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Royal Farms 457 Stanton Christiana Rd 5,371 SF Retail Building Newark, DE 19713 $6,979,600 CAD ($1,299.50 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

Long-term NNN ground lease with 13 years remaining and 10% rent increases every five years.
Prime location along Route 7 with 68,733 vehicles per day and direct access to I-95.
Surrounded by major retail destinations, healthcare systems, and corporate campuses driving consistent traffic.

Corporate-guaranteed lease by Royal Farms, a leading regional convenience store operator with 300+ locations.
Modern 2018 construction with 20 fueling positions and strong residual value.
High-income demographics with an average household income of $108,000 within one mile.

EXECUTIVE SUMMARY

This offering presents a premier single-tenant Royal Farms convenience store and fueling station located at 457 Stanton Christiana Road in Newark, Delaware. Built in 2018, the property sits on 1.85 acres and features a modern 5,371-square-foot building with 20 fueling positions. The asset is secured by a long-term absolute NNN ground lease with 13 years remaining and four 5-year renewal options, providing investors with stable, predictable income and zero landlord responsibilities. The lease includes 10% rent escalations every five years, enhancing long-term cash flow.
Strategically positioned along Route 7 with 68,733 vehicles per day, the property benefits from exceptional visibility and access to major highways, including Interstate 95. The surrounding trade area is a thriving retail submarket anchored by Christiana Mall, Christiana Town Center, and multiple national retailers, generating strong consumer traffic. The immediate area boasts robust demographics, with an average household income exceeding $108,000 within one mile and a population of over 209,000 within five miles. Nearby economic drivers include JPMorgan Chase’s 10,000+ employee campus, ChristianaCare Hospital, and Delaware Technical Community College.
Royal Farms, a privately held regional chain with over 300 locations, guarantees the lease, offering strong credit-backed security. This investment combines a high-performing location, long-term lease stability, and a corporate-backed tenant, making it an ideal opportunity for investors seeking passive income and portfolio diversification.

Royal Farms - Newark, DE - OM 2025