Listing Agency: MFI Realty m***@mfirealty.com Show Phone

Listed By: Michael Stoltz Show Phone

Source: Moodyscre

Added: Sep 29, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:58AM

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Investment Insights

Based on property information with market context.

This retail space is available for lease and benefits from its close proximity to the University of Delaware, which has a student population exceeding 23,000. The location offers excellent access and visibility. Traffic counts surpass 21,000 average daily trips on East Main Street and Cleveland Avenue. The property provides 1488 square feet of space.

Key Highlights

• Very close proximity to University of Delaware (23,000+ students)
• Excellent access and visibility
• Over 21,000 ADT on East Main St & Cleveland Ave

Property Analytics

Property Profile

Current Use

Metro by T-Mobile Telecommunications Service Wingstop Restaurant Pho Ever Cafe Restaurant Poke Bros. Bar & Pub Kungfu Hotpot&BBQ Restaurant

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Nail Salon Home Appliance Store (Bike/Boat/Book/etc) Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

96

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Texaco Shops & Services

3,386 visits/mo 0.3 miles

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space for lease near the University of Delaware.

Where is this retail space located?

The property is located at 230 E Main St Newark, DE.

What are key features of this property?

This property features: Very close proximity to University of Delaware (23,000+ students); Excellent access and visibility; Over 21,000 ADT on East Main St & Cleveland Ave