906 S Chapel St
Market Price
906 S Chapel St, Newark, DE 19713
1.2 acres
Lot Area
Details:
Description:
This 1.20-acre parcel offers a high-visibility ground lease opportunity located at a signalized intersection. Previously approved for a 2,551 SF restaurant with a drive-thru, the site is ideally suited for quick-service food, coffee, financial institutions, or other retail or service-oriented concepts. Located directly across from BJ’s Wholesale Club, Dollar Tree, and Food Lion—the property benefits from consistent traffic flow (20,717 AADT), and easy access to major thoroughfares including East Chestnut Hill Road and Route 72. Zoned CN (Community Commercial), the site supports a wide range of uses and offers excellent development flexibility in a high-demand corridor with strong demographics and year-round activity from nearby university students and local residents.
Ideally situated just minutes from the University of Delaware campus, 906 S Chapel Street offers excellent visibility and accessibility in the heart of Newark. Located along a well-traveled corridor with convenient access to I-95 and Main Street, this property benefits from strong foot and vehicle traffic, nearby residential neighborhoods, and a dynamic mix of local businesses, retailers, and campus-driven demand.
1 Space Available
906 S Chapel Unknown Sub Type
Documents:
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