Manor Park Shopping Center 1403-1415 N DuPont Hwy 26,896 SF 100% Leased Retail Building New Castle, DE 19720 $5,975,000 ($222.15/SF) 7.56% Cap Rate

Manor Park Shopping Center is a ±30,357 SF neighborhood retail center strategically positioned along US-13, one of New Castle County’s primary commercial corridors with approximately 58,000+ vehicles per day. The property is approximately 94% occupied and features a stable mix of national, regional, and service-oriented tenants, supporting consistent daily consumer traffic. The center benefits from signalized access, strong frontage, and direct visibility along N. Dupont Highway, providing long-term exposure within an established retail corridor. The property is supported by surrounding residential density, commuter traffic, and nearby employment generators.
Convenient access to I-95, Route 273, Route 141, and the Delaware Memorial Bridge enhances regional connectivity throughout Northern Delaware and the greater Wilmington market. The property’s configuration allows for efficient customer circulation, direct storefront visibility, and ample on-site parking. Current Rent Roll Income is $425,000 with a projection of $404,000 NOI based on voluntarily Landlord CAM Concessions. This will forecasted to increases to $417,000 Janaury 1, 2027 based on rent increases. Fully stabilized rent with vacancy filled is $452,000.