1220 Old Lancaster Pike, Hockessin, DE 19707

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.

PROPERTY DETAILS: Square Feet: 51700

INTERIOR FEATURES: • Cooling: Central Air, Electric • Heating: Gas Heat, Forced Air

EXTERIOR FEATURES: • Parking: 240 Parking Spaces, Unassigned, Paved, Parking Lot. • Exterior: Frame • Roof: Shingle • Lot Dimensions: 166.60 x 356.40 • Zoning: CN • Additional Exterior/Lot Features: Level

LISTING AGENT: Agent: Paul Pantano | Office: Pantano Real Estate Inc | Phone: 3028880300 | Email: [email protected]

LISTING INFORMATION: MLS#: DENC2102436 | Status: FOR SALE