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Office Units With Multiple Entrances
For Lease
$3,800/Mo

720 NEW LONDON Road, Newark, DE 19711

CommercialLease, NEWARK, DE

Space SizeContact for details
Lot Size0.83 Acres
Days on Market249

Property Features for 720 NEW LONDON Road

General Information

Property type Other
Property subtype Office
Parking 15
Parking features Parking Lot
Elementary school district CHRISTINA
Middle school district CHRISTINA
High school district CHRISTINA
Standard status Active
Lot size 0.83 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

on-site parking lot
business signage
multiple entrances

Building Details

Year built 1920
Building materials Vinyl Siding
Listing Agency: Empower Real Estate, LLC · Keller Williams Realty
Listed By: Laura Natalie Correa · License #RS0037544
Added: Jan 5 Changed: Sep 11 Last Checked: Sep 11 at 6:06PM
MLS# DENC2095056

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property includes ground-level and second-level space with multiple entrances that can support divided or multi-tenant configurations. The building was constructed in 1920 and features vinyl siding, forced-air heat, central air conditioning, and a large on-site parking lot. Business signage is available, and the landlord pays all utilities.

At 720 New London Road, the property sits along Route 896 on Newark’s east side, south of Country Club Drive. Fairfield Shopping Center is directly across the road, with Acme Markets, Rite Aid, and dining options. The University of Delaware is nearby, while access to Pennsylvania and Maryland is convenient from the corridor.

Lease divisions may be negotiated according to tenant requirements, with availability allocated on a first-come, first-served basis. The offering can accommodate the full ground level or the full second level, subject to lease terms.

Key Highlights

  • Ground‑level and second‑level office space available for lease
  • Multiple entrances support divided or multi‑tenant layouts
  • Landlord‑paid utilities

Property Analytics

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Current Use

Insurance Associates Inc. Insurance Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 19711, DE

48,477
Population
20,617
Households
2.4
Avg Household Size
37
Median Age
53%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
1,769
Density / Sq Mi
$94,455
Median Household Income
$43,790
Median Earnings
$1,516
Median Rent
$376,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newark, DE

$15.08 /SF/Yr
Avg Asking Price
$6.65–$25 /SF/Yr
Price Range
5,255 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-level and second-level office configurations offer flexible access, on-site parking, and landlord-paid utilities.
Where is this office units located?
The property is located at 720 NEW LONDON Road Newark, DE.
What is the lease rate?
The lease rate is $3,800/Mo.
What are key features of this property?
This property features: Ground‑level and second‑level office space available for lease; Multiple entrances support divided or multi‑tenant layouts; Landlord‑paid utilities
More about this property
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