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Auto Service - Gas-Conv

Royal Farms

457 Stanton Christiana Rd, Newark, DE 19713

Listing Price: $5,000,000

Cap Rate
5.50%
Tenant Name
Royal Farms
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
5,371
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.20

Investment Overview

THRIVING RETAIL SUBMARKET PERFORMANCE | PLACER AI
• Christiana Mall - Top 5-20% National Performers
• Target, Costco, Cabela’s, Dick’s, JC Penny, Macy’s
• Christiana Fashion Center, Center Pointe Plaza, University Plaza, and Christiana Town Center
• Home Depot, Best Buy, Boot Barn, Planet Fitness, Acme, Aldi, PetSmart (Top Performers)

Investment Highlights

  • SINGLE-TENANT ROYAL FARMS GAS STATION (20 PUMPS) & CONVENIENCE STORE
  • 13 YEARS REMAINING - "NNN" GROUND LEASE WITH 10% RENT INCREASES EVERY 5 YEARS
  • TOP PERFORMING ROYAL FARMS LOCATION | PLACER AI - 586K ANNUAL VISITORS
  • STRATEGICALLY SIGNALIZED LOCATION | STANTON CHRISTIANA RD (ROUTE 7)
  • IDEAL C-STORE DEMOGRAPHICS | GROWTH MARKET (1.5-2%)

Exclusively Listed By

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) DE: RB-0031281

    Delaware

Financing By

Auto Service - Gas-Conv

Royal Farms

Listing Price: $5,000,000

Cap Rate
5.50%
Tenant Name
Royal Farms
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
5,371
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.20

Investment Highlights

  • SINGLE-TENANT ROYAL FARMS GAS STATION (20 PUMPS) & CONVENIENCE STORE
  • 13 YEARS REMAINING - "NNN" GROUND LEASE WITH 10% RENT INCREASES EVERY 5 YEARS
  • TOP PERFORMING ROYAL FARMS LOCATION | PLACER AI - 586K ANNUAL VISITORS
  • STRATEGICALLY SIGNALIZED LOCATION | STANTON CHRISTIANA RD (ROUTE 7)
  • IDEAL C-STORE DEMOGRAPHICS | GROWTH MARKET (1.5-2%)

Investment Overview

THRIVING RETAIL SUBMARKET PERFORMANCE | PLACER AI • Christiana Mall - Top 5-20% National Performers • Target, Costco, Cabela’s, Dick’s, JC Penny, Macy’s • Christiana Fashion Center, Center Pointe Plaza, University Plaza, and Christiana Town Center • Home Depot, Best Buy, Boot Barn, Planet Fitness, Acme, Aldi, PetSmart (Top Performers)

Exclusively Listed By

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): DE: RB-0031281

    Delaware

Financing By

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