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    OFF-MARKET
    Restaurants

    0 Gap Newport Pike, Avondale, PA 19311

    4,500 SF 1.1 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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