1922 Lancaster Ave

For Sale

1922 Lancaster Ave, Wilmington, DE 19805

This Wilmington property for sale is located at 1922 Lancaster Ave. The current listed sale price for 1922 Lancaster Ave is $2,529,475. 1922 Lancaster Ave is situated on a lot that is 0.3 acre in size.

Contacts

broker

Kenneth Yanni

Equity Retail Brokers

(484) 417-2223

broker

Brianna Barratt

Equity Retail Brokers

(484) 417-2225

broker

Ed Ginn

Equity Retail Brokers

(610) 645-7700

Property Details

  • Property Type Retail
  • Property Size 2,400 SF
  • Lot Size 0.3 Acre
  • Year Built 2020
  • Date Updated Jan 18, 2024

Equity Retail Brokers is pleased to offer qualified investors the opportunity to purchase the KFC / Taco Bell located at 1925 Lancaster Ave, Wilmington, DE 19085. The tenant, MitraQSR, has been operating this location as a KFC / Taco Bell since they purchased the business in 2012, along with 120 other KFC/Taco Bell locations in Pennsylvania, New Jersey, Delaware, Virginia, West Virginia, and the District of Columbia. Since 2012, MitraQSR has grown their brand to over 200 locations.

  • Lease is guaranteed by MitraQSR KNE, LLC
  • Absolute NNN lease with zero landlord responsibilities
    • Tenant completely rebuilt the building in 2020 after a fire with no rent interruption or landlord involvement
  • Attractive 1.5% annual rental increases through the initial term and options
  • Over 10 years of initial term remaining
  • The subject property benefits from a dense surrounding area with over 111,000 people within 3 miles

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 84/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wilmington, DE
  • Zip Code 19805
  • Market Philadelphia

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 1922 Lancaster Ave