Property summary
This exceptional investment opportunity presents two single-story buildings totaling 7,122 square feet, situated on a 2.12-acre lot in Wilmington, Delaware. The property boasts 100% occupancy with a strong NOI of $593,000 and a compelling 5.81% cap rate. The asking price is $10,200,000. Built in 2017 and 2018, the property features a Wawa and a WSFS Bank, both operating under long-term triple-net ground leases. Wawa's lease has 13+ years remaining with six 5-year renewal options, while WSFS… Bank's lease has 12+ years remaining with five 5-year renewal options. Both leases include attractive rent bumps every five years, providing a hedge against inflation. The strategic location at the signalized intersection of Rocky Run Parkway and Concord Pike (US Route 202) benefits from high traffic counts exceeding 46,600 vehicles daily on Concord Pike and an additional 27,400 on nearby Naamans Road. The property enjoys proximity to major employers like AstraZeneca, JP Morgan Chase, and DuPont, as well as Wilmington University and other educational institutions. A dense residential population within a 5-mile radius, coupled with numerous national retailers and restaurants in the immediate vicinity, ensures a robust customer base. This prime retail location, combined with the strength of the tenants and the long-term lease structure, makes this a highly desirable investment opportunity. The property is situated in a thriving commercial corridor with excellent visibility and accessibility. The area's demographics are strong, with a high average household income within a 3-mile and 5-mile radius.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,738 SF
- Lot area
- 2.12 ac
- Year built
- 2018
- Stories
- 1
- APN
- 06-019.00-006
- Zoning
- CR
- Assessed value · 2023
- $698,900
- Annual tax · 2023
- $24,590
- Service Station (full Service) · current use
- Medical Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.