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    1200 Pennsylvania Ave Wilmington, DE 19806

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    For Lease
    $15 SF/Yr ($13,200 /Mo)

    Office space for lease near shopping, restaurants, and I-95.

    Property size:
    10,560 SF
    Lot size:
    10,560 SF

    Property Features for 1200 Pennsylvania Ave

    General Information

    Size
    10,560 SF

    Source: Rich Dudek, SIOR Agent Rich Dudek, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space Near Trolley Square

    Located near Trolley Square, this office space offers convenient access to shopping, restaurants, and other amenities. It is also situated minutes from the I-95 on-ramp and Wilmington CBD. Suite 303, located on the second floor, offers approximately 3,312 square feet. The lease rate is $15 per square foot, full service. The property features natural lighting throughout the offices. Building parking is available in an off-street lot. Pylon and building signage opportunities are available fronting Pennsylvania Avenue. The building systems and roof have been recently upgraded and replaced. The property, with a total size of 10,560 square feet, presents a potential for mixed-use apartment conversion.
    Location Intelligence

    Current Use by Public Records

    Alvatek Electronics Electronic Parts Supplier Synurture Human Resource Consulting Mc Fadden Bernard ... Attorney Lincoln Mortgage Co Loan Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.558678
    Latitude
    39.752996

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    FAQs

    What type of property is this?
    Office space - Office space for lease near shopping, restaurants, and I-95.
    Where is this office space located?
    The property is located at 1200 Pennsylvania Ave Wilmington, DE.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location near Trolley Square shopping, restaurants, and amenities.; - Easy access to I-95 and Wilmington CBD.; - Full service lease at $15/SF.
    (302) 893-7937
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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
    1200 Pennsylvania Ave Wilmington, DE 19806
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