1401 Latimer Cir - Fast Food FOR SALE
Wilmington, DE 19805 |
$739,000 USD
248-702-0288
1401 Latimer Cir
Wilmington, DE 19805
HIGHLIGHTS
- Absolute NNN Lease with Zero Landlord Responsibilities
- Lease with 5+ Years Remaining on the Term
- Lease Supports Rental Increases Every 3 Years Throughout the Term and in Each Option
- Guaranteed by a 40-Unit Operator
- Situated Just off of Maryland Avenue with 21,400+ Vehicles Per Day
- Little Caesars is the Third Largest Pizza Chain in the United States
FOR SALE DETAILS
PRICE
$739,000 USD
PRICE/SF
$528 USD /SF
CAP RATE
6.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Little Caesars
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,792 SF
ZONING
CN
APN/PARCEL ID
07-039.40-369
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248-702-0288
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248-702-0288
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