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2303 Lancaster Ave 450 SF of Retail Space Available in Wilmington, DE 19805
HIGHLIGHTS
- High-visibility Lancaster Avenue location
- Street-level entrance with display windows
- Strong surrounding residential density
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 450 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 3
Excellent opportunity to lease a ±450 square foot retail storefront along the highly traveled Lancaster Avenue corridor in Wilmington. This street-level space offers strong visibility, consistent traffic, and convenient access to nearby residential neighborhoods and local businesses. The unit is well-suited for a boutique retail user, service-based business, office, or specialty shop seeking an affordable footprint in an established area. Large storefront windows provide natural light and signage potential, helping create a strong street presence. Located just minutes from Route 141, I-95, and downtown Wilmington, this space offers easy access for customers and employees alike. $900.00/month plus electric
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Corner Space
- High-visibility Lancaster Avenue location
- Street-level entrance with display windows
- Ideal for boutique retail-service-small office
- ±450 SF retail storefront
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 450 SF | Gross Leasable Area | 3,500 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.71/1,000 SF |
| Total Space Available | 450 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,500 SF |
| Year Built | 1970 |
| Parking Ratio | 1.71/1,000 SF |
ABOUT THE PROPERTY
Multi-Unit retail/office building located along heavily traveled Lancaster Ave in Wilmington, DE. Currently have a small retail/office unit available for lease, approx. 450 SF.
NEARBY MAJOR RETAILERS
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2303 Lancaster Ave
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