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Renovated Retail Space in Newark
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700 Capitol Trl, Newark, DE 19711

Mixed-use shopping center near University of Delaware.

Space Size1,309 SF
Days on Market1324

Property Features for 700 Capitol Trl

General Information

Standard status Active
Size 1,309 SF
Property subtype RETAIL

Spaces For Lease

at 700 Capitol Trl Contact us

700 Capitol Trl

Floor
1
Size
1,309 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Newly Renovated Liberty Plaza / Possum Park Mall, a 67,000+ square foot mixed-use...
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Listing Agency: Bellevue Realty Company
Listed By: William Fincher
Source: Moodyscre
Added: Jan 25, 2023 Changed: Sep 8 Last Checked: Sep 10 at 12:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellevue Realty Company

Investment Insights

Based on property information with market context.

Liberty Plaza / Possum Park Mall is a renovated mixed-use shopping center with over 67,000 square feet of retail shopping center, dining options, and office space. The property is located at the intersection of Capitol Trail (Kirkwood Highway / Route 2) and Possum Park Road in Newark, Delaware, minutes from the University of Delaware and downtown Newark. The average daily traffic count on Capitol Trail at Possum Park Road exceeds 40,000 vehicles. Current tenants include Outback Steakhouse, Family Dollar, Perkins Restaurant, and DEXSTA Federal Credit Union. One available space offers 2,605 square feet.

Key Highlights

  • High traffic location with over 40,000 vehicles daily.
  • Strategically located near University of Delaware and downtown Newark.
  • Mixed‑use shopping center with retail, dining, and office space.

Property Analytics

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Current Use

Liberty Plaza/Possum Park ... Shopping Center & Mall Creative Travel Inc Travel Agency Mike Broujos - State ... Insurance Agency Ultimate Touch Massage ... Alternative Medicine Practice Liberty Yoga Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Plumbing Service Grocery & Convenience 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby
Under-served
Demand for This Use

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
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Liberty Plaza/Possum Park Mall 700 Capitol Tr, Newark, DE 19711
  • Shops of Red Mill 1450 Capitol Tr, Newark, DE 19711

Frequently Asked Questions

What type of property is this?
Shopping center - Mixed-use shopping center near University of Delaware.
Where is this shopping center located?
The property is located at 700 Capitol Trl Newark, DE.
What are key features of this property?
This property features: High traffic location with over 40,000 vehicles daily.; Strategically located near University of Delaware and downtown Newark.; Mixed‑use shopping center with retail, dining, and office space.
(302) 740-0071 Call to check price and availability
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