Restaurants /DE /New Castle County /Middletown /316 Auto Park Dr
Restaurants /DE /New Castle County /Middletown /316 Auto Park Dr

316 Auto Park Dr - Restaurant FOR SALE


Middletown, DE 19709 | 
$4,720,000 USD
909-560-3010
316 Auto Park Dr, Middletown, DE for Sale
$4,720,000 USD
Restaurant - FOR SALE
1/17
null | 6.25% Cap Rate
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316 Auto Park Dr
Middletown, DE 19709

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HIGHLIGHTS

  • LONG-TERM 20-25 YEAR ABSOLUTE TRIPLE NET (NNN) SALE LEASEBACK
  • CROOKED HAMMOCK BREWERY
  • STRONG FINANCIALS
  • STRATEGICALLY LOCATED IN DOMINANT RETAIL CORRIDOR
  • AMAZON FULFILLMENT CENTER
  • EXCELLENT SITE-LEVEL VISIBILITY & ATTRACTIVE DEMOGRAPHICS

OVERVIEW

PRICING - $4,720,000 CAP RATE - 6.25% NOI - $295,000 LEASE TERM - 20-25 YEARS INCREASES - 2% ANNUALLY

FOR SALE DETAILS

PRICE

$4,720,000 USD

PRICE/SF

$647 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crooked Hammock Brewery | Middletown, DE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

-

APN/PARCEL ID

23-040.00-005

ASK ABOUT THIS PROPERTY

Richard BrehautCBREMore Info
909-560-3010

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Richard BrehautCBREMore Info
909-560-3010

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