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Renovated Retail Storefront
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704-706 N Market St, Wilmington, DE 19801

Renovated storefront with an open floor plan, two Market Street entrances, and three bathrooms.

Space Size4,969 SF
Days on Market1035

Property Features for 704-706 N Market St

General Information

Standard status Active
Size 4,969 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 704-706 N Market St Contact us

706 N Market St $16/SF/Yr

Floor
1
Size
4,969 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Renovated storefront along Market Street. Come join the retail revival of Downtown...
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Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Chris Moore
Source: Moodyscre
Added: Oct 13, 2023 Changed: Aug 8 Last Checked: Aug 11 at 6:53AM

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 / CORFAC International

Investment Insights

Based on property information with market context.

Renovated retail storefront totaling 4,969 +/- SF with a contemporary interior featuring an exposed-duct look and an open floor plan. The space offers two entrances on Market Street and includes three bathrooms for customer and/or staff use.

The storefront is served by a 200 Amp, 240 Volt, 3 Phase electric service. HVAC is supported by three zones of heat/air using heat pump equipment, providing flexibility for different areas of the layout.

Designed for a tenant that values flexible retail presentation, the configuration combines multiple entry points with a modern, open interior feel and the electrical and HVAC capacity needed for everyday operations.

Key Highlights

  • 4,969 +/- SF renovated retail storefront
  • Two entrances on Market Street
  • 200 Amp, 240 Volt, 3 Phase electric service

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Bakery Storage Facility Veterinary Clinic Carpet & Flooring Store Pet Grooming Service Locksmith

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,565
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 39% Dining 33% Shops & Services 22% Electronics 4%
McDonald's Dining
16,382 visits/mo 0.5 miles
BP Shops & Services
6,940 visits/mo 0.5 miles
Sheraton Suites Wilmington Downtown Hotels & Casinos
5,726 visits/mo 0.3 miles
Doubletree by Hilton Downtown Wilmington - Legal District Hotels & Casinos
5,265 visits/mo 0.1 miles
Courtyard Wilmington Downtown Hotels & Casinos
3,169 visits/mo 0.3 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

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Florist 801 N Broom St, Wilmington, DE 19806

Frequently Asked Questions

What type of property is this?
Storefront property - Renovated storefront with an open floor plan, two Market Street entrances, and three bathrooms.
Where is this storefront property located?
The property is located at 704-706 N Market St Wilmington, DE.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 4,969 +/- SF renovated retail storefront; Two entrances on Market Street; 200 Amp, 240 Volt, 3 Phase electric service
(302) 383-1911 Call to check price and availability
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