7270 Lancaster Pike - Storefront Retail/Office FOR SALE


Hockessin, DE 19707
$2,700,000 USD
302-283-1800
7270 Lancaster Pike, Hockessin, DE for Sale
$2,700,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

7270 Lancaster Pike
Hockessin, DE 19707


HIGHLIGHTS

  • Parking: 90 spaces
  • Frontage: 305' (Lancaster Pike)
  • Drive-Thru Lanes: 3
  • Combined Traffic Counts: 21,795 AADT (Lancaster Pike/Old Lancaster Pike)

OVERVIEW

THE GATEWAY TO HOCKESSIN: This is a rare opportunity to own a prime commercial property along the heavily traveled Lancaster Pike corridor. The current tenant, Wells Fargo, will be vacating at the end of September 2024. This property is zoned Commercial Regional (CR), which allows for a wide variety of commercial uses to be permitted. While currently fit-out for a Bank branch, the property is also well-suited for a potential redevelopment as the Stormwater Management is already in-place on the site. The property’s access and visibility are considered excellent with both ingress/egress and signage along both Lancaster Pike and Old Lancaster Pike. With its prominent location and development possibilities, this property is ideal for businesses seeking a prestigious address.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Wells Fargo Bank - UNDER CONTRACT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

CR

APN/PARCEL ID

08-008.30-009

ASK ABOUT THIS PROPERTY

Griffin ConatyDSM CommercialMore Info
302-283-1800

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Griffin ConatyDSM CommercialMore Info
302-283-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.