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Office Space in Corporate Center
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211 Lake Dr, Newark, DE 19702

Business park office setting with screened, well-lit parking and planned site amenities for day-to-day operations.

Space Size15,460 SF
Lot Size350.00 Acres
Days on Market1230

Property Features for 211 Lake Dr

General Information

Standard status Active
Size 15,460 SF
Lot size 350.00 Acres
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Spaces For Lease

at 211 Lake Dr
211 Lake Dr AVAILABLE, Now
Floor 1
Size 15,460 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
- One-story steel and brick building. - Located in the Pencader Corporate Center, a master-planned, 350-acre office, research and industrial park. - The park is located approximately two miles from I-95 on Route 896. The property is zoned BP. - Tax Parcel # 11-021.00-018 - 211 Lake Drive consists of +/- 29,750 SF. - Fully conditioned - Building service: 2000 amp, 480/277, 3 phase. generator: 800 amp - Full building backup generator - Clear Height: 16' - Parking is available for 210 cars. - Dock loading with drive-in potential. - Available Space: - Suite A: +/- 15,460 SF - Suite J: +/- 11,470 SF
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Listing Agency: NAI Emory Hill
Listed By: Tim Plemmons · License #DE #RS-0024026
Source: Moodyscre
Added: Jun 13, 2023 Changed: Oct 9 Last Checked: Oct 23 at 6:54AM

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 NAI Emory Hill

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Investment Insights

Based on property information with market context.

Pencader Corporate Center offers office space within a master-planned business park. The campus is described as a mixed office, research, and industrial environment developed with large expanses of open space and wide boulevards. Site improvements include underground utilities, extensive landscaping, and large, screened, well-lit parking lots.

The property is located in Pencader Corporate Center on Route 896, with proximity to Interstate 95 and Route 40 noted in the remarks. The location description also states the park is approximately two miles from I-95 via Route 896.

For tenants and operators, the setting provides a campus-style environment designed for efficient site circulation and parking. The combination of underground utilities, landscaping, and screened parking supports a more controlled, campus-oriented workplace. This is a practical option for organizations looking for office space within a planned corporate park context and convenient access to major routes.

Key Highlights

  • Pencader Corporate Center is a 350‑acre master‑planned office, research, and industrial park in Newark, DE.
  • Located on Route 896, approximately 2 miles from I‑95, with access to Route 40.
  • Park design includes large expanses of open space and wide boulevards.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Alias Group Production Facility Coventry Health Care ... Insurance Agency Mussel Buster Big Box & Wholesale Store Alias Cann Business Service Center

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Skin Care Clinic Furniture & Home Goods Parking Lot & Garage

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 19702, DE

55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office building - Business park office setting with screened, well-lit parking and planned site amenities for day-to-day operations.
Where is this office building located?
The property is located at 211 Lake Dr Newark, DE.
What are key features of this property?
This property features: Pencader Corporate Center is a 350‑acre master‑planned office, research, and industrial park in Newark, DE.; Located on Route 896, approximately 2 miles from I‑95, with access to Route 40.; Park design includes large expanses of open space and wide boulevards.
(610) 675-5591 Call to check price and availability
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