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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DENC2102436
Year Built 1965
Annual Tax Amount $55,307
Tax Year 2025
Lot Size 6.130 Acres
Acres 6.13
Lot Dimensions 166.60 x 356.40
Property Sub-Type Retail
Source BRIGHT
Property Description
Anchored by long-standing tenants including Back Burner, Casual Marketplace, and Jennifer's Bridal, the center benefits from a complementary mix of service-oriented retailers that generate consistent local traffic and reinforce its position as a true community destination. The property is currently approximately 80% occupied with a weighted average remaining lease term of 4.8+- years, providing investors with in-place and providing future leasing opportunity. Recent tenant renewals underscore tenant commitment and confidence in the center's vibrancy.
Situated on a 6.13-acre site, Hockessin Corner is a rare opportunity in an increasingly supply constrained marketplace. Existing vacancy creates an immediate value-add opportunity through leasing, repositioning, or owner-user occupancy.
The buildings are fully sprinklered and supported by public water and sewer, with select gas service. Commercial Neighborhood (CN) zoning with HomeTown (HT) Overlay permits a broad range of commercial uses, providing flexibility for future leasing or adaptive reuse.
Strategically located within one of northern Delaware's most affluent and supply-constrained trade areas, Hockessin Corner draws from the high-income residential communities of Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale. The surrounding market is characterized by strong household incomes, high rates of owner occupancy, and long-term residential stability, supporting durable retail demand.
Location
State DE
County New Castle
Area Hockssn/Greenvl/Centrvl (30902)
Zoning CN
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 240.0
Water Access N
Roof Type Architectural Shingle
Accessibility Other
Total Parking Spaces 240
Garage N
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 08-007.40-064
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.
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