Map of Property

2038 Telegraph Rd

For Sale

2038 Telegraph Rd, Wilmington, DE 19808

This Wilmington property for sale is located at 2038 Telegraph Rd. The general use of 2038 Telegraph Rd is retail and it incorporates 17,175 square feet of class C retail space. The current listed sale price for 2038 Telegraph Rd is $1,700,000. 2038 Telegraph Rd is situated on a lot that is 1.97 acre in size.

Contacts

broker
Ryan Bree

DSM Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 17,175 SF
  • Lot Size 1.97 Acre
  • Building Class C
  • Year Built 1960
  • Date Updated Aug 28, 2025
2038 Telegraph Road is ideally located just off Kirkwood Highway (DE-2) at the intersection of Telegraph Road, placing it at the heart of a well-established Wilmington community. The property is surrounded by dense residential neighborhoods that provide a strong built-in customer base and steady traffic for retail and service-oriented businesses. In addition to its neighborhood setting, the site offers quick access to the shopping, dining, and daily conveniences along Kirkwood Highway, one of New Castle County’s most active commercial corridors. This combination of strong local demographics, neighborhood integration, and proximity to Kirkwood Highway enhances both the stability and long-term appeal of the property.2038 Telegraph Road presents a premier investment opportunity with a 17,175 ± SF retail and flex property in a strong Wilmington location. The property is currently fully leased, generating stable income with excellent tenant retention. Its flexible design allows for a variety of uses, making it equally attractive to both investors seeking reliable cash flow and owner-users looking for future occupancy potential. With a well-maintained structure, convenient access, and strong surrounding demographics, this property offers both immediate returns and long-term upside.
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Highlights

  • 17,175 ± SF retail & flex building
  • Asking Price: $1,700,000 (7.45% CAP)
  • Flexible layout suitable for multiple uses
  • Fully leased
  • Ideal for investment or owner-user opportunity
  • Income-producing asset with stable tenancy
  • NOI: $126,657/year

Getting around

  • 29/100

    Walk Score ®

  • 27/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wilmington, DE
  • Neighborhood Wilmington
  • Zip Code 19808
  • Market Philadelphia

Points of Interest

  • Newark

    5.60 miles

  • Wilmington

    6.23 miles

  • Wawa

    0.65 miles

  • Shell

    0.76 miles

  • Exxon

    0.90 miles

  • Riggins

    1.14 miles

  • Valero

    1.18 miles

  • Star Gas & Diesel

    1.44 miles

  • ChargePoint

    1.56 miles

  • Royal Farms

    1.57 miles

  • Speedy Gas

    1.73 miles

  • Volta

    2.54 miles

  • Parking Garage E

    1.65 miles

  • Bryan's Field Trailhead Parking Lot

    3.58 miles

  • COA Wilmington Parking

    3.95 miles

  • Whitely Farms Trailhead

    4.26 miles

  • Early Learning Center

    4.61 miles

  • Lot 51

    4.65 miles

  • Lot 51S

    4.67 miles

  • Newark Shopping Center Parking

    4.69 miles

  • Patrons Only

    4.70 miles

  • Permit Only

    4.73 miles

  • Dunkin'

    0.44 miles

  • Wingstop

    0.57 miles

  • Panda Express

    0.60 miles

  • McDonald's

    0.63 miles

  • Crossroads Restaurant

    0.78 miles

  • Domino's

    0.79 miles

  • Poke Bros.

    0.82 miles

  • Saladworks

    0.83 miles

  • Cuzino's Family Kitchen

    0.86 miles

  • Burger King

    1.06 miles

  • Marshalls

    0.72 miles

  • Kohl's

    1.04 miles

  • Acme

    1.17 miles

  • ALDI

    1.29 miles

  • Newark Farmers Market

    1.39 miles

  • TJ Maxx

    1.40 miles

  • Ross

    1.44 miles

  • La Simpatica

    1.77 miles

  • ShopRite

    1.95 miles

  • Gigante

    2.30 miles

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 Listing Broker
broker
Ryan Bree

DSM Commercial

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