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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A-D | 7,037 SF | 5 Years | $22.00 CAD/SF/YR $1.83 CAD/SF/MO $154,841 CAD/YR $12,903 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A-D
Rare restaurant/bar opportunity available along the highly visible Kirkwood Highway retail corridor. Suite A-D at 3421 Kirkwood Highway offers approximately 7,037 SF of existing restaurant, bar, lounge, dining, and entry-area improvements, providing a strong platform for a food, beverage, entertainment, or hospitality operator seeking a high exposure location with substantial existing buildout in place. The space faces Kirkwood Highway and is located within an established retail center with nearby parking and co-tenants including Gigante Market, Midas and Advance Auto Parts. Current condition photos show an existing bar/lounge setup, dining areas, entry/host area and frontage/signage opportunity, making this a compelling option for an operator looking to reposition or rebrand an existing restaurant/bar environment.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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.
Select Tenants at 3421 Kirkwood Hwy, Wilmington, DE 19808
- Tenant
- Description
- US Locations
- Reach
- Advance Auto Parts
- Retailer
- -
- -
- Champion Trophies, Inc.
- Retailer
- 1
- Local
- Gigante International Food Mkt
- Supermarket
- 2
- Local
- Midas
- Automotive
- 1,331
- International
| Tenant | Description | US Locations | Reach |
| Advance Auto Parts | Retailer | - | - |
| Champion Trophies, Inc. | Retailer | 1 | Local |
| Gigante International Food Mkt | Supermarket | 2 | Local |
| Midas | Automotive | 1,331 | International |
Property Facts
| Total Space Available | 7,037 SF | Total Land Area | 4.47 AC |
| Property Type | Retail | Year Built | 1990 |
| Gross Leasable Area | 39,069 SF | Parking Ratio | 3.33/1,000 SF |
| Total Space Available | 7,037 SF |
| Property Type | Retail |
| Gross Leasable Area | 39,069 SF |
| Total Land Area | 4.47 AC |
| Year Built | 1990 |
| Parking Ratio | 3.33/1,000 SF |
About the Property
The Depot at 3421 Kirkwood Highway is an established retail center offering direct visibility along the Kirkwood Highway corridor in Wilmington, Delaware. The property provides convenient access, nearby parking and exposure within a strong surrounding trade area, making it well suited for restaurant, bar, lounge, entertainment, retail, service or hospitality oriented users. Suite A-D presents an existing restaurant/bar/lounge environment with dining, bar and entry area improvements shown in current condition photos. The space faces Kirkwood Highway and offers a potential frontage/signage opportunity, subject to approvals and independent verification. The center includes nearby parking, with parking located below the unit and stair access adjacent to the entry point, and co-tenants including Gigante Market, Midas and Advance Auto Parts. Availability, possession, condition, delivery timing, existing improvements, FF&E/equipment ownership, signage rights, utilities, permitted use, zoning, parking and code compliance are subject to confirmation and independent verification.
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
3421 Kirkwood Hwy
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