106 Albe Drive

For Sale

106 Albe Drive, Newark, DE 19702

This Newark property for sale is located at 106 Albe Drive. The current listed sale price for 106 Albe Drive is $2,450,000. 106 Albe Drive is situated on a lot that is 1.46 acre in size.

Contacts

broker

Alicia Fox

DSM Commercial

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 8,100 SF
  • Lot Size 1.46 Acre
  • Additional Rent Contact for pricing
  • Year Built 1994
  • Date Updated Oct 14, 2024
  • HVAC None
Situated on the bustling Old Baltimore Pike, this property enjoys significant daily traffic and exceptional visibility. Additionally, it is strategically located near I-95, offering convenient access for commuters.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.Available for lease is a 5,000 SF fully conditioned clear span flex building, formerly a kickboxing gym, situated on the heavily traveled Old Baltimore Pike. This versatile property offers prime visibility and easy access, being in close proximity to I-95. Ideal for a variety of uses, the building provides an open and adaptable space, perfect for businesses seeking a strategic and high-traffic location.

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Highlights

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

Attachments

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  • 37/100

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Location

  • City Newark, DE
  • Zip Code 19702
  • Market Philadelphia

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Alicia Fox

DSM Commercial