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    1424 Dupont Hwy Wilmington Manor, DE 19720

    Sponsored
    For Lease
    Contact for pricing

    High-Visibility Office/Retail Space

    Lot size:
    9,430 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9,430 square foot, two-story building, located at 1424 N Dupont Hwy in Wilmington Manor, DE 19720, presents a unique opportunity for a single tenant or a multi-tenant configuration (one per floor). Situated on a 0.37-acre lot, this property boasts a prime location on a highly visible, signalized intersection with approximately 70-80,000 vehicles per day. The building, constructed in 1955, features an all-brick exterior and offers excellent pylon signage potential. Currently configured as a grocery store with second-floor office space, the interior is adaptable to various uses, including retail, restaurant, office, or assembly. A drive-thru window is possible with modifications. The property is zoned CR - Commercial Regional and includes ample on-site parking, plus shared parking within the Continental Shopping Center. While there is no commercial kitchen currently installed, the tenant has the flexibility to modify the space to meet their specific needs. Utilities are not demised, and a shared utility arrangement is possible for multi-tenant occupancy. The annual property taxes are $15,771. The monthly rent is $8,900, with a monthly NNN CAM charge of $1,610 ($2.05/SF). A $25,000 security deposit and personal guarantee are required at lease commencement. The lease includes a 3% annual rental rate increase. Available September 1, 2024.

    Property Features for 1424 Dupont Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,430 SF

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    9,430 SF

    HighLights

    • 9,430 SF two‑story building on a 0.37‑acre lot in Wilmington Manor, DE.
    • High‑visibility location on a signalized intersection with 70‑80,000 VPD.
    • Adaptable interior suitable for retail, restaurant, office, or assembly uses; drive‑thru possible.
    • CR zoning, ample on‑site parking, plus shared parking in Continental Shopping Center.
    • $8,900/month rent + $1,610/month NNN CAM ($2.05/SF), 3% annual rent increase.
    • $25,000 security deposit and personal guarantee required; available September 1, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Madi African Hair ... Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington Manor
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5813446
    Latitude
    39.689717

    Nearby Comparable

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      1400 Dupont Hwy, Wilmington Manor, DE 19720
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      Retail Space on Dupont Highway

      Retail space available with high traffic count in New Castle.
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    • $4,500 /Mo

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      Freestanding Retail Building For Lease

      Freestanding retail building with access from multiple streets.
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    • $12 SF/Yr
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      Industrial Space with Office

      Warehouse space with office, loading dock, and highway access.
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    • $14 SF/Yr
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      Flex Space with Loading Docks

      19,200 SF flex space available for lease.
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      101,199 SF

      New Castle Warehouse Space

      101,199 SF warehouse space available for lease.
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    Nearby Similar for Lease

    • $11 SF/Yr
      7,500 SF

      Prime Industrial Flex Space in DE

      Versatile warehouse/flex space for lease.
      308 Basin Rd, Wilmington Manor, DE 19720
      View Details
    • $16 SF/Yr
      44,878 SF

      End Cap Retail Space Available

      High-traffic Dupont Hwy location, 18,000 SF.
      1400 Dupont Hwy, Wilmington Manor, DE 19720
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-Visibility Office/Retail Space
    Where is this restaurant located?
    The property is located at 1424 Dupont Hwy Wilmington Manor, DE.
    What are key features of this property?
    This property features: 9,430 SF two-story building on a 0.37-acre lot in Wilmington Manor, DE.; High-visibility location on a signalized intersection with 70-80,000 VPD.; Adaptable interior suitable for retail, restaurant, office, or assembly uses; drive-thru possible.
    Request Owner's contact information
    1424 Dupont Hwy Wilmington Manor, DE 19720
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    Wilmington Manor, DE 19720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1424 Dupont Hwy Wilmington Manor, DE 19720
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