This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

106 Albe Dr

5,000 SF Flex Building Newark, DE 19702 $2,450,000 ($490/SF)

Investment Highlights

  • Ample parking
  • Entrance in close proximity to Old Baltimore Pike
  • Traffic Counts: 15,461 AADT
  • Jack's Kickboxing Gym: NNN Lease. Tenant is responsible for RE taxes, Insurance and CAM pass-throughs

Executive Summary

Introducing a prime investment opportunity in Newark, DE! This Property features a fully stabilized 5,000 sf clear span flex building occupied by the long-tenured Jack’s Kickboxing Gym in addition to a 3,100 sf +/- car wash complete with six (6) self-serve bays and one (1) tunnel. Situated directly on the heavily traveled Old Baltimore Pike and in close proximity to I-95, the property’s prime visibility and premium location further enhance its investment appeal. Excellent opportunity for an investor or owner-user seeking a profitable car wash with value-add potential in addition to existing stabilized income.
** Total Building SF (Jack's Kickboxing and Car Wash): 8,100 SF**

Property Facts

Price $2,450,000
Price Per SF $490
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Showroom
Building Class C
Lot Size 1.48 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 1.8/1,000 SF
No. Drive In / Grade-Level Doors 2

Amenities

  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water - County
  • Sewer - County
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,000 SF
  • Flex
  • Full Build-Out
  • 30 Days

Available for lease is a 5,000 SF fully conditioned clear span flex building situated on the heavily traveled Old Baltimore Pike.

Space Size Space Use Condition Available
1st Floor 5,000 SF Flex Full Build-Out 30 Days

1st Floor

Size
5,000 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 5,000 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

Available for lease is a 5,000 SF fully conditioned clear span flex building situated on the heavily traveled Old Baltimore Pike.

zoning

Zoning Code I (Industrial)
I (Industrial)
  • Listing ID: 33508300

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 106 Albe Dr, Newark, DE 19702

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}