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    3301 Lancaster Pike Wilmington, DE 19805

    For Lease
    $16 SF/Yr

    Prime Wilmington Retail Space, High Visibility

    Lot size:
    60,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Cannery, located at 3301 Lancaster Pike in Wilmington, Delaware, is a multi-tenant retail strip center offering exceptional opportunities for businesses seeking high-traffic locations. This 60,175 square foot property sits on 4.12 acres of land in New Castle County, and boasts excellent visibility and ample parking. Currently, there are three available spaces ranging from 1,200 to 7,426 square feet, providing flexibility for various business needs. The center enjoys a strong tenant mix, including established businesses such as Wagner’s Hardware, Omka Sushi, Doggie Style Hotdogs, Concentra, and a Children’s Dental Health Practice, creating a vibrant and successful retail environment. The property's strategic location in Wilmington, Delaware, 19805, ensures easy access for customers and employees. With a total of 14,966 square feet currently vacant, this presents a unique chance to establish or expand your business within a thriving commercial hub. The minimum divisible space is 1,200 square feet, making it ideal for a variety of retail concepts. This is a rare opportunity to secure a prime retail space in a high-traffic area with strong existing tenants. Contact us today to learn more about leasing opportunities.

    Property Features for 3301 Lancaster Pike

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,175 SF
    Total Rate
    82740.63

    Unit(s) available at that property

    Space
    Unit 3 G/H
    Size
    2,660 SF
    Rate per SF
    $16
    Space
    Unit 9
    Size
    7,426 SF
    Rate per SF
    $16
    Space
    Unit 1 A
    Size
    1,200 SF
    Rate per SF
    $18

    HighLights

    • High‑visibility suburban location on Lancaster Pike (Rt. 48), a major thoroughfare with 15,900 vehicles per day.
    • Second‑generation medical office space available for lease.
    • Conveniently located near Wilmington Charter School and Tower Hill School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Omka Grill & Sushi Japanese Restaurant Children's Dental Health ... Pediatric Dentist Walgreens Photo Passport Photo Processor Unity Asset Mgmt., ... Property Management Company Muncie Insurance & Financial ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.58969902
    Latitude
    39.75291629

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Wilmington Retail Space, High Visibility
    Where is this neighborhood center located?
    The property is located at 3301 Lancaster Pike Wilmington, DE.
    What is the lease rate?
    The lease rate is $16-$18 SF/Yr.
    What are key features of this property?
    This property features: High-visibility suburban location on Lancaster Pike (Rt. 48), a major thoroughfare with 15,900 vehicles per day.; Second-generation medical office space available for lease.; Conveniently located near Wilmington Charter School and Tower Hill School.
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    3301 Lancaster Pike Wilmington, DE 19805
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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
    3301 Lancaster Pike Wilmington, DE 19805
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