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    100-424 Suburban Dr Newark, DE 19711

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    For Lease
    Contact for pricing

    Retail space in a mixed-use development near University of Delaware.

    Property size:
    1,600 SF
    Lot size:
    20.00 Acres

    Property Features for 100-424 Suburban Dr

    General Information

    Size
    1,600 SF
    Lot size
    20.00 Acres

    Source: Bellevue Realty Company Agent William Fincher

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

    Overview

    Mixed-Use Development Retail Space

    Suburban Plaza is a mixed-use development with over 300,000 square feet, featuring a retail shopping center, dining options, and student living. Anchored by ACME Markets and Home Depot, the property is located at the intersection of Elkton Road and Christina Parkway in Newark, Delaware, near the University of Delaware, downtown Newark, and I-95. The Retreat at Newark, a 600-bed luxury student living development, opened in 2014. Available retail space is 1,600 square feet. The average daily traffic count on Christina Parkway at Elkton Road is 39,071 vehicles.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    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.

    Similar Places Nearby

    Suburban Plaza, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7756512
    Latitude
    39.6681208

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    FAQs

    What type of property is this?
    Shopping center - Retail space in a mixed-use development near University of Delaware.
    Where is this shopping center located?
    The property is located at 100-424 Suburban Dr Newark, DE.
    What are key features of this property?
    This property features: - Mixed-use development featuring retail, dining, and student housing; - Anchored by ACME Markets and Home Depot; - Strategically located near the University of Delaware, downtown Newark, and I-95
    (302) 740-0071
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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
    100-424 Suburban Dr Newark, DE 19711
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