Single Tenant Retail
Royal Farms
457 Stanton Christiana Road Newark, DE
Listing Price: $5,000,000
Cap Rate
5.50%
Net Operating Income
$275,000
Lease Type
NNN Ground
Lot Size
1.85 Acres
Rentable SF
5,371 SF
Guarantor
Corporate
Year Built
2018
Investment Highlights:
Exclusivley Listed By:
SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
SINGLE-TENANT ROYAL FARMS GAS STATION (20 PUMPS) & CONVENIENCE STORE
» Privately Held Regional Chain headquartered in Baltimore, MD
» Total Annual Revenue of $974 Million in 2024
13 YEARS REMAINING - “NNN” GROUND LEASE WITH 10% RENT INCREASES EVERY 5 YEARS
» 13 YEARS REMAINING - “NNN” GROUND LEASE WITH 10% RENT INCREASES EVERY 5 YEARS
» Corporate Guarantee (Two Farms, Inc.) - 300+ Locations | 7 States
» Strong Residual Value | Tenant Invested an estimated $5+ Million in the Building & Site Improvements
TOP PERFORMING ROYAL FARMS LOCATION | PLACER AI - 586K ANNUAL VISITORS
» Locally - Top 15% (2 of 9)
» Nationally - Top 30% (87 of 288)
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