706/710 Dupont Hwy Dover, DE 19901
- Specialty properties
- 4,720 SF
Current Use by Public Records
- Specialty properties
Property Details for 706/710 Dupont Hwy
- Property size
- 4,720 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 706/710 N DuPont Hwy in Dover, Delaware (zip code 19901), presents a lucrative investment opportunity. Situated on US 13, just south of Bally's and Dover Downs Race Track, this 4,720 square foot site boasts a daily traffic count exceeding 30,000 vehicles. The property comprises two buildings currently occupied by established businesses: Valvoline and Kabob Korner. Valvoline operates under a 10-year lease with a 15-year option, while Kabob Korner is on a month-to-month lease. Both businesses have been operating on the premises for over a decade, demonstrating strong tenant history and market viability. The asking price for the entire property is $3,250,000, with individual building valuations available: $2,250,000 for Valvoline and $1,150,000 for Kabob Korner. The property's layout allows for potential subdivision, offering flexibility for future development or expansion. This prime location and established tenancy make this a compelling investment opportunity in a high-traffic commercial corridor. The property is easily accessible and benefits from excellent visibility due to its strategic placement along a major thoroughfare. This is a rare chance to acquire a well-established commercial property with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Kent
- State
- Delaware
- Longitude
- -75.5282
- Latitude
- 39.1791