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1402 E Newport Pike
Wilmington, DE 19804

$2,855,942 USD

Freestanding For Sale  •  9,100 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,100 SF
• Lot Size 1.02 AC
• Building Class B
• Year Built 2015
• Cap Rate 7.25 %
• Tenancy Single
• Zoning CN

0 Transit Score

50 Walk Score

Highlights

Attractive Rent Increases

Zero Management Responsibilities

Investment Grade Credit

Strategic Retail Location

High Traffic Counts

Recession Resistant Tenant

Cap Rate:

7.25 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Wilmington (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	7 min	-	3.3 mi
Churchmans Crossing (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	9 min	-	5.1 mi
Airport	Drive	Walk	Distance
Philadelphia International	37 min	-	26.7 mi