273 RteNewark, DE 19702

For Sale

High-traffic Delaware shopping center

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 194,171 square foot shopping center, located in Newark, Delaware, presents a rare investment opportunity. Situated on Route 273 in New Castle County (zip code 19702), this retail property boasts unparalleled regional accessibility due to its proximity to major roadways, including I-95 and DE Route 1. The center serves a substantial population base, with 280,000 people residing within a 15-minute drive. This high barrier-to-entry market makes this a particularly attractive proposition for discerning investors. A key feature of this property is a readily available 7,500 square foot second-generation restaurant space, perfect for a variety of culinary concepts. The property's strategic location and substantial size offer significant potential for growth and strong returns. The center's established presence within a thriving community ensures a consistent flow of customers, making it an ideal location for a diverse range of retail businesses. This is a unique chance to acquire a well-positioned asset in a highly desirable market. The property's size and location make it an excellent investment opportunity for those seeking a strong return on investment in a high-demand area.

Highlights

  • 194,171 square foot shopping center in Newark, DE (zip code 19702).
  • Excellent location on Route 273, near I-95 and DE Route 1, serving a 15-minute drive-time population of 280,000.
  • Features a 7,500 square foot second-generation restaurant space.
  • High barrier-to-entry market offering strong potential for growth and ROI.

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6797589
Longitude
-75.6984742
273 Rte, Newark, Delaware

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273 Rte
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