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Former Friendly's Restaurant 2670 Kirkwood Hwy 5,494 SF 100% Leased Retail Building Newark, DE 19711 $2,512,656 CAD ($457.35 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Location: Located on Kirkwood Highway in Newark, DE, this property benefits from a highly trafficked area with excellent visibility!
  • Major Development Nearby: Major development projects on the horizon in the immediate area
  • Versatile Space: The building's layout and size make it suitable for various business concepts and industries
  • Well-Established Facility: The building previously housed a Friendly's Restaurant, providing a turnkey solution for a new business venture
  • Ample Parking: The property offers ample parking space, ensuring convenience for customers

EXECUTIVE SUMMARY

Don't miss out on this exciting opportunity! We are offering the former Friendly's restaurant located on Kirkwood Highway (Delaware Route 2) in Newark, Delaware for sale. Situated in a prime location with high visibility and easy access, this property is a fantastic prospect for entrepreneurs and investors. Take advantage of this unique opportunity to be part of the growing business landscape in Newark, Delaware. With major developments on the horizon, this former Friendly's restaurant presents a promising investment in a prime location. Act now and turn your business vision into a reality!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,494 SF
Building Class
C
Year Built
2019
Price
$2,512,656 CAD
Price Per SF
$457.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.31 AC
Zoning
CR - Commercial Regional district that is intended to accommodate higher density commercial development
Parking
52 Spaces (8.52 Spaces per 1,000 SF Leased)
Frontage
212’ on Kirkwood Hwy

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,660 SF
  • Retail
  • -
  • 30 Days
Space Size Space Use Position Available
1st Floor 4,660 SF Retail - 30 Days

1st Floor

Size
4,660 SF
Space Use
Retail
Position
-
Available
30 Days

NEARBY MAJOR RETAILERS

IHOP
Hooters
The YMCA
Pat's Family Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-055.10-151
Land Assessment
$398,256 CAD
Improvements Assessment
$160,112 CAD
Total Assessment
$558,368 CAD
  • Listing ID: 30446929

  • Date on Market: 2023-12-27

  • Last Updated:

  • Address: 2670 Kirkwood Hwy, Newark, DE 19711

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