501 Garasches Lane

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501 Garasches Lane

Wilmington, DE 19801
Asking Price
$6.00M
Asset Type
Industrial Industrial
Class
Class B

What's Special

Industrial Property For Sale <ul><li>​<span style="color: rgba(33, 37, 41, 1)">Zoned M-1 (Light Manufacturing)</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">DNREC Brownfields process completed and updated wetlands delineation completed in 2026</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Located within the City of Wilmington</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Easy access to I-95, I-495, Route 13, and major regional roadways</span></li><li>​<span style="color: rgba(33, 37, 41, 1)"

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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.35%
Monthly Payment
$29,684.726
Annual Cash Flow
$-276,216.715

Location & Travel Times