2500 Dupont Hwy Camden, DE 19934
This exceptional investment opportunity presents a thriving, 49,403 square foot Redner's retail center, the top-performing location in Delaware and a top 10 nationally. Strategically located at a signalized intersection on South Dupont Highway and Old North Road in Camden, Delaware, this property boasts over 50,000 vehicles passing daily. The nearly 5-acre site includes two buildings, totaling 49,403 square feet, and offers 210 parking spaces. The property features a gas station, grocery store, and pharmacy, all operating under a single, corporate-guaranteed net lease with 100% occupancy. Built in 2013, this single-story complex benefits from its high-traffic location within a vibrant retail corridor, surrounded by top-performing national retailers including Walmart, Wawa, McDonald's, Dairy Queen, and Starbucks. Its proximity to Caesar Rodney High School (over 2,200 students) and the Dover Motor Speedway (attracting over 2.4 million visitors annually) further enhances its strong performance. The property's exceptional location and high-performing tenant make it an attractive investment opportunity with significant upside potential. The asking price is $6,704,700. The property includes six gas pumps and is situated on a 4.95-acre lot. This is a rare chance to acquire a premier retail asset in a high-growth market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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