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Standalone Flex and Office Building
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111 Ruthar Dr, Newark, DE 19711

Standalone building in Harmony Industrial Park with space that can be finished for office use.

Space Size3,300 SF
Days on Market717

Property Features for 111 Ruthar Dr

General Information

Standard status Active
Size 3,300 SF
Property subtype INDUSTRIAL
Lease Type Modified Gross

Additional Details

Highway Access Yes

Spaces For Lease

at 111 Ruthar Dr Contact us

111 Ruthar Dr $17/SF/Yr

Floor
1
Size
3,300 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Introducing 111 Ruthar Drive, a standalone building offering approximately 3,300...
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Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Mitch Berkowitz
Source: Moodyscre
Added: Oct 4, 2024 Changed: Sep 7 Last Checked: Sep 19 at 11:53AM

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.

Introducing 111 Ruthar Drive, a standalone building in the Harmony Industrial Park offering approximately 3,300 +/- square feet. The space can be finished for office use, and the landlord will consider tenant improvements, subject to the terms of the transaction.

The property is positioned for convenient regional access near I-95, Route 72, and Route 2, supporting easy travel to other parts of New Castle County.

This offering provides a flexible configuration suitable for tenants looking for an office-finished setup within a standalone industrial park setting.

Key Highlights

  • Standalone building in Harmony Industrial Park with approximately 3,300 +/- SF
  • Space can be finished for office use (tenant finish as applicable)
  • Landlord will consider negotiable tenant improvements, subject to transaction terms

Property Analytics

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Current Use

Phar Merica Pharmacy Elaine P. Voit, ... Pharmacy Gloria F. Akinkunmi, ... Pharmacy Wayne C. Sartorio ... Pharmacy Patricia A. Klishevich, RPH Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store

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
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19711, DE

48,477
Population
20,617
Households
2.4
Avg Household Size
37
Median Age
53%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
1,769
Density / Sq Mi
$94,455
Median Household Income
$43,790
Median Earnings
$1,516
Median Rent
$376,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Flex space - Standalone building in Harmony Industrial Park with space that can be finished for office use.
Where is this flex space located?
The property is located at 111 Ruthar Dr Newark, DE.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Standalone building in Harmony Industrial Park with approximately 3,300 +/- SF; Space can be finished for office use (tenant finish as applicable); Landlord will consider negotiable tenant improvements, subject to transaction terms
(302) 740-7070 Call to check price and availability
More about this property
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