18756 Coastal Hwy - Retail FOR SALE


Rehoboth Beach, DE 19971
$375,000 USD
302-227-0768
18756 Coastal Hwy, Rehoboth Beach, DE for Sale
$375,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

NEW


18756 Coastal Hwy
Rehoboth Beach, DE 19971


HIGHLIGHTS

  • Turnkey ±3,217 SF Second-Generation Restaurant
  • Prime Visibility & Strong Daily Traffic Counts (60,000+ VPD)
  • Fully Equipped with Complete FF&E Package
  • Seating for 79 Patrons per Fire Marshal
  • Liquor License Transfer Available
  • Optional Food Truck Purchase (+$50,000)

OVERVIEW

This listing is for a business-only sale of the established Grandpa Mac restaurant located along Coastal Highway in the Harbor Square Shopping Center in Rehoboth Beach. This offering does not include any real estate. The sale includes the operating business, all Furniture, Fixtures & Equipment (FF&E), established branding, goodwill (est. 2015), and the ability to transfer the liquor license. The ±3,217 SF second-generation restaurant space offers seating for 79 patrons and excellent visibility on one of Delaware’s busiest coastal corridors. Buyers may assume the existing lease, which runs through November 11, 2026, with five (5) additional two-year extension options through 2035. This turnkey, business-only opportunity also includes the option to purchase the Grandpa Mac food truck for an additional $50,000.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Grandpa Mac Business Only For Sale

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-1

APN/PARCEL ID

334-12.00-90.00

ASK ABOUT THIS PROPERTY

Brittany DanahyDSM CommercialMore Info
302-227-0768

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Brittany DanahyDSM CommercialMore Info
302-227-0768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.