Drive-Through Restaurant NNN
For Sale
Contact for pricing
1560 N Dupont Highway, New Castle, DE 19720
Former Taco Bell drive-through built in 1983-4 is leased on an absolute NNN basis until 7/31/27.
Property Size1,763 SF
Price / SF$453.77
Days on Market331
Property Features for 1560 N Dupont Highway
General Information
Standard status
Active
Size
1,763 SF
Property subtype
Retail
Zoning
CR - Commercial Regional
Lease Type
NNN
Site & Location
Traffic Count
55,000 vehicles/day
Highway Access
Yes
Building Details
Buildings
1
Stories
1
Listing Agency:
Location Realty Advisors LLC
Listed By:
Chris Castagno · License #DE RB -0020139
Source:
Crexi
Added: Nov 26, 2025
Changed: Oct 21
Last Checked: Oct 23 at 4:01AM
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 Location Realty Advisors LLC
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Investment Insights
Based on property information with market context.
Former Taco Bell drive-through restaurant building constructed in 1983-4, offered for sale with an absolute NNN structure. The property is on a ground lease that runs through 7/31/27 with no renewals, and the current rent is $5,100 per month. Rent is scheduled to increase on 8/1/26 to $5,305 per month. Site plan details are referenced in the OM/flyer section, including shared sanitary and access arrangements with the adjacent Burger King site.
The asset is located next to Burger King on busy N. Dupont Highway, just off I-295 and I-95, with approximately 55,000 VPD noted in the remarks. The ownership is described as intended to be bought together with the Burger King next door.
The asset is located next to Burger King on busy N. Dupont Highway, just off I-295 and I-95, with approximately 55,000 VPD noted in the remarks. The ownership is described as intended to be bought together with the Burger King next door.
Key Highlights
- Former Taco Bell drive‑through building built in 1983‑4
- Leased on an absolute NNN basis until 7/31/27
- Current rent is $5,100/mo; next increase 8/1/26 to $5,305/mo
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,634
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,680
$452.7K
Cap Rate 7%
$323,343
$323.3K
Cap Rate 9%
$251,489
$251.5K
Market Conditions
NOI Build-Up for 1,763 SF
Gross rent
$31.7K $18.00/SF
− Vacancy
−$1.6K −$0.88/SF
EGI
$30.2K $17.12/SF
− OpEx
−$7.5K −$4.28/SF
NOI
$22.6K $12.84/SF
Area
New Castle County, DE
Vacancy
4.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,680
Cap Rate 7%
$323,343
Cap Rate 9%
$251,489
Alternative Uses
Best Use
Specialty Retail
$323.3K
$282.9K – $377.2K
NOI $22,634 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$421.7K
$369.0K – $492.0K
NOI $29,519 @ 7.0% cap · market cap 3.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
55,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 44%
Home Improvements & Furnishings 1%
Wawa
Shops & Services
52,400 visits/mo
0.2 miles
McDonald's
Dining
24,609 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
9,646 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,753 visits/mo
0.3 miles
Checkers
Dining
5,726 visits/mo
0.2 miles
Demographics for 19720, DE
61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Former Taco Bell drive-through built in 1983-4 is leased on an absolute NNN basis until 7/31/27.
Where is this nnn property located?
The property is located at 1560 N Dupont Highway New Castle, DE.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Former Taco Bell drive‑through building built in 1983‑4; Leased on an absolute NNN basis until 7/31/27; Current rent is $5,100/mo; next increase 8/1/26 to $5,305/mo
