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Grocery-Anchored Shopping Center
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501 S Walnut St, Wilmington, DE 19801

ShopRite grocery anchor anchors a daily-needs tenant mix in Christina Crossing shopping center.

Property Size3,108 SF
Days on Market952

Property Features for 501 S Walnut St

General Information

Standard status Active
Size 3,108 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 119,446 SF
Tenancy Multi
Listing Agency: First National Realty Partners
Listed By: Jeff Kellams
Source: Moodyscre
Added: Dec 21, 2023 Changed: Jul 30 Last Checked: Jul 30 at 9:04AM

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 First National Realty Partners

Investment Insights

Based on property information with market context.

Christina Crossing is a grocery-anchored shopping center anchored by a 68,621 SF ShopRite grocery store, with total center size of 119,446 SF. The tenant mix focuses on daily needs, including Rainbow, Domino’s, Crafty Crab, Wing Stop, Time Wine & Spirits, and Cricket Wireless.

The center is located in a dense part of downtown Wilmington and is positioned in the path of growth along the Master planned Riverfront East development. Christina Crossing sits at the convergence of South Market Street (10,100+ VPD) and Walnut Street (8,300+ VPD), with close proximity to Route 13 (20,000+ VPD) and I-95 (45,000+ VPD).

Within a 5-mile radius of the property, population exceeds 189,000 people and average household incomes top $87,000.

Key Highlights

  • Anchored by a 68,621 SF ShopRite grocery store within a 119,446 SF shopping center
  • Daily‑needs tenant mix includes Rainbow, Domino’s, Crafty Crab, Wing Stop, Time Wine & Spirits, and Cricket Wireless
  • Located at South Market St (10,100+ VPD) and Walnut St (8,300+ VPD) convergence

Property Analytics

Current Use

Bento Sushi Take-out & Catering Wingstop Restaurant WSFS ATM Atm The Kenny Family Foundation Charitable Organization Christina Crossing Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Dental Office Storage Facility Building Supply Garden Center Skin Care Clinic

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,148
Businesses Nearby
84k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 46% Dining 25% Shops & Services 11% Hotels & Casinos 11%
ShopRite Groceries
38,988 visits/mo 0.1 miles
Big Fish Grill Dining
13,091 visits/mo 0.3 miles
Hyatt Place Wilmington Riverfront Hotels & Casinos
5,828 visits/mo 0.3 miles
Shell Shops & Services
5,381 visits/mo 0.3 miles
Wingstop Dining
5,371 visits/mo 0.1 miles

Demographics for 19801, DE

16,219
Population
9,390
Households
1.7
Avg Household Size
34
Median Age
26%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
3,686
Density / Sq Mi
$44,505
Median Household Income
$36,684
Median Earnings
$1,126
Median Rent
$196,000
Median Home Value

Market

Lease Benchmarks for Wilmington, DE

$20.06 /SF/Yr
Avg Asking Price
$19–$22.65 /SF/Yr
Price Range
19,016 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Christina Crossing — 501 S Walnut St, Wilmington, DE 19801
  • Coin Cloud Bitcoin ATM — 1031 S Market St, Wilmington, DE 19801

Frequently Asked Questions

What type of property is this?
Shopping center - ShopRite grocery anchor anchors a daily-needs tenant mix in Christina Crossing shopping center.
Where is this shopping center located?
The property is located at 501 S Walnut St Wilmington, DE.
What are key features of this property?
This property features: Anchored by a 68,621 SF ShopRite grocery store within a 119,446 SF shopping center; Daily‑needs tenant mix includes Rainbow, Domino’s, Crafty Crab, Wing Stop, Time Wine & Spirits, and Cricket Wireless; Located at South Market St (10,100+ VPD) and Walnut St (8,300+ VPD) convergence
(317) 332-7722 Call to check price and availability
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