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    720 New London Rd, Unit A Newark, DE 19711

    Sponsored
    For Lease
    $3,800 /Mo ($1.26 SF/Yr)

    CommercialLease - NEWARK, DE

    Type:Office
    Lot size:
    0.83 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 3:06 am

    Property Features for 720 New London Rd

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    15
    Parking features
    Parking Lot
    Lot size
    0.83 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Building materials
    Vinyl Siding

    Keller Williams Realty - Newark (302) 738-2300 [email protected]

    Listing agent Laura Natalie Correa (302) 607-3603 License #RS0037544

    Listing date Jan 5, 2026

    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.

    Overview

    Prime Newark Location Office Space

    Located on New London Road in Newark, Delaware, this office space offers a prime location with easy tri-state access, suitable for medical offices, professional services, and small businesses. Situated on the east side of Route 896, south of Country Club Drive, the property provides quick access to Pennsylvania and Maryland. It is directly across from Fairfield Shopping Center, which includes Acme Markets, Rite Aid, and dining options. The University of Delaware is also nearby. The space is available for lease and ready for immediate occupancy. All utilities are paid by the landlord. A large on-site parking lot provides access for staff and customers, and there is opportunity for business signage. The building features multiple entrances, allowing for flexible layouts and convenient access for divided or multi-tenant use. The landlord is open to negotiating lease divisions based on tenant needs, with space divisions handled on a first-come, first-served basis. The property is situated on a lot of 0.83 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Insurance Associates Inc. Motorcycle Insurance Agency

    Suggested Use

    Law Firm Building Supply Clothing Store Gym & Fitness Wholesale Shop Kitchen & Bath Department Store Discount Store Barber Shop Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.77687
    Latitude
    39.70936

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    FAQs

    What type of property is this?
    Office space - Office space in a prime Newark location with easy access.
    Where is this office space located?
    The property is located at 720 New London Rd, Unit A Newark, DE.
    What is the lease rate?
    The lease rate is $1.26 SF/Yr.
    What are key features of this property?
    This property features: - Prime Newark location with easy access to Pennsylvania and Maryland state lines.; - High-traffic location on Route 896, offering **excellent visibility and signage opportunities.**; - All utilities are paid by the landlord, simplifying monthly expenses.
    (302) 607-3603
    Request Owner's contact information
    720 New London Rd, Unit A Newark, DE 19711
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    Newark, DE 19711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 New London Rd, Unit A Newark, DE 19711
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