1424 Dupont Hwy Wilmington Manor, DE 19720

Property Details for 1424 Dupont Hwy

Year built

1955

Construction

CONCRETE

Lot size

0.37 lot acres

Property size

4,715 SF

Zone code

CR

Property type

Banks

APN

10-014.00-010

APU

1001400010

Description

This exceptional 9,430 square foot, two-story building, located at 1424 N Dupont Hwy in Wilmington Manor, DE 19720, presents a unique opportunity for a single tenant or a multi-tenant configuration (one per floor). Situated on a 0.37-acre lot, this property boasts a prime location on a highly visible, signalized intersection with approximately 70-80,000 vehicles per day. The building, constructed in 1955, features an all-brick exterior and offers excellent pylon signage potential. Currently configured as a grocery store with second-floor office space, the interior is adaptable to various uses, including retail, restaurant, office, or assembly. A drive-thru window is possible with modifications. The property is zoned CR - Commercial Regional and includes ample on-site parking, plus shared parking within the Continental Shopping Center. While there is no commercial kitchen currently installed, the tenant has the flexibility to modify the space to meet their specific needs. Utilities are not demised, and a shared utility arrangement is possible for multi-tenant occupancy. The annual property taxes are $15,771. The monthly rent is $8,900, with a monthly NNN CAM charge of $1,610 ($2.05/SF). A $25,000 security deposit and personal guarantee are required at lease commencement. The lease includes a 3% annual rental rate increase. Available September 1, 2024.

Location Insight

City

New Castle

County

New Castle

State

Delaware

Longitude

-75.5811

Latitude

39.6897

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments