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Restaurant

Casa Kahlo (Former Colbie's)

481 Stanton Christiana Rd, Newark, DE 19713

Listing Price: $2,011,765

Cap Rate
8.50%
Tenant Name
Casa Kahlo
Years Remaining On Lease
10.2
Guarantor
Personal Guarantee
Rentable SF
4,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.17

Investment Overview

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)

Exclusively Listed By

Broker of Record

  • Timothy B. Stephenson Jr.

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s) DE: RB-0031281

    Delaware

Financing By

Restaurant

Casa Kahlo (Former Colbie's)

Listing Price: $2,011,765

Cap Rate
8.50%
Tenant Name
Casa Kahlo
Years Remaining On Lease
10.2
Guarantor
Personal Guarantee
Rentable SF
4,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.17

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)

Investment Overview

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

Exclusively Listed By

Broker of Record

  • Timothy B. Stephenson Jr.

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s): DE: RB-0031281

    Delaware

Financing By

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