2038 Telegraph Rd

2038 Telegraph Rd, Wilmington, DE 19808

  • For Sale $1,750,000
  • Property Type Retail - Street Retail
  • Property Size 17,175 SF
  • Lot Size 1.97 Acre
  • Building Class C
  • Year Built 1960
  • Date Updated Sep 4, 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: $1,750,000 (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

Contacts

broker
Ryan Bree

DSM Commercial

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent
  • Bike Score ®

    27/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does 2038 Telegraph Rd cost?

The space currently listed for sale at 2038 Telegraph Rd asks for $1,750,000.

What is the total square footage of 2038 Telegraph Rd?

2038 Telegraph Rd totals 17,175 square feet.

When was this property built?

2038 Telegraph Rd was built in 1960.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Ryan Bree

DSM Commercial

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