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Retail Suite at Center Marquee
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701-723 Ace Memorial Dr, Hockessin, DE 19707

Center marquee retail space with a spacious open floor plan, formerly a fitness center, available within Wellington Plaza.

Space Size5,400 SF
Days on Market538

Property Features for 701-723 Ace Memorial Dr

General Information

Standard status Active
Size 5,400 SF
Property subtype RETAIL
Lease Type NNN

Building Details

Tenancy Multi

Spaces For Lease

at 701-723 Ace Memorial Dr Contact us

713 Ace Memorial Dr $14/SF/Yr

Floor
1
Size
5,400 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Discover Wellington Plaza in desirable North Hockessin, Delaware (just south of...
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Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Joe Latina
Source: Moodyscre
Added: Mar 24, 2025 Changed: Sep 3 Last Checked: Sep 12 at 5:30AM

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.

Wellington Plaza in North Hockessin, Delaware (just south of the Pennsylvania line) offers a rare availability of a center marquee retail space with a spacious, open floor plan. The suite is approximately 5,400 +/- square feet and was formerly used as a fitness center, providing an adaptable layout for a wide range of retail and service concepts.

The property’s tenant roster includes Okura Japanese, 2 Fat Guys, Luigi’s Café, New Dragon Chinese, Casa Pueblo, Throwbacks Sports Lounge, and Hockessin Liquors, supporting a complementary mix of dining and everyday destinations within the shopping center.

This availability is positioned at the center of the complex, giving the suite a prominent placement among the property’s main gathering areas.

Key Highlights

  • 5,400 +/- SF retail space available in the center marquee of Wellington Plaza
  • Spacious open floor plan; formerly a fitness center
  • Located in Wellington Plaza in North Hockessin, Delaware (just south of the Pennsylvania line)

Property Analytics

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Current Use

Shopping centers

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
Balanced
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
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
Rey
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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

Frequently Asked Questions

What type of property is this?
Shopping center - Center marquee retail space with a spacious open floor plan, formerly a fitness center, available within Wellington Plaza.
Where is this shopping center located?
The property is located at 701-723 Ace Memorial Dr Hockessin, DE.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 5,400 +/- SF retail space available in the center marquee of Wellington Plaza; Spacious open floor plan; formerly a fitness center; Located in Wellington Plaza in North Hockessin, Delaware (just south of the Pennsylvania line)
(302) 530-1233 Call to check price and availability
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