Description

In 2018, an ARLS Properties affiliate acquired 2160 New Castle Avenue in New Castle, Delaware. The 5.5 acre property is located along Interstate 295 at the foot of the Delaware Memorial Bridge, has traffic counts of approximately 95,000 vehicles per day, and is easily accessible to both northbound and southbound travelers. The property was previously improved with a 28,000 square foot retail building that the seller occupied and operated as a Harley Davidson store. ARLS Properties demolished the existing building, leased two pads at the site to Royal Farms and Starbucks, and sold land to a Marriott hotel developer. Wendy's is scheduled to open will be joining the tenant lineup in 2026. An additional parcel is available for lease/sale. with additional land available for more national tenants

Key Features