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Property profile & analytics
FOR SALE
Strip malls

681 E Chestnut Hill Rd Newark, DE 19713

14,000 SF
Property ID
US17-Q000390
Property summary
AI-generated overview

Fully Occupied Multi-Tenant Retail Center with NNN Leases – Stable Cash Flow Asset – Zero Landlord Responsibilities – Multiple Options to Renew Rental Increases Throughout the Initial Terms and Option Periods, Providing a Strong Hedge Against Inflation Anchored by a Globally Diversified, Powerhouse Tenant – 7-Eleven is the Premier Brand and Leader in the Convenience Store/Gas Station Industry with Over 78,000 Locations in 19 Countries, Making it the World’s Largest Convenience Retailer Intrinsic Value – Large Format Strip Center at 14,000 Square Feet on a Massive 5.14 Acre Parcel Containing 80 Parking Spaces, Providing Each Tenant with the Ability to Effectively Handle High Customer Volume High Traffic Location – More Than 30,000 Vehicles Per Day on E. Chestnut Hill Rd, Over 19,000 Vehicles Per Day on Salem Church Rd & an Additional 129,788 Vehicles Per Day on the Nearby Delaware Turnpike (I-95)

Property profile
Verified
Property type Strip malls
Total area 14,000 SF
UPID US17-Q000390
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
  • Taxi Forever Courier Service
  • Philly Pizza Restaurant
  • Philly Style Pizza Express Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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