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Property summary
This Class A, 44,000 square foot retail shopping center is strategically located at 2675 Pulaski Highway in Newark, Delaware, zip code 19702, in New Castle County. The property sits on a 10.27-acre lot and offers a variety of spaces for lease, ideal for multiple tenants. Units range from a minimum of 1,326 square feet to a maximum contiguous space of 8,000 square feet, with 15,326 square feet currently vacant. The center boasts a highly visible location at a fully signalized intersection on Pulaski Highway (Route 40), just west of People's Plaza Shopping Center and near the Delaware/Maryland state line. This prime location benefits from its proximity to established residential areas and new construction communities, ensuring a strong customer base. The property is surrounded by new retail and office complexes, creating a vibrant and thriving commercial environment. Current tenants include well-known brands such as Taco Bell, AutoZone, GoHealth Urgent Care, Novacare, and Smoothie King, providing excellent co-tenancy opportunities for new businesses. This exceptional retail opportunity in tax-free Delaware offers significant potential for growth and success. The property is classified as Retail, Office, and Land, with a subtype of Commercial, Storefront, and Strip Center.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
H · Newark, DEZoning
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