TGI Friday’s Newark, DE

650 South College Avenue
Newark, DE

Price: $6914000
Cap Rate: 5.25%
NOI: $362,944
Building Size: Approx. 6800 Sq. Ft.
Lot Size: Approx. 2.34 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 1999

Investment Overview

6,800+/- SF Building on 2.34+/- Acre Site

Located along S College Ave (24,000 VPD), just N of I-95 (114,000 VPD)

Adjacent to Embassy Suites & University of Delaware (22,680 Students)

Area Attractions: Bob Carpenter Center | Delaware Stadium | Mill Creek

Newark is located equal distant, 45-Miles, to Dover, DE & Philadelphia, PA

5-Mile Radius: 2015 Estimated Pop: 153,516 l 3-Mile Avg. HH Income:  $75,341

Philadelphia – Camden – Wilmington (MSA) | Population: 6,051,170

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