273 RteNewark, DE 19702

Property Details for 273 Rte

Property size (Sq ft)

194,171 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Newark

County

New Castle

State

Delaware

Latitude

39.6798

Longitude

-75.6985

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