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106 Albe Dr 5,000 SF Flex Building Newark, DE 19702 $3,420,004 CAD ($684.00 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Ample parking
  • Entrance in close proximity to Old Baltimore Pike
  • Traffic Counts: 15,461 AADT
  • Jack's Kickboxing Gym: NNN Lease. Tenant is responsible for RE taxes, Insurance and CAM pass-throughs

EXECUTIVE SUMMARY

Introducing a prime investment opportunity in Newark, DE! This Property features a fully stabilized 5,000 sf clear span flex building occupied by the long-tenured Jack’s Kickboxing Gym in addition to a 3,100 sf +/- car wash complete with six (6) self-serve bays and one (1) tunnel. Situated directly on the heavily traveled Old Baltimore Pike and in close proximity to I-95, the property’s prime visibility and premium location further enhance its investment appeal. Excellent opportunity for an investor or owner-user seeking a profitable car wash with value-add potential in addition to existing stabilized income.
** Total Building SF (Jack's Kickboxing and Car Wash): 8,100 SF**

PROPERTY FACTS

Price $3,420,004 CAD
Price Per SF $684.00 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Showroom
Building Class C
Lot Size 1.48 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 1.8/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning I - Industrial

AMENITIES

  • Bus Line
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water - County
  • Sewer - County
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-037.00-001
Land Assessment
$81,522 CAD
Improvements Assessment
$266,202 CAD
Total Assessment
$347,724 CAD
  • Listing ID: 33508300

  • Date on Market: 2024-10-14

  • Last Updated:

  • Address: 106 Albe Dr, Newark, DE 19702

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