Your email has been sent.
1602 E Newport Pike 1,135 SF of Retail Space Available in Wilmington, DE 19804
Highlights
- Capacity for 19 vehicle display spaces
- On-site office for sales and administration
- High-visibility frontage on E. Newport Pike
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,135 SF | Negotiable | $32.00 /SF/YR $2.67 /SF/MO $36,320 /YR $3,027 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
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 | 1,135 SF | Gross Leasable Area | 1,135 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Auto Dealership | Parking Ratio | 16.74/1,000 SF |
| Total Space Available | 1,135 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 1,135 SF |
| Year Built | 1950 |
| Parking Ratio | 16.74/1,000 SF |
About the Property
Position your dealership for visibility and success at this well-located automobile sales property on 1602 E. Newport Pike in Wilmington, Delaware. This ±1,135 SF site is purpose-built for automotive sales, offering an efficient layout that supports both vehicle display and day-to-day operations. The property accommodates up to 19 vehicles, maximizing frontage and exposure along a high-traffic corridor. A dedicated on-site office provides a functional workspace for sales, customer interactions, and administrative needs, making it an ideal setup for independent dealers or expanding operations. With convenient access to major routes and strong local traffic counts, this location offers excellent visibility and accessibility for customers throughout the Wilmington area and beyond. Whether you're launching a new venture or relocating an existing business, this property delivers a practical and professional environment tailored to automotive sales. Key Features: ±1,135 SF total site Capacity for 19 vehicle display spaces On-site office for sales and administration High-visibility frontage on E. Newport Pike Easy access to major highways and surrounding markets $3,000.00 modified gross / month Take advantage of this turnkey opportunity to establish or grow your automotive sales business in a proven retail corridor.
Presented by
1602 E Newport Pike
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.