727-729 Philadelphia Pike - 727-729 Philadelphia Pike, Wilmington, DE 19809

• 100% OCCUPIED WITH NNN LEASES – Villa Monterey is 100% occupied by five tenants, all of which reimburse for taxes, insurance, and common area maintenance (CAM). The weighted average tenure amongst the five tenants is 24.1 years.. • STRONG ANCHOR TENANTS – Villa Monterey is anchored by Pep Boys and Wawa, two tenants with a large presence in the northeast and headquartered within the Philadelphia MSA. Wawa is an investment-grade credit tenant (Fitch: BBB) with over 1,000 locations and growing. Pep Boys has over 900 locations nationwide.. • NEARBY MAJOR HIGHWAY ACCESS – The property is located less than one mile (1 mi.) from Exit 9 off Interstate 95, the major U.S. north-south highway boasting 61,400 VPD. Additionally, Interstate 495 is also nearby and boasts 67,000 VPD.. • DENSELY POPULATED, AFFLUENT AREA – The five mile area surrounding the property boasts excellent demographics with a population of over 182,000 and 76,000 households. Within the same area, the average household income exceeds $102,000.. • METRO AREA – The property sits in Wilmington, Delaware just twenty-five miles southwest of Philadelphia. Wilmington is part of the Philadelphia MSA that is home to a population of over 6.25 million people, ranking 7th among all metropolitan areas in the United States.. • AMERICA’S CORPORATE CAPITAL – Wilmington is known as the “Corporate Capital of America” with many large companies operating within the area. Less than one mile (1 mi.) along Philadelphia Pike, Black Rock, a major U.S. financial institution hosts operations and the Bellevue Office Park is home to BNY Mellon corporate offices as well as other large tenants including Cigna Healthcare, Berkley Technology Services, and Starr Wright USA.