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Gas Station Site with Expansion Land
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For Lease
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3001 NEW CASTLE AVE, New Castle, DE 19720

Existing Shell station site with adjacent acreage and NNN lease structure for an expanded convenience-store operation.

Space Size1,904 SF
Lot Size1.46 Acres
Days on Market5

Property Features for 3001 NEW CASTLE AVE

General Information

Standard status Active
Size 1,904 SF
Lot size 1.46 Acres
Property subtype Retail
Lease Type NNN

Lease Terms

Lease Rate $300,000 /USD/YR
Monthly Rent $25,000

Additional Details

Space Use Gas Station
Highway Access Yes

Building Details

Building Size 1,904 SF
Year Built 1957
Tenancy Single

Spaces For Lease

at 3001 NEW CASTLE AVE Contact us

Space 1

Size
1,904 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Location Realty Advisors LLC
Listed By: Chris Castagno · License #DE RB -0020139
Source: Crexi
Added: Aug 27 Changed: Aug 31 Last Checked: Aug 31 at 8:50AM

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 Location Realty Advisors LLC

Investment Insights

Based on property information with market context.

The property is an existing Shell gas station at 3001 New Castle Ave in New Castle, Delaware, with additional land available for expansion. The current parcel contains 0.46 acres, and the adjoining 1-acre parcel at 2 Memorial Drive creates a combined 1.46-acre assemblage. The Shell contract runs through November 2026.

Positioned at Exit 1 of I-295, the site is identified as the first Delaware location after crossing the Delaware Memorial Bridge. The property is being offered for rent to an expanded convenience-store tenant, with an NNN lease structure. The assemblage provides a larger site configuration for a future convenience-store concept while retaining the existing station improvements.

Key Highlights

  • Existing Shell gas station at 3001 New Castle Ave
  • 1.46‑acre assemblage combining a 0.46‑acre parcel and adjacent 1‑acre parcel
  • Adjacent parcel located at 2 Memorial Drive

Property Analytics

Current Use

Shell Gas Station ATM (New Castle ... Atm WSFS ATM Atm

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Building Supply Spa & Massage Center

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

325
Businesses Nearby
98k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 38% Groceries 13% Hotels & Casinos 2%
Royal Farms Shops & Services
26,333 visits/mo 0.2 miles
McDonald's Dining
18,184 visits/mo 0.2 miles
Super G IGA Groceries
12,865 visits/mo 0.4 miles
Starbucks Dining
12,804 visits/mo 0.3 miles
BP Shops & Services
6,756 visits/mo 0.5 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

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?
Gas station - Existing Shell station site with adjacent acreage and NNN lease structure for an expanded convenience-store operation.
Where is this gas station located?
The property is located at 3001 NEW CASTLE AVE New Castle, DE.
What are key features of this property?
This property features: Existing Shell gas station at 3001 New Castle Ave; 1.46‑acre assemblage combining a 0.46‑acre parcel and adjacent 1‑acre parcel; Adjacent parcel located at 2 Memorial Drive
More about this property
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