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1325 Churchmans Rd, Newark, DE 19713

Sub-Lease opportunity in a highly populated trade area.

Space Size1,042 SF
Days on Market704

Property Features for 1325 Churchmans Rd

General Information

Standard status Active
Size 1,042 SF
Property subtype Retail, Restaurant, Special Purpose
Lease Type Modified Gross

Building Details

Building Size 1,042 SF
Tenancy Single

Spaces For Lease

at 1325 Churchmans Rd Contact us

Available Space

Size
1,042 SF
Type
Restaurant, Retail, Special Purpose
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Legend Properties Inc
Listed By: Steven Depetris · License #AR B-20181
Source: Crexi
Added: Sep 27, 2024 Changed: Aug 31 Last Checked: Aug 29 at 1:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legend Properties Inc

Investment Insights

Based on property information with market context.

This sub-lease opportunity is located next to a Darden Restaurant's Cheddars concept on the pad of Center Pointe Shopping Center. The end cap space is visible from Churchmans Road. Zoned CR, this hard-to-find small shop space is suitable for many users. The site is located in a highly populated trade area with excellent daytime traffic counts and is easily accessible to I-95 and Route 1. This location is ideal for retail, professional, and office space.

Key Highlights

  • End cap space with high visibility from Churchmans Rd.
  • Located on the pad of Center Pointe Shopping Center next to Cheddars.
  • Hard to find small shop space.

Property Analytics

Current Use

Cheddar's Scratch Kitchen Restaurant

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,648
Businesses Nearby

Demographics for 19713, DE

31,867
Population
12,803
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$72,850
Median Household Income
$42,557
Median Earnings
$1,293
Median Rent
$267,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Sub-Lease opportunity in a highly populated trade area.
Where is this retail space located?
The property is located at 1325 Churchmans Rd Newark, DE.
What is the lease rate?
The lease rate is $30.95 SF/Yr.
What are key features of this property?
This property features: End cap space with high visibility from Churchmans Rd.; Located on the pad of Center Pointe Shopping Center next to Cheddars.; Hard to find small shop space.
(856) 231-1010 Call to check price and availability
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