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1402 E Newport Pike
Wilmington, DE 19804

$2,435,953 USD

Freestanding For Sale  •  9,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 1.02 AC
  • Building Class B
  • Year Built 2015
  • Cap Rate 8.50 %
  • Tenancy Single
  • Zoning CN
0 Transit Score
52 Walk Score

Highlights

Attractive Rent Increases
Zero Management Responsibilities
Investment Grade Credit
Strategic Retail Location
Recession Resistant Tenant
Strong Demographics
Cap Rate: 8.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 4/30/2030

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Wilmington (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 8 min - 3.4 mi
Churchmans Crossing (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 10 min - 5.1 mi
AirportDriveWalkDistance
Philadelphia International 38 min - 26.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Austin Smith 202-448-1716 Horvath & Tremblay
Austin Smith 202-448-1716 Horvath & Tremblay