309 Rocky Run Pky
Talleyville, DE 19803
Red Lobster · Retail Property For Sale

This Red Lobster is located at 309 Rocky Run Parkway in Talleyville, Delaware. Talleyville is an unincorporated community in New Castle County, less than a half a mile from the Pennsylvania border. Talleyville lies 35 miles West of Philadelphia, Pennsylvania and seven miles North of Wilmington, Delaware. Its proximity to the Pennsylvania border makes it a favorable stop for shoppers seeking to benefit from Delaware’s 0% state sales tax rate. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor, benefiting from its proximity to major national and local retailers. National retailers in the area include: Macy’s, Sears, Lowe’s, Target, Kohl’s, Barnes & Noble, Best Buy, Dick’s Sporting Goods, Bed Bath & Beyond, Trader Joe’s, Guitar Center, Michael’s, Boscov’s, Raymour & Flanigan, Ulta Beauty, H.H. Gregg, TJ Maxx, Old Navy, FYE, H&M and Men’s Warehouse among various others. Wilmington University, with annual enrollment exceeding 20,000 students, is within two miles of this Red Lobster location. shopping mall with over 90 stores and dining locations, Concord Mall, Delaware’s second-largest is within half a mile of the subject property. Traffic Counts and Demographics Talleyville has approximately 43,198 individuals residing within a three-mile radius and more than 147,625 within a five-mile radius. The Red Lobster property is located near Concord Pike. Concord Pike has average daily traffic counts of approximately 52,353 vehicles. The subject property is also located near Thompson Bridge Road. Thompson Bridge Road experiences average daily traffic counts of 8,423 vehicles. New Castle County New Castle County is the northernmost county in Delaware. Although it is the smallest county by area, it is the most densely and highly populated county in the state. In recent years, they have focused on providing new, developing, and existing businesses with the resources necessary for sustainable growth. In coordination with state and municipal governments, New Castle County’s Office of Economic Development has been successful in attracting new businesses and growing existing ones. The county’s economy consists primarily of the Healthcare, Retail, and Finance industries, which combine to employ over 36% of the region’s working population. In addition to various tax-benefits and incentive programs, New Castle County has a heavy focus on property redevelopment and efficient land-use. By preserving open spaces, limiting sprawl, and providing reinvestments to older communities, the county has helped to develop zoning maps and business parks to attract further investment.