604 Corner Ketch Road, Newark, DE 19711

Building Details

Year Built

2019

Listing agent John Andreini License #CA 01440360

Listing office CP Partners j*@cppcre.com Show Phone

Listing date Jun 8, 2026

Source Crexi

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 CP Partners

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Overview

This offering is a CVS drug store presented as a “zero cash flow” asset under an absolute net lease structure. The property has 19+ years remaining in the base term, providing a long runway within the current contractual commitment. The site totals 13,225 square feet.

The property is located at 604 Corner Ketch Road in Newark, Delaware. The surrounding area is described as an extremely affluent Philadelphia suburb, with average household incomes of $191,000 within a 1-mile radius.

For buyers seeking a stabilized, long-term, single-tenant retail investment, this CVS asset aligns with an absolute net lease objective and extended base-term remaining. Its drug store configuration can fit investors who prefer credit-anchored everyday retail uses, while the “zero cash flow” framing in the remarks supports an intent to minimize owner-level operating involvement over the near-to-intermediate term.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Building Supply Gym & Fitness Center Pharmacy Accounting Firm Hotel & Motel Daycare Center HVAC Service

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

Similar Places Nearby

• CVS Pharmacy — 604 Corner Ketch Rd, Newark, DE 19711, United States
• CVS — 604 Corner Ketch Rd, Newark, DE 19711
• Brittany Spencer — 604 Corner Ketch Rd, Newark, DE 197112901

Location Insight

• Map
• Local Demand

City

Newark

County

New Castle

State

Delaware

Longitude

-75.7250165

Latitude

39.7400048

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FAQs

What type of property is this?

Drug store - For-sale CVS absolute net lease asset with 19+ years remaining in the base term.

Where is this drug store located?

The property is located at 604 Corner Ketch Road Newark, DE.

What is the asking price?

The asking price for this property is $7,616,110.

What are key features of this property?

This property features: CVS absolute net lease asset; 19+ years remaining in the base term of the lease; Built in 2019