3300 Concord Pike Wilmington, DE 19803
- Retail space
- 8,738 SF
- 0.58 lot acres
Current Use by Public Records
- Glaxosmithkline Capital Inc / Pharmaceutical Company / Research And Product Development
- Neuro Fitness Therapy / Physical Fitness Program / Speech Pathologist
- Katherine Jezyk / Occupational Therapist
- Michelle Kerzner / Occupational Therapist
- Judith Roberson / Speech Pathologist
Property Details for 3300 Concord Pike
- Year built
- 1960
- Construction
- CONCRETE
- Lot size
- 0.58 lot acres
- Property size
- 8,738 SF
- Zone code
- CN
- Property type
- Retail space
- APN
- 06-064.00-075
- APU
- 606400075
Description
This exceptional commercial property at 3300 Concord Pike in Wilmington, Delaware, offers 7,066 square feet of versatile retail and office space currently available for lease. The building is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,302 square feet to a maximum contiguous space of 2,130 square feet. The entire 7,066 square feet is currently vacant, presenting a unique opportunity for a single large tenant or multiple smaller businesses seeking a prestigious location. Situated in Wilmington, DE, 19803, this property boasts excellent visibility and accessibility, making it an attractive option for a variety of businesses. The "Executive Office" designation highlights the high-quality finishes and professional atmosphere suitable for businesses seeking a sophisticated image. The property's classification as both "Retail" and "Office" suggests flexibility in its potential uses, catering to a broad range of commercial needs. Interested parties are encouraged to inquire about lease terms and explore the possibilities this prime Wilmington location offers. The property's convenient location and ample square footage make it an ideal choice for businesses seeking to establish or expand their presence in the vibrant Wilmington market. This is a rare opportunity to secure a significant amount of high-quality commercial space in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $460,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $600,000
- 6.5%
- $515,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $480,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $635,000
- Mixed-Use
- $625,000
- Hospitality
- $560,000
- Educational
- $640,000
- Residential Income
- $550,000
- Energy
- $500,000
- Income-Based Land
- $620,000
- Food Service
- $515,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5486
- Latitude
- 39.8015
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
