Auto Shop with
17593 E NASSAU COMMONS Boulevard, Lewes, DE 19958
For Sale
$2,885,000
Commercial Sale, LEWES, DE
Property Size10,000 SF
Lot Size0.98 Acres
Price / SF$288.50
Days on Market95
Property Features for 17593 E NASSAU COMMONS Boulevard
General Information
Property type
Property subtype
Parking
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
overhead doors
heated and insulated
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Long & Foster Real Estate, Inc.
(302) 227-2541
Listed By:
BILL CULLIN · License DE RS0018675
(302) 841-7147
Added: Aug 8
Changed: Nov 4
Last Checked: Nov 10 at 3:06AM
MLS# DESU2117924
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2020 automotive property sits on a 0.98-acre site and features a heated, insulated engineered steel-frame building. The interior includes a 2,160-square-foot showroom and a separate office area of equal size above it. Six overhead doors measure 20 feet by 18 feet each. A parking lot serves the property.
The existing occupant operates a classic auto sales and service business. The auto lifts and front-end alignment machine belong to the tenant and are not included in the sale. The office area can be leased separately.
The existing occupant operates a classic auto sales and service business. The auto lifts and front-end alignment machine belong to the tenant and are not included in the sale. The office area can be leased separately.
Key Highlights
- 0.98‑acre site in Lewes, Delaware
- Six overhead doors, each measuring 20' x 18'
- 2,160‑square‑foot showroom with an equal‑size office above
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,645
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,900
$1.8M
Cap Rate 7%
$1,280,643
$1.3M
Cap Rate 9%
$996,056
$996.1K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$138.0K $13.80/SF
− Vacancy
−$9.9K −$0.99/SF
EGI
$128.1K $12.81/SF
− OpEx
−$38.4K −$3.84/SF
NOI
$89.6K $8.96/SF
Area
Sussex County, DE
Vacancy
7.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,900
Cap Rate 7%
$1,280,643
Cap Rate 9%
$996,056
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,645 @ 7.0% cap · market cap 3.11%
Second Best
Industrial
$841.5K
$736.3K – $981.8K
NOI $58,905 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$2.75M
$2.40M – $3.21M
NOI $192,360 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
40k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 69%
Shops & Services 17%
Home Improvements & Furnishings 14%
Redner's Warehouse Market
Groceries
27,857 visits/mo
0.1 miles
Shell
Shops & Services
6,682 visits/mo
0.1 miles
Bests' Ace Hardware
Home Improvements & Furnishings
4,968 visits/mo
0.4 miles
Ferguson
Home Improvements & Furnishings
866 visits/mo
0.1 miles
Demographics for 19958, DE
27,911
Population
19,410
Households
1.4
Avg Household Size
61
Median Age
49%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
590
Density / Sq Mi
$91,445
Median Household Income
$49,124
Median Earnings
$1,654
Median Rent
$488,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Auto Glass USA of Lewes — 12001 Old Vine Blvd, Lewes, DE 19958
- McQueen Classics — 17593 Nassau Commons Blvd Suite B, Lewes, DE 19958
- D&T Garage — 32379 Lewes Georgetown Hwy, Lewes, DE 19958
- Access Auto Center — 32393 Lewes Georgetown Hwy, Lewes, DE 19958
- Sussex County Customs — 17507 Nassau Commons Blvd, Lewes, DE 19958
Frequently Asked Questions
What type of property is this?
Auto shop - A current auto sales and service tenant occupies the property, with office space positioned above the showroom.
Where is this auto shop located?
The property is located at 17593 E NASSAU COMMONS Boulevard Lewes, DE.
What is the asking price?
The asking price for this property is $2,885,000.
What are key features of this property?
This property features: 0.98‑acre site in Lewes, Delaware; Six overhead doors, each measuring 20' x 18'; 2,160‑square‑foot showroom with an equal‑size office above
