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Strip Mall
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1402-1422 Lancaster Ave, Wilmington, DE 19805

Strip center with a mix of local and national tenants and strong daily traffic counts.

Property Size1,440 SF
Days on Market1267

Property Features for 1402-1422 Lancaster Ave

General Information

Standard status Active
Size 1,440 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Building Size 29,296 SF
Listing Agency: Pettinaro Management, LLC
Listed By: Timothy "TJ" Spencer
Source: Moodyscre
Added: Feb 9, 2023 Changed: Jul 29 Last Checked: Jul 30 at 2:05PM

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 Pettinaro Management, LLC

Investment Insights

Based on property information with market context.

This strip mall totals 29,296 SF and offers a mix of local and national tenants. The center is located at 1402-1422 Lancaster Ave, Wilmington, DE 19805.

Positioned in the heart of Downtown Wilmington, the property benefits from 23,964 cars passing the center daily. It is conveniently located near I-95 and the Wilmington Riverfront, with close proximity to public transportation, including the SEPTA Regional Rail.

The tenant mix and strong vehicular exposure support a retail-focused tenancy seeking visibility within a downtown environment.

Key Highlights

  • 29,296 SF strip center at 1402‑1422 Lancaster Ave, Wilmington, DE 19805
  • 23,964 cars pass the center daily
  • Mix of local and national tenants

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Storage Facility Locksmith (Bike/Boat/Book/etc) Store Garden Center Electrical Service Butcher

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
4,590 visits/mo 0.2 miles
Papa John's Pizza Dining
1,721 visits/mo 0.3 miles

Demographics for 19805, DE

39,985
Population
17,281
Households
2.3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
7,270
Density / Sq Mi
$56,708
Median Household Income
$38,043
Median Earnings
$1,203
Median Rent
$220,200
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?
Strip mall - Strip center with a mix of local and national tenants and strong daily traffic counts.
Where is this strip mall located?
The property is located at 1402-1422 Lancaster Ave Wilmington, DE.
What are key features of this property?
This property features: 29,296 SF strip center at 1402‑1422 Lancaster Ave, Wilmington, DE 19805; 23,964 cars pass the center daily; Mix of local and national tenants
(484) 888-3251 Call to check price and availability
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