481 Stanton Christiana Rd
Newark, DE 19713
Casa Kahlo (Former Colbie's Southern Chicken) · Commerce de détail Propriété À vendre

This offering presents a premier single-tenant net lease investment with Casa Kahlo Mexican Grill & Bar, a growing regional restaurant brand. The property is strategically located at 457 Stanton Christiana Road in Newark, Delaware, a high-traffic corridor with over 68,700 vehicles per day and direct connectivity to Interstate 95. The site benefits from a thriving retail submarket anchored by Christiana Mall, Christiana Fashion Center, and major national retailers such as Target, Costco, and Cabela’s.
Casa Kahlo has executed a new 10-year NNN ground lease commencing April 2026, providing investors with a stable income stream and zero landlord responsibilities. The lease includes 15% rent escalations every five years and two five-year renewal options, ensuring long-term growth potential. The tenant is personally guaranteed by experienced operators, further enhancing security.
The property sits on a 1.2-acre parcel and features a 4,600-square-foot building with a drive-thru and outdoor dining area. Positioned near major employment hubs, including JPMorgan Chase’s 10,000-employee campus and ChristianaCare Hospital, the location draws from a strong consumer base with an average household income exceeding $108,000 within one mile. This investment combines a high-performing location, a proven operator, and a long-term lease structure, making it an ideal addition to any portfolio.