Dash In 154 N DuPont Hwy 3,371 SF 4-Star Retail Building New Castle, DE 19720 $7,792,343 CAD ($2,311.58 CAD/SF) 5.25% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a Dash In ground lease located at 154 N Dupont Highway in New Castle, Delaware (“the Property”). Dash In commenced a 20-year Absolute NNN Ground Lease in 2023 and has 17+ years remaining on their primary lease term with four (4), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and the start of each renewal option. Dash In occupies a prime position along North Dupont Highway, a key commercial and commuter corridor, where it benefits from strong frontage, visibility, and convenient access. The Property is located directly across from the entrance to Wilmington Airport, generating consistent traffic from both local residents and regional travelers throughout the day. Situated within a growing trade area, the site is surrounded by a mix of national and regional retailers and restaurants that benefit from the airport’s presence and ongoing development in the corridor. The Property also offers excellent regional connectivity, with convenient access to US Route 202 and Interstate 95, Interstate 295, and Interstate 495, allowing for efficient travel to Wilmington, Philadelphia, Baltimore, and Washington, DC.