Thursday, March 27, 2014

Saga Maryland II Pays $2.6M for Newark Retail

Saga Maryland II LLC acquired the single-story retail building at 2414 Pulaski Hwy in Newark, DE from Bayrock Investment Company for $2.6 million, or about $272 per square foot. 

The 9,625-square-foot auto-repair facility was built in 2012 on 1.2 acres in the South New Castle County submarket of Philadelphia. It is occupied by a National Tire & Battery (NTB) Tire & Service Center on a triple-net lease. 

www.omegare.com

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