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End-Cap Restaurant with Patio
For Lease
$25 SF/Yr

701 Ace Memorial, Hockessin, DE 19707

Former end-cap restaurant space with patio seating and an option to purchase existing kitchen and catering equipment.

Space Size2,040 SF
Days on Market94

Property Features for 701 Ace Memorial

General Information

Standard status Active
Size 2,040 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 2,040 SF

Spaces For Lease

at 701 Ace Memorial Contact us

701 Ace Memorial Drive $25/SF/Yr

Size
2,040 SF
Term
Negotiable
Contact us
Listed By: Joseph Latina, SIOR
Source: Lmtcre
Added: Jun 3 Changed: Aug 25 Last Checked: Sep 4 at 4:07AM

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 Joseph Latina, SIOR

Investment Insights

Based on property information with market context.

This former end-cap restaurant space includes patio space and existing restaurant infrastructure designed for food service operations. The availability also includes an option to purchase the existing furniture, fixtures, kitchen equipment, and catering equipment, which can reduce the time and sourcing required to reopen with a ready-to-operate setup.

The offering is positioned in the Hockessin, Delaware market. As an end-cap configuration, the unit presents a distinct storefront-style layout suited for a single-tenant restaurant use with direct customer appeal supported by the included patio area.

For operators looking to launch or reposition quickly, the ability to acquire the current restaurant furniture, fixtures, kitchen, and catering equipment is a practical advantage. The space is well matched to a restaurant or other food service concept that can take advantage of the already-installed functional infrastructure rather than starting entirely from scratch. Interested tenants can evaluate the option to purchase the existing contents as part of their buildout planning and operating timeline.

Key Highlights

  • Former end‑cap restaurant space with patio space in Hockessin, Delaware
  • Existing restaurant infrastructure already in place
  • End‑cap layout with patio space

Property Analytics

Current Use

2 Fat Guys Restaurant

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.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

175
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former end-cap restaurant space with patio seating and an option to purchase existing kitchen and catering equipment.
Where is this conventional restaurant located?
The property is located at 701 Ace Memorial Hockessin, DE.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Former end‑cap restaurant space with patio space in Hockessin, Delaware; Existing restaurant infrastructure already in place; End‑cap layout with patio space
More about this property
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