106 Albe Dr - Showroom FOR SALE


Newark, DE 19702
$2,450,000 USD
302-419-5477
106 Albe Dr, Newark, DE for Sale
$2,450,000 USD
Showroom - FOR SALE
1/10
null | Request Cap Rate

106 Albe Dr
Newark, DE 19702


HIGHLIGHTS

  • Ample parking
  • Traffic Counts: 15,461 AADT
  • Entrance in close proximity to Old Baltimore Pike
  • Jack's Kickboxing Gym: NNN Lease. Tenant is responsible for RE taxes, Insurance and CAM pass-throughs

OVERVIEW

Introducing a prime investment opportunity in Newark, DE! This Property features a fully stabilized 5,000 sf clear span flex building occupied by the long-tenured Jack’s Kickboxing Gym in addition to a 3,100 sf +/- car wash complete with six (6) self-serve bays and one (1) tunnel. Situated directly on the heavily traveled Old Baltimore Pike and in close proximity to I-95, the property’s prime visibility and premium location further enhance its investment appeal. Excellent opportunity for an investor or owner-user seeking a profitable car wash with value-add potential in addition to existing stabilized income. ** Total Building SF (Jack's Kickboxing and Car Wash): 8,100 SF**

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$490 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas, Water - County, Sewer - County, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.48

LAND SF

64,571

ZONING

I

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alicia FoxDSM CommercialMore Info
302-419-5477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alicia FoxDSM CommercialMore Info
302-419-5477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.