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    1325 Churchmans Rd Newark, DE 19713

    Sponsored
    For Lease
    $30 SF/Yr ($2,687 /Mo)

    Prime Retail Space, High Traffic Area

    Lot size:
    1,042 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,042 square foot retail space presents a unique sub-lease opportunity in the thriving Center Pointe Shopping Center, Newark, DE. Located on a highly visible end cap, this property boasts excellent exposure to traffic on Churchmans Road, ensuring maximum visibility for your business. The space is ideally suited for a variety of uses, including restaurants, retail, or professional offices, and is zoned CR. Its convenient location offers easy access to major roadways, including I-95 and Route 1, providing unparalleled accessibility for customers and employees. The surrounding area is densely populated, guaranteeing a large potential customer base with strong daytime traffic counts. This hard-to-find small shop space is situated next to a Darden Restaurant's Cheddar's concept, benefiting from the established foot traffic and brand recognition of a successful neighboring business. The property's single-tenant occupancy ensures a streamlined and efficient operation. Don't miss this opportunity to establish your business in a prime location with high visibility and accessibility. This space offers a compelling combination of location, visibility, and accessibility, making it an ideal investment for a variety of businesses.

    Property Features for 1325 Churchmans Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,042 SF
    Total Rate
    2687.49

    Unit(s) available at that property

    Space
    Size
    1,042 SF
    Rate per SF
    $30

    HighLights

    • Sublease opportunity in Center Pointe Shopping Center, adjacent to Cheddar's.
    • End‑cap space with Churchmans Road visibility.
    • 1,042 sq. ft. retail space, CR zoning.
    • High‑traffic location with strong daytime demographics.
    • Excellent access to I‑95 and Route 1.
    • Suitable for retail, professional, or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cheddar's Scratch Kitchen Traditional American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6654144
    Latitude
    39.6918569

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 1325 Churchmans Rd Newark, DE.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Sublease opportunity in Center Pointe Shopping Center, adjacent to Cheddar's.; End-cap space with Churchmans Road visibility.; 1,042 sq. ft. retail space, CR zoning.
    Request Owner's contact information
    1325 Churchmans Rd Newark, DE 19713
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    Newark, DE 19713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1325 Churchmans Rd Newark, DE 19713
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