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Property profile

1325 Churchmans Rd Newark, DE 19713

OFF-MARKET
Specialty properties
1,042 SF
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Property summary

AI-generated overview

This exceptional 1,042 square foot retail space presents a unique sub-lease opportunity in the thriving Center Pointe Shopping Center, Newark, DE. Located on a highly visible end cap, this property boasts excellent exposure to traffic on Churchmans Road, ensuring maximum visibility for your business. The space is ideally suited for a variety of uses, including restaurants, retail, or professional offices, and is zoned CR. Its convenient location offers easy access to major roadways, including I-95 and Route 1, providing unparalleled accessibility for customers and employees. The surrounding area is densely populated, guaranteeing a large potential customer base with strong daytime traffic counts. This hard-to-find small shop space is situated next to a Darden Restaurant's Cheddar's concept, benefiting from the established foot traffic and brand recognition of a successful neighboring business. The property's single-tenant occupancy ensures a streamlined and efficient operation. Don't miss this opportunity to establish your business in a prime location with high visibility and accessibility. This space offers a compelling combination of location, visibility, and accessibility, making it an ideal investment for a variety of businesses.

Property profile

Verified
Property type Specialty properties
Total area 1,042 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1325 Churchmans Rd Newark, DE 19713
Newark 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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