Property summary
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
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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