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    1200 Peoples Plz Newark, DE 19702

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    For Lease
    Contact for pricing

    Office and medical suites available for rent with strong tenant mix.

    Property size:
    2,526 SF
    Lot size:
    73.42 Acres

    Property Features for 1200 Peoples Plz

    General Information

    Size
    2,526 SF
    Lot size
    73.42 Acres

    Source: NAI Emory Hill Agent Jim O'Hara, Jr

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

    Overview

    Office and Medical Suites Available

    Office space is available for rent, including medical and general office units. Suites range in size from 982 to 8,002 square feet. Pylon signage is available. The property benefits from on-site management and elevator service. A strong tenant mix and history characterize the location. A signalized intersection provides access from all directions. Restaurants and shopping are in close proximity. The location includes a DART bus park and ride with service to Kent County and Downtown Wilmington, as well as a Cecil County, MD transit station.
    Location Intelligence

    Current Use by Public Records

    Kirkwood Dental Associates ... Dentist De Couto Douglas ... Dentist Kirfides Kathy DDS Dentist Peninsula Dental Dentist Young Jr Arthur ... Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7504389
    Latitude
    39.6034711

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    FAQs

    What type of property is this?
    Office space - Office and medical suites available for rent with strong tenant mix.
    Where is this office space located?
    The property is located at 1200 Peoples Plz Newark, DE.
    What are key features of this property?
    This property features: - Excellent access from all directions due to signalized intersection.; - Suites ranging from 982-8,002SF, suitable for various business sizes.; - Dart Bus Park & Ride in center with service to Kent County and Downtown Wilmington.
    (302) 322-9500
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    1200 Peoples Plz Newark, DE 19702
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    Newark, DE 19702
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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 Peoples Plz Newark, DE 19702
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