a 6.13-acre site, Hockessin Corner has Commercial Neighborhood (CN) zoning with HomeTown (HT) Overlay, which permits a range of commercial uses. The buildings are fully sprinklered and supported by public water and sewer, with select gas service. Located within northern Delaware's trade areas, Hockessin Corner draws from the residential communities of Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale. The surrounding market is characterized by household incomes, owner occupancy, and residential stability, supporting retail demand. Existing vacancy creates a value-add opportunity through leasing, repositioning, or owner-user occupancy.

Key Highlights

  • Well‑established multi‑tenant neighborhood retail shopping center totaling about 51,700 gross SF with inline and free‑standing buildings
  • Located on a 6.13‑acre site with abundant surface parking and assigned parking, including special needs parking
  • Currently approximately 80% occupied with a weighted average remaining lease term of 4.8 years (plus/minus)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Bakery Furniture & Home Goods Auto Repair Shop Grocery & Convenience Store

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

Lease Details

80%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Dover Delaware 683 Yorklyn Rd, Hockessin, DE 19707
  • Hockessin Crossing Shopping Center 0800740040, 7465 Lancaster Pike, Hockessin, DE 19707
  • Hockessin Mill Plaza 0800740040, Hockessin, DE 19707

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center in affluent Hockessin, Delaware. Value-add opportunity.
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: Well‑established multi‑tenant neighborhood retail shopping center totaling about 51,700 gross SF with inline and free‑standing buildings; Located on a 6.13‑acre site with abundant surface parking and assigned parking, including special needs parking; Currently approximately 80% occupied with a weighted average remaining lease term of 4.8 years (plus/minus)
More about this property
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