Listing Agency: Virtus Realty Advisors Show Phone

Listed By: Jeffrey Gannett Show Phone

Source: Moodyscre

Added: Dec 27, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:42AM

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Investment Insights

Based on property information with market context.

This first-class office and specialty retail building is situated in the heart of Greenville. Located at 4007-4025 Kennett Pike, the property offers 607 square feet of space. The building features elevator access to all floors and a lower-level covered parking garage. Its highly visible space is ideal for higher-end community uses. The location provides convenient access to numerous amenities, including restaurants, banks, shipping and postal services, and high-quality specialty shopping.

Key Highlights

• Located in the heart of Greenville
• Elevator access to all floors
• Lower level covered parking garage

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage HVAC Service Auto Parts Store Electrical Service

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

714

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Wilmington, DE

$16.83 /SF/Yr

Avg Asking Price

$10.34–$25 /SF/Yr

Price Range

9,065 SF

Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office units - First-class office/retail building in the heart of Greenville.

Where is this office units located?

The property is located at 4007-4025 Kennett Pike Wilmington, DE.

What are key features of this property?

This property features: Located in the heart of Greenville; Elevator access to all floors; Lower level covered parking garage