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Large Office Building with New HVAC
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503 Carr Rd, Wilmington, DE 19809

Multiple large office buildings offer efficient floor plates with new tenant and common area finishes, plus new HVAC systems.

Property Size2,098 SF
Days on Market1232

Property Features for 503 Carr Rd

General Information

Standard status Active
Size 2,098 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: CBRE | Wilmington
Listed By: John S Kaczowka · License #RS-0014330
Source: Moodyscre
Added: Mar 17, 2023 Changed: Jul 28 Last Checked: Jul 29 at 3:33PM

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 CBRE | Wilmington

Investment Insights

Based on property information with market context.

This offering includes (3) +/- 70,000 SF office buildings presented with all new tenant and common area finishes. The buildings also feature large, efficient floor plates and new HVAC systems to support modern, plug-in occupancy.

The property is positioned with dominant presence on I-95, within a park-like setting. Located at 503 Carr Rd in Wilmington, DE 19809, the campus-style configuration provides multiple building options while maintaining consistent upgrades across shared and tenant areas.

For tenants and brokers evaluating operating needs, the combination of efficient floor plates, newly refreshed interiors, and updated HVAC systems is designed to reduce near-term capital concerns and support straightforward interior planning.

Key Highlights

  • Multiple large office buildings totaling about 70,000 SF
  • Dominant presence on I‑95
  • Large, efficient floor plates

Property Analytics

Current Use

Ricoh Business Solutions Fax Service Noramco Inc Factory AIG Federal Savings ... Bank SPI Pharma, Inc. Factory State of Delaware - Department ... Government Office

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store Building Supply Auto Repair Shop Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 19809, DE

14,658
Population
6,531
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
2,156
Density / Sq Mi
$85,988
Median Household Income
$56,266
Median Earnings
$1,373
Median Rent
$308,900
Median Home Value

Market

Lease Benchmarks for Wilmington, DE

$24.63 /SF/Yr
Avg Asking Price
$19–$33 /SF/Yr
Price Range
32,124 SF
Avg Space Size

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 building - Multiple large office buildings offer efficient floor plates with new tenant and common area finishes, plus new HVAC systems.
Where is this office building located?
The property is located at 503 Carr Rd Wilmington, DE.
What are key features of this property?
This property features: Multiple large office buildings totaling about 70,000 SF; Dominant presence on I‑95; Large, efficient floor plates
(302) 584-4441 Call to check price and availability
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