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End-Cap Restaurant with Patio
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For Sale
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701 Ace Memorial, Hockessin, DE 19707

Former restaurant space with existing infrastructure and optional furniture, fixtures, kitchen, and catering equipment.

Property Size2,040 SF
Days on Market7

Property Features for 701 Ace Memorial

General Information

Standard status Active
Size 2,040 SF
Property subtype Retail
Lease Term NNN

Additional Details

End Cap Yes
Patio Yes

Building Details

Building Size 2,040 SF

Properties For Sale

at 701 Ace Memorial Contact us

701 Ace Memorial Drive

Size
2,040 SF
Term
Negotiable
Contact us
Listed By: Joseph Latina, SIOR
Source: Lmtcre
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 24 at 8:42AM

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 Joseph Latina, SIOR

Investment Insights

Based on property information with market context.

Former restaurant space configured as an end-cap property with patio area and existing restaurant infrastructure. The available improvements include furniture, fixtures, kitchen equipment, and catering equipment, which may be purchased separately with the property.

The property is located at 701 Ace Memorial in Hockessin, Delaware. Its existing restaurant configuration and outdoor patio support continued food-service use, subject to applicable approvals and transaction terms.

Key Highlights

  • End‑cap restaurant property with patio space
  • Existing restaurant infrastructure in place
  • Furniture, fixtures, kitchen, and catering equipment available for purchase

Property Analytics

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Current Use

2 Fat Guys Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Pharmacy Dental Office Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19707, DE

17,274
Population
6,610
Households
2.6
Avg Household Size
48
Median Age
65%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
1,309
Density / Sq Mi
$172,161
Median Household Income
$90,171
Median Earnings
$2,230
Median Rent
$534,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant space with existing infrastructure and optional furniture, fixtures, kitchen, and catering equipment.
Where is this conventional restaurant located?
The property is located at 701 Ace Memorial Hockessin, DE.
What are key features of this property?
This property features: End‑cap restaurant property with patio space; Existing restaurant infrastructure in place; Furniture, fixtures, kitchen, and catering equipment available for purchase
More about this property
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