516-534 Greenhill Ave Wilmington, DE 19805
- Neighborhood centers
- 28,000 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 516-534 Greenhill Ave
- Property size
- 28,000 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Wawaset Plaza, located at 516-534 Greenhill Ave in Wilmington, Delaware (zip code 19805), offers a fantastic opportunity for retail and restaurant businesses. This established neighborhood center boasts a total of 28,000 square feet and features two suites currently available. The minimum divisible space is 1,197 square feet, with a maximum contiguous space of 2,150 square feet. A total of 3,347 square feet is currently vacant, offering flexibility for various business needs. The property is situated on heavily trafficked Greenhill Avenue, between Lancaster Avenue and Pennsylvania Avenue, ensuring high visibility and accessibility. The existing tenant mix includes a wine and spirits store, an obstetrics practice, and a high-end day spa, creating a strong synergy and significant foot traffic for potential tenants. This presents a unique opportunity to join a thriving retail environment in a desirable Wilmington location. The property is located in New Castle County, Delaware. The building is a strip center style property, suitable for street retail, salons, bars, or office uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5586
- Latitude
- 39.7604
