Newark, DE 19702
This exceptional 5,450-square-foot daycare center in Newark, Delaware, presents a unique investment opportunity. Built in 2003, the property is currently vacant and available for lease. The building is a single-tenant structure, ideal for an established daycare operator or a new venture seeking a turnkey solution. Its strategic location on a major arterial road ensures high visibility and accessibility for parents and children. The property offers ample space to accommodate a substantial number of children and staff. The entire 5,450 square feet is available, providing flexibility for a prospective tenant to customize the layout and design to meet their specific needs. The seller is offering attractive lease terms, making this a compelling proposition for those interested in establishing or expanding their childcare business. This is a rare opportunity to acquire a well-situated, ready-to-occupy daycare center in a thriving Delaware community. The property's prime location and substantial size make it an attractive investment for long-term growth and profitability. The building's 2003 construction suggests a relatively modern structure with potentially updated amenities. The property's address is on S Old Baltimore Pike, Newark, DE 19702.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.