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    101 Greenbank Rd Wilmington, DE 19808

    For Lease
    $15 SF/Yr ($10,500 /Mo)

    Prime Retail Space, High Visibility Location

    Lot size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional single-tenant retail property, located at 101 Greenbank Road in Wilmington, Delaware, offers 8,400 square feet of versatile space on a 1.01-acre lot. Situated in New Castle County, this property boasts a highly desirable location with excellent visibility and accessibility. The building features ample parking, accommodating 40+ vehicles, ensuring convenient access for customers and employees. The property's single-tenant occupancy provides a stable and predictable income stream. The address, 101 Greenbank Road, Wilmington, DE 19808, places the property in a thriving commercial area, offering significant potential for a variety of retail businesses. The substantial square footage allows for flexible layouts and configurations to suit diverse operational needs. With its strategic location, ample parking, and generous space, this property presents a compelling opportunity for businesses seeking a prominent presence in the Wilmington market. The property's size and location make it ideal for a wide range of retail uses. The 1.01 acres of land provide ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-located, substantial retail property in a growing area of Wilmington. The property is ready for immediate occupancy, offering a seamless transition for new businesses. Interested parties are encouraged to inquire for further details and to schedule a viewing.

    Property Features for 101 Greenbank Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,400 SF
    Total Rate
    10500

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    8,400 SF
    Rate per SF
    $15

    HighLights

    • 8,400 SF single‑tenant retail building on a 1.01‑acre lot in Wilmington, DE.
    • Free‑standing building in the desirable Prices Corner area.
    • Excellent visibility and access to Centerville Rd, Greenbank Rd, Kirkwood Hwy, and major interstates via Route 141.
    • 40+ paved parking spaces.
    • Versatile layout suitable for various uses including storefront, office, medical, and light flex space.
    • Recently renovated with an open concept, glass‑front entry, and polished concrete floors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Snouts Inc Pet Trainer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6234911
    Latitude
    39.7386758

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility Location
    Where is this retail property located?
    The property is located at 101 Greenbank Rd Wilmington, DE.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 8,400 SF single-tenant retail building on a 1.01-acre lot in Wilmington, DE.; Free-standing building in the desirable Prices Corner area.; Excellent visibility and access to Centerville Rd, Greenbank Rd, Kirkwood Hwy, and major interstates via Route 141.
    Request Owner's contact information
    101 Greenbank Rd Wilmington, DE 19808
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    Wilmington, DE 19808
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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
    101 Greenbank Rd Wilmington, DE 19808
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