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NNN Leased Investment Property For Sale 3101 Concord Pike

3,652 SF 14% Leased Retail Building Wilmington, DE 19803 £1,731,855 (£474/SF) 7.12% Net Initial Yield

Investment Highlights

  • Traffic Counts: 47,323 AADT
  • Signage: Pylon

Executive Summary

Rare hard corner NNN investment opportunity on Concord Pike! This 3,652 SF property is situated at the signalized intersection of Concord Pike and Concord Avenue. This excellent investment property features (2) tenants with NNN leases in place allowing for passive income and essentially zero Landlord obligations for years to come. Excellent visibility along one of the most desired corridors in Delaware!

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,652 SF
Building Class
C
Year Built
1980
Price
£1,731,855
Price Per SF
£474
Net Initial Yield
7.12%
NOI
£123,281
Percent Leased
14%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Land Acres
0.36 AC
Zoning
CN
Parking
16 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
194 ft on Concord Pike

Amenities

  • Bus Route
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Security System
  • Signage
  • Signalised Intersection
  • Tenant Controlled HVAC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,145-3,150 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
1st Floor 2,145-3,150 SF Retail End Cap Now

1st Floor

Size
2,145-3,150 SF
Space Use
Retail
Position
End Cap
Available
Now
1 of 1
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Teriyaki Madness
First Watch
Bertucci's
Mission BBQ
Five Guys
Boston Market
TD Bank, N.A.
[Solidcore]
PNC Bank
Starbucks

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-077.00-307
  • 06-077.00-445
 Improvements Assessment £76,612
Land Assessment £90,340 Total Assessment £166,952

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-077.00-307
  • 06-077.00-445
Land Assessment
£90,340
Improvements Assessment
£76,612
Total Assessment
£166,952
(302) 229-1304

  • Listing ID: 28730148

  • Date on Market: 12/06/2023

  • Last Updated:

  • Address: 3101 Concord Pike, Wilmington, DE 19803

The Retail Property at 3101 Concord Pike, Wilmington, DE 19803 is currently available For Sale. Contact DSM Commercial for more information.

Nearby Listings

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3101 Concord Pike, Wilmington, DE for sale Building Photo- Image 1 of 6
Building Photo
3101 Concord Pike, Wilmington, DE for sale Building Photo- Image 2 of 6
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3101 Concord Pike, Wilmington, DE for sale Site Plan- Image 5 of 6
Site Plan

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© 2024 CoStar Group

NNN Leased Investment Property For Sale | 3101 Concord Pike
(302) 229-1304 x

NNN Leased Investment Property For Sale | 3101 Concord Pike

1/2

Andy Fox

(302) 229-1304

(302) 229-1304

Griffin Conaty

(302) 283-1800

(302) 283-1800

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