Retail Investment Opportunity in
For Sale
Contact for pricing
4020-4030 Concord Pike, Wilmington, DE 19803
NNN leased retail property with investment grade tenants.
Property SizeContact for details
Lot Size4.00 Acres
Days on Market119
Property Features for 4020-4030 Concord Pike
General Information
Standard status
Active
Lot size
4.00 Acres
Property subtype
Retail
Zoning
CR
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 7:17AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire a fee simple interest in nearly four acres of real estate. The property is leased to three retailers, including Wawa and CVS Pharmacy, who have been in operation since 2013 and 2015, respectively. CVS Pharmacy is ranked 1st in the state of Delaware. Greenhill Car Wash will commence construction later this year and open towards the end of the 1st quarter of 2021. All three tenants are operating on long-term, NNN ground leases, offering a passive investment opportunity with no landlord responsibility. Each tenant also contains double-digit rental increases in their term or option periods.
Key Highlights
- Anchored by investment‑grade tenants Wawa and CVS Pharmacy.
- CVS Pharmacy ranked #1 in Delaware.
- Long‑term, NNN ground leases offer a passive investment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
379k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 27%
Apparel 12%
Groceries 9%
Wawa
Shops & Services
58,287 visits/mo
0.1 miles
Five Below
Shops & Services
38,997 visits/mo
0.5 miles
Marshalls
Apparel
37,871 visits/mo
0.1 miles
Giant
Groceries
34,901 visits/mo
0.2 miles
Dollar Tree
Shops & Services
28,897 visits/mo
0.1 miles
Demographics for 19803, DE
21,886
Population
8,900
Households
2.5
Avg Household Size
47
Median Age
61%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
1,723
Density / Sq Mi
$133,941
Median Household Income
$73,611
Median Earnings
$1,736
Median Rent
$436,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - NNN leased retail property with investment grade tenants.
Where is this retail space located?
The property is located at 4020-4030 Concord Pike Wilmington, DE.
What are key features of this property?
This property features: Anchored by investment‑grade tenants Wawa and CVS Pharmacy.; CVS Pharmacy ranked #1 in Delaware.; Long‑term, NNN ground leases offer a passive investment.
