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Capriotti's NNN Lease

708 West Basin Road, New Castle, DE 19720
Offering MemorandumInvestment Flyer

For Sale

Freestanding Capriotti’s Sandwich Shop

Property Details

  • Freestanding Capriotti’s Sandwich Shop with private parking
  • Positioned on Rt 202, one of the state’s busiest four-lane highways with over 39,294 cars passing the site daily
  • Located less than a mile away from the Delaware Turnpike and the I-95 corridor with access to on/off ramps to each of the major highways from West Basin Rd (Rt 202)
  •  Recently remodeled in 2018
  • The store has been operating in this same location for over 30 years, is a top-five location in sales across the entire system, and is a staple of this Delaware community

Investment Highlights

  • Asking Price: $995,113
  • CAP Rate 5.75%
  • Personally Guaranteed Lease
  • NNN Lease
  • 9 Years of Initial Term Remaining

Contact

Shane Dolan

484.482.2544
sdolan@equityretailbrokers.com

Ken Yanni

484.417.2223
kyanni@equityretailbrokers.com

Ed Ginn

484.417.2201
eginn@equityretailbrokers.com

Property Location

Capriotti's Sandwich Shop

480 Lancaster Avenue
Malvern, PA 19355