Listing Agency: Location Realty Advisors LLC

Listed By: Chris Castagno · License #DE RB -0020139

Source: Crexi

Added: Mar 24 Changed: Aug 8 Last Checked: Aug 11 at 7:31PM

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Investment Insights

Based on property information with market context.

This 0.54-acre commercial land parcel is located on busy N. Dupont Highway northbound, situated just before I-295 and the Delaware Memorial Bridge, with a traffic count of approximately 55,000 vehicles per day. The property is across from a WaWa and Mavis Tires. Offered as a ground lease, the arrangement involves no landlord responsibilities. Currently, South Star Fence occupies the site, which consists of two parcels. Located at 1560 N. Dupont Highway, the property has shared use and maintenance agreements in place for the entrance and sanitary service with the adjacent Burger King. There is an opportunity to purchase the Burger King and South Star Fence parcels together for $1,700,000, which would include four parcels fully leased to Burger King (Rackson) and South Star Fence. The Burger King parcels, consisting of two parcels totaling 0.80 acres, are located at 1516 & 1530 N. Dupont Highway. Lease details are available in the Investment Highlights section.

Key Highlights

• High traffic location: 55,000 vehicles per day on N. Dupont Highway.
• Ground lease: No landlord responsibilities.
• Strategic location: Just before I‑295 and Delaware Memorial Bridge.

Property Analytics

Property Profile

Current Use

Building Supply Depo ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

400

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - High-traffic commercial land for ground lease near I-295.

Where is this commercial land located?

The property is located at 1560 N Dupont Hwy Wilmington Manor, DE.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: High traffic location: 55,000 vehicles per day on N. Dupont Highway.; Ground lease: No landlord responsibilities.; Strategic location: Just before I‑295 and Delaware Memorial Bridge.