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Regionally Accessible Property For Sale
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Route 273, Newark, DE 19702

Accessible property near I-95 and DE Rt. 1 in Newark.

Property Size194,171 SF
Days on Market1404

Property Features for Route 273

General Information

Standard status Active
Size 194,171 SF
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Metro Commercial Real Estate, Inc. Philadelphia
Listed By: Andrew Shpigel · License #PA
Source: Crexi
Added: Nov 1, 2022 Changed: Aug 19 Last Checked: Aug 30 at 8:45PM

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 Metro Commercial Real Estate, Inc. Philadelphia

Investment Insights

Based on property information with market context.

This regionally accessible property is located near the road networks of I-95 and DE Rt. 1. The property is located in a high barrier to entry market. The surrounding area has a population of approximately 280,000 people within a 15-minute drive. The property includes a 7,500 square foot second generation restaurant space.

Key Highlights

  • Regionally accessible location with proximity to I‑95 and DE Rt. 1
  • High barrier to entry market
  • 280,000 people within a 15‑minute drive time**

Property Analytics

Current Use

Restaurants

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19702, DE

55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Accessible property near I-95 and DE Rt. 1 in Newark.
Where is this restaurant located?
The property is located at Route 273 Newark, DE.
What are key features of this property?
This property features: Regionally accessible location with proximity to I‑95 and DE Rt. 1; High barrier to entry market; 280,000 people within a 15‑minute drive time**
(215) 470-8510 Call to check price and availability
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