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1400a Dupont HwyNew Castle, DE 19720

For Lease
$16/SF/YR

1650 sq ft, Single Tenant, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 1,650 square foot retail space is located in the Continental Shopping Center in New Castle, Delaware, at 1400a N Dupont Hwy, 19720. Boasting a highly desirable location on the northbound side of Dupont Highway, just south of I-295, this property offers unparalleled visibility and accessibility to a large customer base traveling north and south. The space is currently available as a single-tenant occupancy, presenting a unique opportunity for a variety of retail businesses. Benefiting from a long history of successful tenants, this space is ready for immediate occupancy. While no existing hood or restaurant equipment remains, the property is equipped with a grease trap and gas lines, making it ideally suited for food-related businesses requiring these utilities. The tenant will be responsible for completing the build-out to their specifications. The monthly occupancy costs include a base rent of $2,200, common area maintenance (CAM) charges of $282, resulting in a subtotal of $2,482. Annual rent increases of 3% are in place. Additionally, annual property taxes, estimated at approximately $1.25 per square foot, amount to $2,063 annually. A security deposit of $7,000 and a personal guarantee are required. This is the last available space in the Continental Shopping Center, making this a truly exceptional opportunity.

Highlights

  • Low vacancy rate in a stable commercial center.
  • High-traffic location with excellent visibility.
  • Modern amenities and updated building systems.
  • Strong tenant mix providing diverse revenue streams.
  • Favorable lease terms available.

Unit(s) available at that property

Space
Size
1,650 SF
Rate per SF
$16

Location Insight

City
New Castle
County
New Castle
State
Delaware
Latitude
39.689148445198
Longitude
-75.582211208807
1400a Dupont Hwy, New Castle, Delaware

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Contacts

Chris Castagno
Chris Castagno
Visit Broker Website

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1400a Dupont Hwy, New Castle, Delaware, 19720

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1400a Dupont Hwy
  • Chris Castagno
    Chris Castagno
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