Corner Ground-Floor Retail
501 Vandever Avenue, Wilmington, DE 19802
For Lease
Contact for pricing
Its existing configuration supports barber, beauty, retail, or other service uses.
Space Size1,056 SF
Days on Market27
Property Features for 501 Vandever Avenue
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Space Use
Spaces For Lease
at 501 Vandever Avenue
Space 1
Active
Size
1,056 SF
Listing Agency:
LMT Commercial Realty, LLC.
Listed By:
Renee Nichols · License DE RS-0039697
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 5:28PM
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, LLC.
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Investment Insights
Based on property information with market context.
This 1,056 +/- SF retail space occupies the ground floor at the corner of Vandever Avenue and Jessup Street in Wilmington. The interior was previously used as a barbershop and has an existing layout that can accommodate barbering, beauty services, and other retail or service businesses.
The corner position provides storefront exposure on both streets, with access to nearby residential neighborhoods and commercial businesses.
The corner position provides storefront exposure on both streets, with access to nearby residential neighborhoods and commercial businesses.
Key Highlights
- 1,056 +/- SF of ground‑floor retail space
- Corner position at Vandever Avenue and Jessup Street
- Previously operated as a barbershop
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,774
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 29%
Hotels & Casinos 7%
Electronics 7%
Popeyes Louisiana Kitchen
Dining
8,037 visits/mo
0.5 miles
Dollar Tree
Shops & Services
6,528 visits/mo
0.5 miles
Sunoco
Shops & Services
6,338 visits/mo
0.5 miles
Dollar General
Shops & Services
6,279 visits/mo
0.5 miles
Residence Inn Wilmington Downtown
Hotels & Casinos
3,057 visits/mo
0.5 miles
Demographics for 19802, DE
26,189
Population
11,596
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
89%
High-School Grad
3.5 sq mi
ZIP Area
7,483
Density / Sq Mi
$54,370
Median Household Income
$39,579
Median Earnings
$1,236
Median Rent
$188,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Wilmington, DE
$24.13 /SF/Yr
Avg Asking Price
$18–$37.5 /SF/Yr
Price Range
6,846 SF
Avg Space Size
Properties on Market for Retail space in Wilmington
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Its existing configuration supports barber, beauty, retail, or other service uses.
Where is this retail space located?
The property is located at 501 Vandever Avenue Wilmington, DE.
What are key features of this property?
This property features: 1,056 +/- SF of ground‑floor retail space; Corner position at Vandever Avenue and Jessup Street; Previously operated as a barbershop
