Retail Real Estate for Sale - Retail Property, Space & Building at 1220 Old Lancaster Pike, Hockessin, DE 19707

51,700+/- gross square feet, 4 buildings, of village-style multi-tenant retail anchored by Back Burner, Casual Marketplace, and Jennifer’s Bridal, supported by a complementary mix of service-oriented merchants.
Consistent NOI; CYE 2025 - $260,000 +/-, CYE 2024 $235,000+/- with efficient operating expenses in the $4.50+/- psf range.
Current in place gross income of $472,980, at 80% occupied with a weighted average lease term of 4.5 +- years
Recent tenant renewals demonstrate commitment to the location and confidence in the center.
Existing vacancy presents an immediate opportunity for an owner-user or investor to pursue repositioning to traditional retail and/or professional office tenancy.
Situated on a 6.13 acre site with abundant surface parking—an increasingly scarce asset in mature suburban markets.
Fully sprinklered, served by public water and sewer, select gas service.

Destination location situated in the heart of Hockessin, one of northern Delaware’s most affluent and supply-constrained suburban communities.
Surrounding neighborhoods exhibit some of the highest household income levels in the region, coupled with a strong concentration of owner-occupied homes.
Immediate trade area is characterized by exceptional wealth and long-term residential stability.