Drive-Through Restaurant NNN
1560 N Dupont Highway New Castle, DE 19720
1560 N Dupont Highway, New Castle, DE, 19720
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For Sale
Contact for pricing
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 Market239
Property Features for 1560 N Dupont Highway
General Information
- Standard status
- Active
- Size
- 1,763 SF
- Property subtype
- Retail
Listing agency
Location Realty Advisors LLC
Listed by
Chris Castagno · License #DE RB -0020139
Source
Crexi
Added: Nov 26, 2025 Updated: Jul 22 at 12:54PM Checked: Jul 22 at 12:54PM
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
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
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.7k | $18.00 |
| − Vacancy | −$1.6k | −$0.88 |
| EGI | $30.2k | $17.12 |
| − OpEx | −$7.5k | −$4.28 |
| NOI | $22.6k | $12.84 |
1,763 SF · lease $18.00/SF/yr · vacancy 4.90% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Building Supply Depo ...
Hardware & Home Improvement
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FAQs
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
