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About the Listing PANTAN - 3167898
Hockessin Corner presents a rare opportunity to acquire a well-established, multi-tenant neighborhood retail shopping center located in the heart of the affluent Hockessin marketplace in northern Delaware. The property consists of both inline and free-standing buildings summing to approximately 51,700 gross square feet of village-style retail with abundant surface parking. Anchored by long-standing tenants including Back Burner, Casual Marketplace, and Jennifer’s Bridal, the center benefits from a complementary mix of service-oriented retailers that generate consistent local traffic and reinforce its position as a true community destination. The property is currently approximately 80% occupied with a weighted average remaining lease term of 4.8+- years, providing investors with in-place and providing future leasing opportunity. Recent tenant renewals underscore tenant commitment and confidence in the center’s vibrancy. Situated on a 6.13-acre site, Hockessin Corner is a rare opportunity in an increasingly supply constrained marketplace. Existing vacancy creates an immediate value-add opportunity through leasing, repositioning, or owner-user occupancy. The buildings are fully sprinklered and supported by public water and sewer, with select gas service. Commercial Neighborhood (CN) zoning with HomeTown (HT) Overlay permits a broad range of commercial uses, providing flexibility for future leasing or adaptive reuse. Strategically located within one of northern Delaware’s most affluent and supply-constrained trade areas, Hockessin Corner draws from the high-income residential communities of Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale. The surrounding market is characterized by strong household incomes, high rates of owner occupancy, and long-term residential stability, supporting durable retail demand.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
DENC2102436
Year Built
1965
Total Square Footage
51,700
Lot/Acreage
6.13
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 240
- Lot Dimensions: 166.60 x 356.40
- Zoning: CN - Commercial Neighborhood with Home Town (Hockessin Village) overlay zoning.
- Roof: Architectural Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Handicap Parking,Paved Parking,Unassigned,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $55,307
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1220 Old Lancaster Pike Hockessin, DE 19707
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