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Retail Space in Wilmington

701 S Union St, Wilmington, DE

For Lease
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Versatile 600 SF retail space in bustling commercial area.

Space Size600 SF
Lot Size0.35 Acres
Days on Market351

Property Features for 701 S Union St

General Information

Standard status Active
Size 600 SF
Lot size 0.35 Acres
Property subtype RETAIL

Spaces For Lease

at 701 S Union St
701 S Union St $32/SF/Yr
Floor 1
Size 600 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
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Listing Agency: Gioffre Commercial Realty
Listed By: Alan Mazzetti · License DE RS-0020849
Source: Moodyscre
Added: Nov 25, 2025 Changed: Nov 8 Last Checked: Nov 8 at 8:32AM

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 Gioffre Commercial Realty

Rey
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Investment Insights

Based on property information with market context.

This property, situated in a bustling commercial environment, offers high visibility and traffic. The space provides approximately 600 square feet of versatile area, suitable for a variety of businesses or medical offices.

Key Highlights

  • High visibility and traffic in a bustling commercial environment
  • Approximately 600 square feet of versatile space
  • Suitable for a variety of businesses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

WOODS DELI Grocery & Convenience Store The Groom Bar Barber Shop Sam smoke shop (Bike/Boat/Book/etc) Store Mula Fashion Clothing Store Poise Studios Spa & Massage Center

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Acupuncture

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

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 92% Shops & Services 8%
McDonald's Dining
19,695 visits/mo 0.1 miles
Domino's Pizza Dining
3,025 visits/mo 0.5 miles
Dogtopia Shops & Services
1,868 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

This space is priced 33% above the average of $24.13 /SF/Yr.

Properties on Market for Retail space in Wilmington

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Versatile 600 SF retail space in bustling commercial area.
Where is this retail space located?
The property is located at 701 S Union St Wilmington, DE.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: High visibility and traffic in a bustling commercial environment; Approximately 600 square feet of versatile space; Suitable for a variety of businesses
(302) 223-5225 · Office Call to check price and availability
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