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    OFF-MARKET
    Turn key restaurants

    1430 Pulaski Hwy, Newark, DE 19702-5108

    4,500 SF 0.1 ac lot Built 2006
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US17-0215836
    Property summary
    AI-generated overview

    This exceptional 16,000 square foot retail pad, located at 1430 Pulaski Highway in Newark, Delaware (zip code 19702), presents a unique investment opportunity. Situated within the thriving Elizabeth Plaza, this fully approved site is ready for immediate development. The property offers flexibility in design, accommodating configurations ranging from multiple 80 x 20 bays to a single, free-standing building. Its prime location on Route 40 (Pulaski Highway) ensures high visibility and accessibility, benefiting from an average daily traffic count of 40,000 vehicles traveling at an average speed of 45 mph. The plaza boasts excellent ingress and egress, and ample parking is available for customers and employees. The site is anchored by Paul Mitchell Hair School, further enhancing its appeal and attracting a steady stream of potential customers. This build-to-suit opportunity allows for customization to meet specific business needs, with sizes ranging from 1,750 to the full 16,000 square feet. The asking price for this exceptional retail pad is $800,000. Don't miss this chance to establish your business in a high-traffic, well-established retail corridor.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2006
    Construction CONCRETE
    Total area 4,500 SF
    Lot 0.1 ac (4,356 SF)
    Zoning code CR
    APN 10-043.00-032
    UPID US17-0215836
    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
    Current use
    Occupant on record · Public records
    • GameChangers Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    by Request
    Owner & transaction history
    Eplaza LLC · 3 yrs held
    Eplaza LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    CR · Newark, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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