1403-1415 N DuPont Hwy - Storefront FOR SALE


New Castle, DE 19720
$5,975,000 USD
302-757-5353
1403-1415 N DuPont Hwy, New Castle, DE for Sale
$5,975,000 USD
Storefront - FOR SALE
1/10
null | 7.33% Cap Rate

1403-1415 N DuPont Hwy
New Castle, DE 19720


HIGHLIGHTS

  • Stabilized Cash Flow with Embedded Leasing Upside
  • Daily-Needs Tenancy Driving Consistent Consumer Traffic
  • Dominant Position Along US-13 Retail Corridor
  • Densely Populated Trade Area with Built-In Customer Base
  • Efficient Site Configuration with Strong Parking & Circulation
  • Regional Connectivity Supporting Tenant Stability

OVERVIEW

Manor Park Shopping Center is a ±30,357 SF neighborhood retail center strategically positioned along US-13, one of New Castle County’s primary commercial corridors with approximately 58,000+ vehicles per day. The property is approximately 94% occupied and features a stable mix of national, regional, and service-oriented tenants, supporting consistent daily consumer traffic. The center benefits from signalized access, strong frontage, and direct visibility along N. Dupont Highway, providing long-term exposure within an established retail corridor. The property is supported by surrounding residential density, commuter traffic, and nearby employment generators. Convenient access to I-95, Route 273, Route 141, and the Delaware Memorial Bridge enhances regional connectivity throughout Northern Delaware and the greater Wilmington market. The property’s configuration allows for efficient customer circulation, direct storefront visibility, and ample on-site parking.

FOR SALE DETAILS

PRICE

$5,975,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manor Park Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.68 AC

LAND SF

160,117 SF

ZONING

CR

APN/PARCEL ID

10-014.30-437

ASK ABOUT THIS PROPERTY

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302-757-5353

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302-757-5353

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