For Lease
$22.65/SF/YR

1600 Newport Pike Wilmington, DE 19804

Wilmington, DE Strip Mall Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
First State Plaza, a prominent 164,779 square foot retail center in Wilmington, Delaware, presents a unique investment opportunity. This multi-tenant strip mall boasts high visibility on West Newport Pike, offering exceptional access to major roadways including I-95, I-295, I-495, and Route 1. The property's strategic location places it within close proximity to Delaware Park and Christiana Mall, ensuring significant foot traffic and consumer reach. Currently, seven suites are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 7,400 square feet. A substantial 165,012 square feet of space is currently vacant, providing ample opportunity for expansion or diversification. The center is anchored by established national tenants such as ShopRite and McDonald's, further enhancing its appeal and drawing power. Additional co-tenants include a US Post Office, Dollar Tree, and a Cinemark Movie Theater, creating a diverse and attractive retail environment. Ample parking is available with 668 spaces to accommodate customers and employees. Located in New Castle County, Delaware, with a zip code of 19804, this property offers a compelling combination of size, location, and established tenancy, making it an ideal investment for a variety of retail businesses. The property's high visibility and convenient access to major transportation arteries ensure maximum exposure and accessibility for potential tenants.

Highlights

  • 164,779 SF retail center in Wilmington, DE, with high visibility on West Newport Pike.
  • Seven available suites ranging from 1,200 SF to 7,400 SF contiguous.
  • 165,012 SF of vacant space available.
  • Anchored by ShopRite and McDonald's, with additional tenants including Dollar Tree, US Post Office, and Cinemark.
  • 668 parking spaces.
  • Excellent access to I-95, I-295, I-495, and Route 1, near Delaware Park and Christiana Mall.

Property Details for 1600 Newport Pike

Property type
Strip malls, Retail properties
RSF (Rentable sq. ft)
164,779 SF

Unit(s) available at that property

Space
(address 1625) contiguous to Suite 12
Size
1 SF
Rate per SF
$22.65
Space
Suite 21 B
Size
1,658 SF
Rate per SF
$22.65
Space
Suite 14
Size
1,200 SF
Rate per SF
$22.65
Space
Suite 12
Size
3,000 SF
Rate per SF
$22.65
Space
Suite 8
Size
1,626 SF
Rate per SF
$22.65
Space
Suite 6b
Size
7,400 SF
Rate per SF
$22.65
Space
Suite 6a
Size
1,617 SF
Rate per SF
$22.65

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7148676
Longitude
-75.6302649

FAQs

What type of property is this?
Strip mall - Wilmington, DE Strip Mall Opportunity
Where is the strip mall located?
The property is located at 1600 Newport Pike Wilmington, DE.
What is the lease rate?
The lease rate is $22.65/SF/YR.
What are key features of this property?
This property features: 164,779 SF retail center in Wilmington, DE, with high visibility on West Newport Pike.; Seven available suites ranging from 1,200 SF to 7,400 SF contiguous.; 165,012 SF of vacant space available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1600 Newport Pike
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