Spaces For Lease

at 701 S Union St Contact us

701 S Union St $32/SF/Yr

Floor

1

Size

600 SF

Type

RETAIL

Availability

AVAILABLE, Now

Sublease

No

Contact us

Listing Agency: Gioffre Commercial Realty Show Phone

Listed By: Alan Mazzetti · License #RS-0020849

Source: Moodyscre

Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:49AM

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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

Property Profile

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

Explore this area Business Placement

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

Market

Lease Benchmarks for Wilmington, DE

$22.29 /SF/Yr

Avg Asking Price

$18.5–$28 /SF/Yr

Price Range

12,190 SF

Avg Space Size

This space is priced 44% above the average of $22.29 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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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