1424 Dupont HwyWilmington Manor, DE 19720

For Lease

High-Visibility Office/Retail Space

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 9,430 square foot, two-story building, located at 1424 N Dupont Hwy in Wilmington Manor, DE 19720, presents a unique opportunity for a single tenant or a multi-tenant configuration (one per floor). Situated on a 0.37-acre lot, this property boasts a prime location on a highly visible, signalized intersection with approximately 70-80,000 vehicles per day. The building, constructed in 1955, features an all-brick exterior and offers excellent pylon signage potential. Currently configured as a grocery store with second-floor office space, the interior is adaptable to various uses, including retail, restaurant, office, or assembly. A drive-thru window is possible with modifications. The property is zoned CR - Commercial Regional and includes ample on-site parking, plus shared parking within the Continental Shopping Center. While there is no commercial kitchen currently installed, the tenant has the flexibility to modify the space to meet their specific needs. Utilities are not demised, and a shared utility arrangement is possible for multi-tenant occupancy. The annual property taxes are $15,771. The monthly rent is $8,900, with a monthly NNN CAM charge of $1,610 ($2.05/SF). A $25,000 security deposit and personal guarantee are required at lease commencement. The lease includes a 3% annual rental rate increase. Available September 1, 2024.

Highlights

  • 9,430 SF two-story building on a 0.37-acre lot in Wilmington Manor, DE.
  • High-visibility location on a signalized intersection with 70-80,000 VPD.
  • Adaptable interior suitable for retail, restaurant, office, or assembly uses; drive-thru possible.
  • CR zoning, ample on-site parking, plus shared parking in Continental Shopping Center.
  • $8,900/month rent + $1,610/month NNN CAM ($2.05/SF), 3% annual rent increase.
  • $25,000 security deposit and personal guarantee required; available September 1, 2024.

Property Details for 1424 Dupont Hwy

Property type
Other retail properties, Restaurants
RSF (Rentable sq. ft)
9,430 SF
Year Built
1955
Buildings
1
Stories
2

Unit(s) available at that property

Space
Size
9,430 SF

Location Insight

City
Wilmington Manor
County
State
Delaware
Latitude
39.689717
Longitude
-75.5813446
1424 Dupont Hwy, Wilmington Manor, Delaware

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1424 Dupont Hwy
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