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    FOR LEASE
    Strip malls

    2511 W 4Th St, Wilmington, DE 19805

    7,293 SF 0.54 ac lot Built 1988
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US17-0481433
    Property summary
    AI-generated overview

    This exceptional retail storefront opportunity, part of the Hawley Plaza shopping center in Wilmington, Delaware, offers 2,040 square feet of immediately available space within a larger 10,200 square foot building. Built in 1988 and situated on a 0.54-acre lot, this property boasts high visibility from the roadway, providing excellent signage potential for increased brand awareness. The center features ample parking with a total of 35 spaces, ensuring convenient access for customers. Its strategic location off Greenhill Avenue places it in close proximity to numerous local parks and other established retailers, both large and small, creating a thriving commercial environment. The property is zoned C and is part of a multi-tenant building with a total of five suites. The minimum divisible space is 2,040 square feet, and the maximum contiguous space available is also 2,040 square feet. This presents a fantastic chance for businesses seeking a well-located, highly visible retail space in a bustling Wilmington commercial area. The property's convenient location and ample parking make it an attractive option for a variety of retail uses. Don't miss this opportunity to establish your business in a prime Wilmington location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1988
    Construction CONCRETE
    Total area 7,293 SF
    Lot 0.54 ac (23,522 SF)
    Zoning code 26C-2
    APN 26-019.30-163
    UPID US17-0481433
    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
    • King Garden Restaurant Restaurant
    • CK Fitness LLC Gym & Fitness Center
    • Little Scholars Learning Center Daycare Center
    • Little Wonder Child Dev Center High School Daycare Center
    • In The Cut Barber Suite Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Abessinio Property Management · 18 yrs held
    Abessinio Property Management
    since 2007
    2 recorded transactions
    2007
    $1.5M
    1969
    Zoning & alternative use
    26C-2 · Wilmington, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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