Single Tenant Retail
Casa Kahlo
457 Stanton Christiana Road Newark, DE
Listing Price: $2,011,765
Cap Rate
8.50%
Net Operating Income
$171,000
Lease Type
NNN Ground
Lot Size
1.20 Acres
Rentable SF
4,600 SF
Guarantor
Personal
Year Built
2018
Investment Highlights:
Exclusivley Listed By:
SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
GROWING RESTAURANT CONCEPT - CASA KAHLO | FREE STANDING MEXICAN GRILL & BAR
» Original Location (Newark Shopping Center) - 230 E. Main Street Newark, DE (7 Miles Away)(
» Personal Guarantee from Restaurant Operators
NEWLY EXECUTED 10 YEAR LEASE - “NNN” GROUND LEASE WITH 15% RENT INCREASES EVERY 5 YEARS
» Former Colbie’s Chicken Location | 2nd Generation Restaurant Space
» Lease was Executed in Fall 2025 | Opening Projected for Spring 2026 (April)
4,600 SQUARE FOOT RESTAURANT | FEATURING DRIVE-THRU & OUTDOOR DINING AREA
» Dining, Events, Parties, and Catering - Perfect Spot for any Occasion
» Casa Kahlo is Responsible for Restaurant Renovations
STRATEGICALLY SIGNALIZED LOCATION | STANTON CHRISTIANA RD (ROUTE 7)
» 68,733 Vehicles Per Day & Intersects with Major Highways including Interstate 95
» Runs North / South Through New Castle County | Connects PA to US 13