Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 Penn Mart Shopping Ctr New Castle, DE 19720

    For Lease
    $20 SF/Yr ($3,646 /Mo)

    Retail space available in bustling New Castle shopping center.

    Property size:
    2,188 SF
    Lot size:
    15.23 Acres

    Property Features for 1 Penn Mart Shopping Ctr

    General Information

    Size
    2,188 SF
    Lot size
    15.23 Acres

    Source: DSM Commercial Agent Griffin Conaty

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

    Overview

    Retail Space in Penn Mart

    Located in New Castle, Delaware, Penn Mart Shopping Center is a retail hub featuring national tenants. Anchor tenants include Big Lots, PNC Bank, Save A Lot, and Rent-A-Center. The center provides a diverse shopping experience, catering to consumer needs and ensuring a steady flow of foot traffic. The available space is 2,188 square feet. The shopping center offers well-maintained premises and ample parking facilities, enhancing convenience for shoppers. The property is suitable for retail use.
    Insight Report Location Intelligence

    Current Use by Public Records

    New York Fried ... Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Penn Mart Shopping Center, Airport Plaza, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.588699
    Latitude
    39.6770932

    Nearby Similar for Lease

    • $23,971
      109,771 SF

      Versatile Commercial Space Available

      24,000 sq ft retail/warehouse space with flexible subdivision options.
      791 S Dupont Hwy, New Castle, DE 19720
      View Details
    • Contact for pricing
      36,000 SF

      New Castle Industrial Property

      Strategically located industrial property with easy access to major transportation routes.
      4060 N Dupont Hwy, New Castle, DE 19720
      View Details
    • Contact for pricing
      81,225 SF

      New Castle Industrial Facility

      81,225 SF industrial facility with warehouse and office space.
      901 A/B Lambson Ln, New Castle, DE 19720
      View Details
    • $7 SF/Yr
      21,000 SF

      Adaptable Warehouse with Lab Space

      Sublease opportunity: flexible space near I-95 in New Castle.
      New Castle, DE 19720
      View Details
    • $20 SF/Yr
      1,000 SF

      Retail Space in Penn Mart

      Bustling retail hub with national tenants in New Castle.
      106 Penn Mart Shopping Ctr, New Castle, DE 19720
      View Details
    • Contact for pricing
      60,969 SF

      Crossroads Plaza Retail Spaces

      Delaware Retail Center - Multiple Spaces Available
      2064 New Castle Ave, New Castle, DE 19720
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in bustling New Castle shopping center.
    Where is this shopping center located?
    The property is located at 1 Penn Mart Shopping Ctr New Castle, DE.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of New Castle, Delaware.; - Anchored by national tenants: **Big Lots, PNC Bank, Save A Lot, and Rent-A-Center.**; - Diverse shopping experience catering to a wide range of consumer needs.
    (302) 545-2061
    Request Owner's contact information
    1 Penn Mart Shopping Ctr New Castle, DE 19720
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Penn Mart Shopping Ctr
    New Castle, DE 19720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1 Penn Mart Shopping Ctr New Castle, DE 19720
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.