Freestanding Retail Showroom
772 Pulaski Hwy Bear, DE 19701
For Sale
Contact for pricing
Two freestanding buildings offer showroom-style space and a car dealership use with strong roadside visibility.
Property Size6,799 SF
Price / SF$323.58
Days on Market100
Property Features for 772 Pulaski Hwy
General Information
Standard status
Active
Size
6,799 SF
Property subtype
RETAIL
Listing Agency:
LMT Commercial Realty / CORFAC International
(302) 530-1233
Listed By:
Joe Latina · License #RS-0025429
(302) 530-1233
Source:
Moodyscre
Added: Apr 21
Changed: Jul 27
Last Checked: Jul 28 at 2:14PM
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 LMT Commercial Realty / CORFAC International
Investment Insights
Based on property information with market context.
The property includes two freestanding buildings: a 4,639 +/- SF building with an open showroom layout and an additional 2,160 +/- SF building currently used as a car dealership. Together, the buildings are supported by ample parking to accommodate customer traffic.
The site benefits from excellent visibility and signage along Route 40, with easy access to Route 1 and I-95 and the surrounding communities.
For buyers seeking flexible on-site options, the combination of open showroom space and an existing dealership configuration can support multiple retail-oriented uses, subject to applicable approvals.
The site benefits from excellent visibility and signage along Route 40, with easy access to Route 1 and I-95 and the surrounding communities.
For buyers seeking flexible on-site options, the combination of open showroom space and an existing dealership configuration can support multiple retail-oriented uses, subject to applicable approvals.
Key Highlights
- Two freestanding buildings with showroom‑style space, including one currently used as a car dealership
- 4,639 +/- SF freestanding building with an open showroom layout
- 2,160 +/- SF freestanding building currently used as a car dealership
Financial Insights For 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 | $102.0k | $15.00 |
| − Vacancy | −$8.0k | −$1.17 |
| EGI | $94.0k | $13.83 |
| − OpEx | −$28.2k | −$4.15 |
| NOI | $65.8k | $9.68 |
6,799 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$940.3K
$822.8K – $1.10M
NOI $65,821 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,838 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Lowe's Home Improvement — 1030 E Songsmith Dr, Bear, DE 19701
Frequently Asked Questions
What type of property is this?
Showroom - Two freestanding buildings offer showroom-style space and a car dealership use with strong roadside visibility.
Where is this showroom located?
The property is located at 772 Pulaski Hwy Bear, DE.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two freestanding buildings with showroom‑style space, including one currently used as a car dealership; 4,639 +/- SF freestanding building with an open showroom layout; 2,160 +/- SF freestanding building currently used as a car dealership
