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Unique Waterfront District Office Suites
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300 Martin Luther King Blvd, Wilmington, DE

Converted 1880s building with contemporary office suites for lease.

Space Size2,000 SF - 4,200 SF
Lot Size0.49 Acres
Days on Market680

Property Features for 300 Martin Luther King Blvd

General Information

Standard status Active
Size 2,000 SF - 4,200 SF
Lot size 0.49 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 300 Martin Luther King Blvd Contact us

300 Martin Luther King Blvd $11/SF/Yr

Floor
1
Size
2,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Beautifully converted building built in the 1880s has two office suites available...
show more
Contact us

300 Martin Luther King Blvd $11/SF/Yr

Floor
2
Size
4,200 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Beautifully converted building built in the 1880s has two office suites available...
show more
Contact us
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Chris Moore
Source: Moodyscre
Added: Oct 2, 2024 Changed: Aug 8 Last Checked: Aug 12 at 10:55AM

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 LMT Commercial Realty / CORFAC International

Investment Insights

Based on property information with market context.

This converted building, originally constructed in the 1880s, features two office suites available for lease. The property retains exposed brick with post and beam construction, creating a unique work environment with a contemporary feel. Design elements include exposed ducts, an open floor plan, and separate offices. Original building furnishings have been restored and incorporated into the interior design. Located in Wilmington's Waterfront District, the property is within walking distance of riverfront attractions, restaurants, and the train and bus station. The available office suites offer a turn-key, move-in ready space. The property has a total size of 4,200 square feet.

Key Highlights

  • Prime location in Wilmington's Waterfront District, walking distance to attractions, restaurants, and transportation.
  • Unique office suites in a beautifully converted 1880s building with exposed brick and post and beam construction.
  • Contemporary feel with open floor plan, separate offices, and exposed ducts.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Storage Facility Auto Parts Store Spa & Massage Center

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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,477
Businesses Nearby

Market

Lease Benchmarks for Wilmington, DE

$16.51 /SF/Yr
Avg Asking Price
$10.34–$25 /SF/Yr
Price Range
7,974 SF
Avg Space Size

This space is priced 33% below the average of $16.51 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Converted 1880s building with contemporary office suites for lease.
Where is this office units located?
The property is located at 300 Martin Luther King Blvd Wilmington, DE.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Prime location in Wilmington's Waterfront District, walking distance to attractions, restaurants, and transportation.; Unique office suites in a beautifully converted 1880s building with exposed brick and post and beam construction.; Contemporary feel with open floor plan, separate offices, and exposed ducts.
(302) 383-1911 Call to check price and availability
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