8977 DUPONT Blvd, Lincoln, DE 19960
Retail space on 0.69 acres with highway frontage.
- Added:
- Mar 12, 2026
- Days on Market:
- 118
- Last Refresh:
- Jul 2 at 6:03 pm
Property Features for 8977 DUPONT Blvd
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.69 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2015
Listing office Keller Williams Realty (302) 632-7407
Listing date Mar 12, 2026
Source Elliman
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HighLights
- Prime highway location with high traffic volume (22,000+ AADT) and 200‑foot road frontage.
- Currently under lease at $42,000 per year.
- DelDot commercial approved entry with heavy duty under structure for large load capacity.
- Large walk‑in freezer and refrigerator, extra‑large capacity septic for future expansion.
- Low annual taxes (approximately $640) and no town tax.
- ADA compliant with accessible shop entry and parking.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $13.80 |
| − Vacancy | −$3.3k | −$0.99 |
| EGI | $42.3k | $12.81 |
| − OpEx | −$12.7k | −$3.84 |
| NOI | $29.6k | $8.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Sussex
- State
- Delaware
- Longitude
- -75.4388
- Latitude
- 38.8519