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Freestanding Retail Building
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4325 Kirkwood Highway, Wilmington, DE 19808

Existing retail facility with on-site parking and flexibility for continued use or future redevelopment.

Property Size1,848 SF
Price / SF$0.02
Days on Market49

Property Features for 4325 Kirkwood Highway

General Information

Standard status Active
Size 1,848 SF
Property subtype Retail
Lease Term NNN

Site & Location

Traffic Count 40,678 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Land Use retail, medical, service

Building Details

Building Size 1,848 SF
Buildings 1

Properties For Sale

at 4325 Kirkwood Highway
4325 Kirkwood Highway
Size 1,848 SF
Term Negotiable
Contact us
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Chris Moore, CCIM
Source: Lmtcre
Added: Sep 19 Changed: Oct 25 Last Checked: Nov 4 at 10:32AM

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 LMT Commercial Realty / CORFAC International

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding retail property includes approximately 1,848 square feet of building area and on-site parking. The existing structure can remain in its current form or be repositioned for pad-site redevelopment, providing flexibility for retail, medical, and service-oriented uses.

The property fronts Kirkwood Highway in Wilmington, Delaware, where the reported average annual daily traffic volume is approximately 40,678 vehicles. The site also offers an opportunity for prominent signage. Its freestanding configuration and existing improvements support both continued occupancy and redevelopment planning.

Key Highlights

  • Approximately 1,848 +/- SF freestanding retail building
  • Kirkwood Highway traffic count of 40,678 +/- VPD
  • On‑site parking included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,800 $357.8K
Cap Rate 7%
$255,571 $255.6K
Cap Rate 9%
$198,778 $198.8K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$27.7K $15.00/SF
− Vacancy
−$2.2K −$1.17/SF
EGI
$25.6K $13.83/SF
− OpEx
−$7.7K −$4.15/SF
NOI
$17.9K $9.68/SF
Area
New Castle County, DE
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,800
Cap Rate 7%
$255,571
Cap Rate 9%
$198,778

Alternative Uses

Best Use
Retail
$255.6K
$223.6K – $298.2K (±1% cap)
NOI $17,890 @ 7.0% cap · market cap 59,633.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$442.0K
$386.8K – $515.7K (±1% cap)
NOI $30,942 @ 7.0% cap · market cap 103,140.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

F & J Builder's Construction Company Bath Planet of Wilmington Renovation Specialist All American Roofing ... Roofing Company

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Dental Office

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

40,678 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

760
Businesses Nearby
295k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Shops & Services 27% Apparel 21% Groceries 11%
Kohl's Apparel
51,433 visits/mo 0.3 miles
Michaels Shops & Services
33,619 visits/mo 0.2 miles
Aldi Groceries
32,928 visits/mo 0.2 miles
Wendy's Dining
24,273 visits/mo 0.1 miles
Taco Bell Dining
23,217 visits/mo 0.1 miles

Demographics for 19808, DE

39,285
Population
16,037
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,847
Density / Sq Mi
$92,883
Median Household Income
$53,084
Median Earnings
$1,357
Median Rent
$309,700
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

Similar Off Market Nearby

  • Ron Eastburn's Flower Shop — 4561 Kirkwood Hwy, Wilmington, DE 19808
  • Marshallton Florist & Gifts — Marshallton, DE 19808
  • Farmers market — 4204 Old Capitol Trl, Wilmington, DE 19808

Frequently Asked Questions

What type of property is this?
Storefront property - Existing retail facility with on-site parking and flexibility for continued use or future redevelopment.
Where is this storefront property located?
The property is located at 4325 Kirkwood Highway Wilmington, DE.
What are key features of this property?
This property features: Approximately 1,848 +/- SF freestanding retail building; Kirkwood Highway traffic count of 40,678 +/- VPD; On‑site parking included
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Includes: Price & PSF · Cap rate · Location · Zoning

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