The subject property comprises a commercial retail pad approved for the development of up o 8,000 sf of retail/restaurant space. The property is positioned on the southwest corner of Rt. 273 and S. Gerald Drive which is a fully signalized intersection. Aside from the 8,000 sf pad itself, the majority of the site improvements have been completed.
The site is located at the Rt. 273 & I-95 interchange in Newark, DE. Easy access on and off I-95 S & N. Christiana Hospital, Christiana Mall, several large office complexes, and 15 motels/hotels, offering nearly 1,000 rooms in all, are all located within a 1 mile radius of the subject property.Two of these hotels, the Holiday Inn Express and Comfort Inn & Suites, are located directly behind the property. Traffic counts for I-95 at the Rt. 273 interchange are 175,000 +/- vehicles per day, and Rt. 273 counts, are approximately 48,000 vehicles per day.
