713 Ace Memorial Dr Hockessin, DE 19707
This exceptional 5,400 square foot retail space is situated in the highly desirable Wellington Plaza, located in North Hockessin, Delaware, just south of the Pennsylvania state line. The property boasts a prominent location within the plaza's central marquee, offering unparalleled visibility and accessibility. Previously occupied by a fitness center, the space features a spacious, open floor plan, providing significant flexibility for a variety of retail uses. Wellington Plaza enjoys a strong tenant roster, including popular restaurants such as Okura Japanese, 2 Fat Guys, Luigi's Café, New Dragon Chinese, and Casa Pueblo, as well as Throwbacks Sports Lounge and Hockessin Liquors. This vibrant mix of businesses creates a thriving commercial environment and significant foot traffic, ensuring high potential for success. The property's address is 713 Ace Memorial Drive, Hockessin, DE 19707. This is a rare opportunity to secure a substantial retail space in a prime location within a well-established and successful shopping center. The single-tenant occupancy provides a unique opportunity for a business seeking a large, adaptable space with high visibility in a bustling commercial area. The open floor plan allows for customization to suit specific business needs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.