3300 Concord PikeWilmington, DE 19803

Property Details for 3300 Concord Pike

Year built

1960

Construction

CONCRETE

Lot size

0.58 AC

Property size (Sq ft)

8,738 SF

Zone code

CN

Property type

Retail properties

Property subtype

Retail space

APN

06-064.00-075

APU

606400075

Description

This exceptional commercial property at 3300 Concord Pike in Wilmington, Delaware, offers 7,066 square feet of versatile retail and office space currently available for lease. The building is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,302 square feet to a maximum contiguous space of 2,130 square feet. The entire 7,066 square feet is currently vacant, presenting a unique opportunity for a single large tenant or multiple smaller businesses seeking a prestigious location. Situated in Wilmington, DE, 19803, this property boasts excellent visibility and accessibility, making it an attractive option for a variety of businesses. The "Executive Office" designation highlights the high-quality finishes and professional atmosphere suitable for businesses seeking a sophisticated image. The property's classification as both "Retail" and "Office" suggests flexibility in its potential uses, catering to a broad range of commercial needs. Interested parties are encouraged to inquire about lease terms and explore the possibilities this prime Wilmington location offers. The property's convenient location and ample square footage make it an ideal choice for businesses seeking to establish or expand their presence in the vibrant Wilmington market. This is a rare opportunity to secure a significant amount of high-quality commercial space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,489,534

  6.5%

  $5,067,262

  7%

  $4,705,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,669,812

  Geo Method

  $2,877,102

• Alternative Use

  Use

  Valuation

  Residential

  $4,274,425

  Hospitality

  $3,915,350

  Educational

  $3,257,526

  Medical

  $3,369,557

  Retail

  $5,067,262

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.8015

Longitude

-75.5486

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].