Dash In Absolute NNN Ground
For Sale
Contact for pricing
154 North Dupont Highway, New Castle, DE 19720
Newly built ground-lease asset with long-term occupancy and contractual rent escalations.
Property Size3,371 SF
Price / SF$1,695
Days on Market48
Property Features for 154 North Dupont Highway
General Information
Standard status
Active
Size
3,371 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$300,000
Building Details
Year Built
2023
Buildings
2
Tenancy
Single
Listing Agency:
Horvath & Tremblay Alexandria
Listed By:
Kyle Danielson · License #9538605
Source:
Crexi
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 29 at 11:52PM
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 Horvath & Tremblay Alexandria
Investment Insights
Based on property information with market context.
This Dash In property is supported by an Absolute NNN Ground Lease that began in 2023. The lease has 17+ years remaining in its primary term, followed by four 5-year renewal options. Contractual rent increases of 10% occur every five years during the initial term and at the beginning of each renewal period. The improvements were completed in 2023.
Positioned on North Dupont Highway, the property sits directly across from the entrance to Wilmington Airport. The corridor provides access to US Route 202, Interstate 95, Interstate 295, and Interstate 495, connecting the site with Wilmington, Philadelphia, Baltimore, and Washington, DC. The surrounding trade area includes national and regional retailers and restaurants, with continued development associated with the airport corridor.
Positioned on North Dupont Highway, the property sits directly across from the entrance to Wilmington Airport. The corridor provides access to US Route 202, Interstate 95, Interstate 295, and Interstate 495, connecting the site with Wilmington, Philadelphia, Baltimore, and Washington, DC. The surrounding trade area includes national and regional retailers and restaurants, with continued development associated with the airport corridor.
Key Highlights
- Dash In Absolute NNN Ground Lease commenced in 2023
- 17+ years remaining on the primary lease term
- Four 5‑year renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
171k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 32%
Electronics 1%
McDonald's
Dining
52,238 visits/mo
0.5 miles
Wawa
Shops & Services
49,267 visits/mo
0.3 miles
Panda Express
Dining
20,694 visits/mo
0.4 miles
Starbucks
Dining
15,016 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
11,094 visits/mo
0.3 miles
Demographics for 19720, DE
61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly built ground-lease asset with long-term occupancy and contractual rent escalations.
Where is this nnn property located?
The property is located at 154 North Dupont Highway New Castle, DE.
What is the asking price?
The asking price for this property is $5,714,286.
What are key features of this property?
This property features: Dash In Absolute NNN Ground Lease commenced in 2023; 17+ years remaining on the primary lease term; Four 5‑year renewal options
