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Property profile & analytics
OFF-MARKET
Other commercial real estate

1609 Northeast Blvd Wilmington, DE 19802

0.28 ac lot Built 1994
Property ID
Property summary
AI-generated overview

This exceptional commercial lease opportunity presents a 750-square-foot retail space situated on a 0.28-acre lot at 1609 Northeast Boulevard in Wilmington, Delaware. The property boasts a prime location on a highly trafficked street, ensuring excellent visibility and customer access. Its versatile layout is suitable for a wide range of businesses, including retail stores, restaurants, and fast-food franchises. A significant advantage is the inclusion of a drive-thru, ideal for quick-service establishments. Ample parking is available, with over 10 spaces to accommodate customers. The property also offers spacious indoor and outdoor seating areas, providing flexibility for various business models. The 106-foot frontage on Northeast Boulevard guarantees high visibility and easy access for customers. This is a unique chance to establish or expand your business in a thriving Wilmington location. The property's size and features make it an attractive option for businesses seeking a high-traffic, convenient location with ample space for operations and customer convenience. Don't miss this opportunity to secure a prominent position in a busy commercial area.

Property profile
Verified
Property type Other commercial real estate
Year built 1994
Lot 0.28 ac (12,197 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • HANA EXPRESS Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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