Casa Kahlo (Former Colbie's) — Sale in Newark, DE
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Newark, DE 19713
Photos
Investment Figures
- Cap rate
- 8.75%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
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 food service in Newark, DE is listed for sale. It is offered at an approximate 8.8% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Newark, DE — view the full market.
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