This Wilmington property for sale is located at 301 Rocky Run Pkwy. The general use of 301 Rocky Run Pkwy is retail and it incorporates 6,639 square feet of class B retail space. Contact the listing broker for details on the current sale price for 301 Rocky Run Pkwy. 301 Rocky Run Pkwy is situated on a lot that is 2 acre in size.
Contacts
Daniel Wham
DSM Commercial
Property Details
Property TypeRetail - Restaurant
Property Size 6,639 SF
Lot Size 2 Acre
Building ClassB
Year Built1991
Date UpdatedMar 24, 2025
Located directly on Concord Pike (US Route 202), one of Wilmington’s most active and heavily traveled commercial corridors (45,000 VPD), this property enjoys exceptional visibility and accessibility. Strategically positioned within the same parcel as Olive Garden, Red Lobster, and The Brandywine Diner, the site benefits from strong destination traffic and excellent opportunities for cross-promotion.This property presents a rare opportunity to acquire or lease a fully equipped, second-generation restaurant space in one of Wilmington’s most high-traffic commercial corridors. Located directly on Concord Pike (Route 202), which sees over 55,000 vehicles per day, the site offers unmatched visibility, strong signage potential, and steady exposure to both local and regional consumers. The ±6,639 SF freestanding building sits on a ±1.91-acre lot with ample parking and shared co-tenancy alongside established national brands such as Olive Garden, Red Lobster, and The Brandywine Diner, creating powerful cross-traffic and dining destination synergy. The space is move-in ready, with existing restaurant infrastructure in place — ideal for operators looking to avoid long build-out timelines and capitalize on a turn-key setup. Surrounded by dense residential neighborhoods, retail centers, and business districts, the location draws a strong daytime population and supports high dinner and weekend volume. Flexible zoning, the option to lease or purchase, and the built-in brand visibility make this an exceptional opportunity for a full-service, fast casual, or multi-concept food and beverage operator looking to establish or expand in a proven, high-demand market.This property presents a rare opportunity to acquire or lease a fully equipped, second-generation restaurant space in one of Wilmington’s most high-traffic commercial corridors. Located directly on Concord Pike (Route 202), which sees over 55,000 vehicles per day, the site offers unmatched visibility, strong signage potential, and steady exposure to both local and regional consumers. The ±6,639 SF freestanding building sits on a ±1.91-acre lot with ample parking and shared co-tenancy alongside established national brands such as Olive Garden, Red Lobster, and The Brandywine Diner, creating powerful cross-traffic and dining destination synergy. The space is move-in ready, with existing restaurant infrastructure in place — ideal for operators looking to avoid long build-out timelines and capitalize on a turn-key setup. Surrounded by dense residential neighborhoods, retail centers, and business districts, the location draws a strong daytime population and supports high dinner and weekend volume. Flexible zoning, the option to lease or purchase, and the built-in brand visibility make this an exceptional opportunity for a full-service, fast casual, or multi-concept food and beverage operator looking to establish or expand in a proven, high-demand market.
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Highlights
Condition: Move-in ready; includes existing restaurant infrastructure
Parking: Ample shared onsite parking
Zoning: Permits a variety of restaurant uses
Visibility: Excellent signage and frontage off Concord Pike (Route 202)
High Daily Traffic: Over 55,000 vehicles/day travel along Concord Pike (U.S. Route 202)
Retail Synergy: Close proximity to Concord Mall and other major retail centers boosts foot traffic and dining demands
Diverse Dining Scene: Mix of national chains (Olive Garden, Red Lobster, Chick-fil-A) and local favorites (Brandywine Diner, Metro Diner), creating a vibrant, competitive market
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.
301 Rocky Run Pkwy, Wilmington, DE 19803 - Retail Space
301 Rocky Run Pkwy is located at 301 Rocky Run Pkwy in Wilmington, DE 19803.
The property was completed in 1991. This Wilmington retail investment incorporates a total of 6,639 SF of B retail space. Located in Wilmington, this commercial property is situated on a lot that is 2 Acre in size.
Within the same neighborhood, there is a total of 1,042,711 SF of available retail space across 145 retail spaces for lease. Including all property building classes and property grades, the average asking retail rent per square foot in Wilmington is $22.61/SF/YR. At zip code level, leasing opportunities currently on the market include 24 retail spaces that add up to a total of 225,971 SF. Retail building sale prices in Wilmington average $636,428.
At city level, there are 29 commercial properties, of which 12 are retail buildings of 50,000 square feet or larger.
Across the market, the average asking retail rent per square foot in Wilmington is $22.61/SF/YR. Retail building sale prices in Wilmington average $636,428.