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106 Albe Dr Newark, DE 19702

For Sale
$2,450,000

Car wash and flex building on heavily traveled Old Baltimore Pike.

Property size:
8,100 SF
Lot size:
1.46 Acres

Property Features for 106 Albe Dr

General Information

Size
8,100 SF
Lot size
1.46 Acres

Source: DSM Commercial Agent Alicia Fox

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Car Wash and Flex Building

This property in Newark, DE, presents an investment opportunity featuring a 5,000 square foot clear span flex building and a 3,100 square foot car wash. The car wash includes six self-serve bays and one tunnel. The flex building is occupied by Jack’s Kickboxing Gym under a NNN lease, with the tenant responsible for real estate taxes, insurance, and CAM pass-throughs. The property benefits from ample parking and is located directly on heavily traveled Old Baltimore Pike, with an entrance in close proximity to the road. Its location offers prime visibility and is near I-95. The traffic count is 15,461 AADT. This property is suitable for an investor or owner-user seeking a profitable car wash with value-add potential and existing stabilized income.
Insight Report Location Intelligence

Current Use by Public Records

Jack's Kickboxing Gym Martial Arts School Self Service Car ... Car Wash

Suggested Use

Realty agency Law Firm Restaurant Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
New Castle
State
Delaware
Longitude
-75.7113756
Latitude
39.6474866

FAQs

What type of property is this?
Self service car wash - Car wash and flex building on heavily traveled Old Baltimore Pike.
Where is this self service car wash located?
The property is located at 106 Albe Dr Newark, DE.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: - Stabilized income from long-tenured tenant (Jack's Kickboxing Gym) with NNN lease.; - High-visibility location directly on heavily traveled Old Baltimore Pike.; - Car wash with six self-serve bays and one tunnel provides immediate income and value-add potential.
More about this property
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