Retail Business for Sale in Newark, DE
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Newark, DE 19713
Description
IDEAL RESTAURANT DEMOGRAPHICS | GROWTH MARKET (1.5-2%) • Average Household Income of $108K in the Immediate Submarket • Population of 66,000 to 209,000 People within 3-5 Miles of the Site Investment Highlights: • GROWING RESTAURANT CONCEPT - CASA KAHLO | FREE STANDING MEXICAN GRILL & BAR • NEWLY EXECUTED 10 YEAR LEASE - "NNN" GROUND LEASE WITH 15% RENT INCREASES EVERY 5 YEARS • 4,600 SQUARE FOOT RESTAURANT | FEATURING DRIVE-THRU & OUTDOOR DINING AREA • STRATEGICALLY SIGNALIZED LOCATION | STANTON CHRISTIANA RD (ROUTE 7)
Market Context
This retail in Newark, DE is listed for sale. It is offered at an approximate 8.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Newark, DE — <a href="/search/sale/retail/delaware/newark">view the full market</a>.
As of Q1 2026, the New Jersey retail market showed average asking rents near $54.00/SF/yr, and cap rates around 8.0%. Source: Consensus Q1 2026 market report.
Its 8.5% asking cap rate is above the New Jersey retail market average of about 8.0%, implying a higher yield (and typically more risk or upside) than comparable assets.
Retail market FAQ
- What is the typical cap rate for retail in New Jersey?
- About 8.0% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$45.90/SF – $62.10/SF
Mid: $54.00/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Derrick Dougherty · (215) 531-7026 · derrick.dougherty@marcusmillichap.com
- Nick Geaneotes · (215) 531-7071 · nick.geaneotes@marcusmillichap.com
- Jacob Haslach · (215) 531-7078 · jacob.haslach@marcusmillichap.com
- Timothy B. Stephenson Jr. · (215) 531-7000
- Stephen Filippo · (212) 430-5288 · stephen.filippo@marcusmillichap.com
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