2675 Pulaski HwyNewark, DE 19702

  • Land
  • 1.63 AC
For Lease

Property Details for 2675 Pulaski Hwy

Lot size
1.63 AC
Zone code
H
Property type
Land
Property subtype
Commercial land
APN
11-026.10-204
APU
1102610204

Description

This Class A, 44,000 square foot retail shopping center is strategically located at 2675 Pulaski Highway in Newark, Delaware, zip code 19702, in New Castle County. The property sits on a 10.27-acre lot and offers a variety of spaces for lease, ideal for multiple tenants. Units range from a minimum of 1,326 square feet to a maximum contiguous space of 8,000 square feet, with 15,326 square feet currently vacant. The center boasts a highly visible location at a fully signalized intersection on Pulaski Highway (Route 40), just west of People's Plaza Shopping Center and near the Delaware/Maryland state line. This prime location benefits from its proximity to established residential areas and new construction communities, ensuring a strong customer base. The property is surrounded by new retail and office complexes, creating a vibrant and thriving commercial environment. Current tenants include well-known brands such as Taco Bell, AutoZone, GoHealth Urgent Care, Novacare, and Smoothie King, providing excellent co-tenancy opportunities for new businesses. This exceptional retail opportunity in tax-free Delaware offers significant potential for growth and success. The property is classified as Retail, Office, and Land, with a subtype of Commercial, Storefront, and Strip Center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,733,004
    Hospitality
    $31,815,244
    Educational
    $26,469,910
    Medical
    $27,380,250
    Retail
    $41,175,416
2675 Pulaski Hwy, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6043
Longitude
-75.7568
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$527
$12,200
-
$12,200
-
-
-
-

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