Property profile

0 Gap Newport Pike Avondale, PA 19311

OFF-MARKET
Restaurants
4,500 SF 1.1 ac lot
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Property summary

AI-generated overview

This exceptional 4,500 square foot freestanding restaurant boasts a 4.5-star rating and includes a valuable liquor license. Situated on 1.1 acres of land, this property offers significant potential. Its prime location provides easy access to major highways including Route 1 (connecting Pennsylvania and Maryland), Route 41 (leading to Wilmington, Delaware), and the Interstate 95 interchange. The restaurant benefits from its proximity to thriving areas such as Kennet Square and New Garden Town Center, along with amenities like CVS, Hartefeld National Golf Course, Tractor Supply, and New Garden Airport. This "A" rated location in a highly desirable suburban area is experiencing robust residential growth, with a 14% increase in just one year. This continued growth fuels high demand for restaurants, quick-service restaurants, grocery stores, medical facilities, retail spaces, office space, and light industrial uses. The property enjoys high-volume traffic frontage on Route 41 in New Garden Township, Pennsylvania. The property is available as a going concern or for redevelopment and conversion to a land lease, presenting a unique opportunity for investors and developers alike.

Property profile

Verified
Property type Restaurants
Total area 4,500 SF
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gap Newport Pike Avondale, PA 19311
Avondale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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