High-Visibility Corner Flex
34051 Dupont Boulevard Frankford, DE 19945
34051 Dupont Boulevard, Frankford, DE, 19945
$995,000
For Sale
$995,000
Corner commercial property with kitchen-equipped space, sectioned offices, dedicated storage, and a secondary storage structure.
Property Size3,000 SF
Price / SF$331.67
Days on Market202
Property Features for 34051 Dupont Boulevard
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1970
Listing agency
Long & Foster Real Estate, Inc.
(302) 858-3945
Listed by
SARAH SCHIFANO
(302) 858-3945
Source
Xome
Added: Jan 1 Updated: Jul 21 at 6:21PM Checked: Jul 21 at 6:21PM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This high-visibility corner property includes a primary building of approximately 3,000 square feet with existing kitchen equipment, a spacious open area, sectioned office space, and dedicated storage. A secondary structure of approximately 1,200 square feet provides additional storage capacity and may also be suitable for renovation into office or flex space. The rear third of the property remains unimproved, offering room for expansion, outdoor use, or future development.
The property is positioned along the main highway for exposure and is accessible from Hickory Street through town. It is adjacent to town limits, with county regulations applying.
As a For Sale offering, this combination of built space, office configuration, and on-site storage supports multiple commercial uses within the existing layout.
The property is positioned along the main highway for exposure and is accessible from Hickory Street through town. It is adjacent to town limits, with county regulations applying.
As a For Sale offering, this combination of built space, office configuration, and on-site storage supports multiple commercial uses within the existing layout.
Key Highlights
- Commercial corner lot with paved road access and parking lot setup; located along the main highway.
- Primary building features ~3,000 SF with existing kitchen equipment, open area, sectioned office space, and dedicated storage.
- Secondary structure adds ~1,200 SF for additional storage or potential office/flex conversion.
Local Financial Insights For Office B
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 | $77.0k | $25.68 |
| − Vacancy | −$14.3k | −$4.75 |
| EGI | $62.8k | $20.93 |
| − OpEx | −$15.7k | −$5.23 |
| NOI | $47.1k | $15.70 |
3,000 SF · lease $25.68/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$672.7K
$588.6K – $784.9K
NOI $47,091 @ 7.0% cap · market cap 4.73%
Second Best
Flex RnD
$399.8K
$349.8K – $466.4K
NOI $27,986 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$824.4K
$721.4K – $961.8K
NOI $57,708 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
El Molcajete Mini ...
Food Market
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Corner commercial property with kitchen-equipped space, sectioned offices, dedicated storage, and a secondary storage structure.
Where is this flex space located?
The property is located at 34051 Dupont Boulevard Frankford, DE.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Commercial corner lot with paved road access and parking lot setup; located along the main highway.; Primary building features ~3,000 SF with existing kitchen equipment, open area, sectioned office space, and dedicated storage.; Secondary structure adds ~1,200 SF for additional storage or potential office/flex conversion.
