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Light Industrial/Flex/Warehouse Space Available
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401 Cornell Dr, Wilmington, DE

Centrally located light industrial/flex/warehouse property with various sized suites.

Space Size18,000 SF
Lot Size22.49 Acres
Days on Market1212

Property Features for 401 Cornell Dr

General Information

Standard status Active
Size 18,000 SF
Lot size 22.49 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 401 Cornell Dr Contact us

401 Cornell Dr

Floor
Bldg
Size
18,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Cornell Business Park is a centrally located light industrial/flex/warehouse property...
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Listing Agency: Pettinaro Management, LLC
Listed By: Matt Guers
Source: Moodyscre
Added: Apr 18, 2023 Changed: Aug 8 Last Checked: Aug 11 at 5:24AM

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 Pettinaro Management, LLC

Investment Insights

Based on property information with market context.

Cornell Business Park is a centrally located light industrial, flex, and warehouse property with approximately 166,578 square feet of leasable area. Individual warehouse sizes range from 1,500 to 18,000 square feet. The property offers various sized suites suitable for small light industrial warehouse users. Cornell is strategically located with direct access to I-495, I-95, and Route 13, just south of Wilmington, and is also located close to the Wilmington Port. The property is located in New Castle County and is not subject to the city of Wilmington wage tax. A recently constructed 59,542 square foot warehouse building was pre-leased to a single tenant and was completed in early 2023. Two more warehouse buildings will be completed in the fall of 2023, each containing approximately 18,000 square feet. These buildings will accommodate a minimum of 3,000 square foot bays with a 10'x14' overhead at grade access door and will have a 20' clear height to allow for warehouse racking users.

Key Highlights

  • Strategic location with direct access to I‑495, I‑95, and Route 13, near Wilmington Port.
  • Variety of warehouse sizes available, ranging from 1,500 to 18,000 square feet.
  • New construction: recently completed 59,542 sq ft warehouse and two additional buildings to be completed in Fall 2023.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Nail Salon Accounting Firm Barber Shop

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

363
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Centrally located light industrial/flex/warehouse property with various sized suites.
Where is this warehouse located?
The property is located at 401 Cornell Dr Wilmington, DE.
What are key features of this property?
This property features: Strategic location with direct access to I‑495, I‑95, and Route 13, near Wilmington Port.; Variety of warehouse sizes available, ranging from 1,500 to 18,000 square feet.; New construction: recently completed 59,542 sq ft warehouse and two additional buildings to be completed in Fall 2023.
(609) 605-1843 Call to check price and availability
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