MLS#DENC2102436
STATUSACTIVE
PROPERTY TYPECommercial - Farm
SCHOOLRED CLAY CONSOLIDATED
Property Description
Hockessin Corner presents a rare opportunity to acquire a well-established, multi-tenant neighborhood retail shopping center located in the heart of the affluent Hockessin marketplace in northern Delaware. The property consists of both inline and free-standing buildings summing to approximately 51,700 gross square feet of village-style retail with abundant surface parking. 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.
Property Features
Property Type: Commercial - Farm
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 6.13 Acres
Roof Type: Architectural Shingle
Taxes: $55,307
Year Built: 1965
Feature Descriptions
Exterior: Frame
Location: Suburban
Lot: Level
Lot Dimensions: 6.13 Acre(S)
Parking Notes: Handicap Parking, Paved Parking, Unassigned
Sewer: Public Sewer
Total Garage/Parking Spaces: 240
Water: Public
Local Schools
School District: RED CLAY CONSOLIDATED
Listed By / Shown By
Listed By
Agency Name: Pantano Real Estate Inc
Agency Phone: 3028880300
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
1220 Old Lancaster Pike | MLS# DENC2102436
This commercial property located at 1220 Old Lancaster Pike , Hockessin, DE 19707 is currently listed for sale with an asking price of $3,900,000. Old Lancaster Pike is located within the RED CLAY CONSOLIDATED school district. Search Hockessin real estate on www.realtymark.net today.