601 Garasches Lane

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601 Garasches Lane

Wilmington, DE 19801
Asking Price
$9.90M
Asset Type
Industrial Industrial
Class
Class B

What's Special

Industrial or Redevelopment Property for Sale <ul><li>​<span style="color: rgba(33, 37, 41, 1)">601 Garasches Lane: 9.0 +/- acres. Convenient access to I-95, I-495, and Route 13</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Suitable for a variety of commercial, industrial uses or redevelopment</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Zoned 26M-1 (Light Manufacturing), allowing for a range of uses including warehouse/distribution, flex industrial, contractor yards, light assembly, or redevelopment for commercial or

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NOI
$80,000
Cap Rate
0.81%
DSCR
0.14
Underwater
Cash-on-Cash
-17.10%
Monthly Payment
$48,979.798
Annual Cash Flow
$-507,757.58

Location & Travel Times