2800 GOVERNOR PRINTZ BLVD #3

2800 GOVERNOR PRINTZ BLVD #3
WILM #07
WILMINGTON, DE 19802

MLS Number: DENC2057500

$1,700,000
SqFt: 43,996

Inquire About This Property

Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the buildings usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.