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    Retail Property with Ample Parking Title is generated by Realmo AI

    3400 Chichester Ave, Marcus Hook, PA

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    Retail space for sale with strong traffic and ample parking.

    Type:RETAIL
    Property size:
    3,300 SF
    Lot size:
    1.28 Acres
    Price / SF:
    $159/SF
    Added:
    Sep 26, 2024
    Days on Market:
    627
    Last Refresh:
    May 20 at 10:00 pm

    Property Features for 3400 Chichester Ave

    General Information

    Standard status
    Active
    Size
    3,300 SF
    Lot size
    1.28 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Bart Delfiner
    Bart Delfiner

    Listing agent Bart Delfiner License #RS223488L

    Listing office Equity CRE

    Listing date Sep 26, 2024

    Source Moodyscre

    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 Equity CRE

    HighLights

    • Close proximity to major metros of Philadelphia & Wilmington, DE
    • Strong Traffic Counts
    • Ample Parking is available.
    • Large lot
    • Close proximity to area shopping
    • Close proximity to area activities

    Overview

    This retail property features ample parking and strong traffic counts. It is located in close proximity to area shopping and activities. The property is situated on a large lot and offers convenient access to the major metropolitan areas of Philadelphia and Wilmington, DE. The property size is 3300 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $49.5k $15.00
    − Vacancy −$3.2k −$0.98
    EGI $46.3k $14.03
    − OpEx −$13.9k −$4.21
    NOI $32.4k $9.82
    3,300 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $462.8K
    $405.0K – $540.0K (±1% cap)
    NOI $32,398 @ 7.0% cap · market cap 6.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.00M
    $875.5K – $1.17M (±1% cap)
    NOI $70,037 @ 7.0% cap · market cap 13.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marcus Hook
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.4433
    Latitude
    39.8413

    FAQs

    What type of property is this?
    Retail space - Retail space for sale with strong traffic and ample parking.
    Where is this retail space located?
    The property is located at 3400 Chichester Ave Marcus Hook, PA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Close proximity to major metros of Philadelphia & Wilmington, DE; Strong Traffic Counts; Ample Parking is available.
    (610) 645-7700 Call to check price and availability
    More about this property
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