154 North Dupont Highway, New Castle, DE 19720 For Sale

LONG TERM GROUND LEASE: Dash In has been at this location since it was constructed in 2023 and has 17+ years remaining on their Absolute NNN Ground Lease with four (4), 5-year renewal options.

ATTRACTIVE INCREASES: This corporate ground lease includes attractive 10% rent increases every five years throughout the primary term and at the start of each renewal option, providing consistent income growth and a built-in hedge against inflation.

ZERO LANDLORD RESPONSIBILITIES: Dash In has an Absolute NNN Ground Lease. Dash In is responsible for all operating expenses, repairs, maintenance, and replacements to the entire property (building and grounds).

CORPORATE STORE: This is a corporate location and is operated by Dash In Food Stores, Inc. Dash In is owned by The Wills Group. Based in La Plata, Maryland and family owned since 1926, The Wills Group operates nearly 300 retail locations across the Mid-Atlantic region, including Dash In convenience stores (55+ locations), Splash In ECO Car Wash locations, and the SMO Motor Fuels petroleum distribution network, and is one of the largest independent Shell Oil marketers in the United States while also operating Exxon, CITGO, and Dash In fuel locations.

OUTSTANDING LOCATION: Dash In is ideally positioned along N Dupont Highway (US Highway 13), the area’s commercial and commuter corridor. The Property benefits from excellent frontage, visibility, and access and is positioned across from the entrance to Wilmington Airport. Dash In sits in the center of a burgeoning trade area featuring a mix of national and regional retailers and restaurants, and an established industrial presence that capitalizes on the proximity to Wilmington Airport. Dash In enjoys convenient access to major area highway including US Route 202 and Interstates 95, 295 and 495, linking the area with Wilmington, Philadelphia, Baltimore and Washington, DC.

AREA ECONOMY: New Castle’s economy is influenced by its proximity to major employment centers in Wilmington and the broader Delaware Valley. Many residents commute to nearby corporate, healthcare, and government jobs, including those associated with companies such as DuPont and regional financial institutions. The city also benefits from its access to major transportation infrastructure, including Interstate 95, Interstate 295, and U.S. Route 13, which connect the area to Philadelphia, Baltimore, and Washington, D.C. Additionally, the nearby Port of Wilmington supports regional trade and logistics activity, further strengthening the local economy.

STRONG TRAFFIC COUNTS: The Property sees more than 78,800 vehicles per day along N Dupont Highway (US Highway 13).

DEMOGRAPHICS: More than 54,000 people live within 3 miles of the Property with an average household income of 103,672. Approximately 151,200 people live within 5 miles of the Property with an average household income of $102,710. Additionally, there are more than 95,000 employees within 5 miles of the Property.