First State Plaza, a prominent 164,779 square foot retail center in Wilmington, Delaware, presents a unique investment opportunity. This multi-tenant strip mall boasts high visibility on West Newport Pike, offering exceptional access to major roadways including I-95, I-295, I-495, and Route 1. The property's strategic location places it within close proximity to Delaware Park and Christiana Mall, ensuring significant foot traffic and consumer reach. Currently, seven suites are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 7,400 square feet. A substantial 165,012 square feet of space is currently vacant, providing ample opportunity for expansion or diversification. The center is anchored by established national tenants such as ShopRite and McDonald's, further enhancing its appeal and drawing power. Additional co-tenants include a US Post Office, Dollar Tree, and a Cinemark Movie Theater, creating a diverse and attractive retail environment. Ample parking is available with 668 spaces to accommodate customers and employees. Located in New Castle County, Delaware, with a zip code of 19804, this property offers a compelling combination of size, location, and established tenancy, making it an ideal investment for a variety of retail businesses. The property's high visibility and convenient access to major transportation arteries ensure maximum exposure and accessibility for potential tenants.
Highlights
164,779 SF retail center in Wilmington, DE, with high visibility on West Newport Pike.
Seven available suites ranging from 1,200 SF to 7,400 SF contiguous.
165,012 SF of vacant space available.
Anchored by ShopRite and McDonald's, with additional tenants including Dollar Tree, US Post Office, and Cinemark.
668 parking spaces.
Excellent access to I-95, I-295, I-495, and Route 1, near Delaware Park and Christiana Mall.
Strip mall - Wilmington, DE Strip Mall Opportunity
Where is the strip mall located?
The property is located at 1600 Newport Pike Wilmington, DE.
What is the lease rate?
The lease rate is $22.65/SF/YR.
What are key features of this property?
This property features: 164,779 SF retail center in Wilmington, DE, with high visibility on West Newport Pike.; Seven available suites ranging from 1,200 SF to 7,400 SF contiguous.; 165,012 SF of vacant space available.
How can I contact the broker?
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Contacts
Jeff Shahan, SIOR
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Useful Information
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Newport Pike Wilmington, DE 19804
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Newport Pike Wilmington, DE 19804
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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1600 Newport Pike
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