Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Professional Office Suite For Lease Title is generated by Realmo AI

    17527 NASSAU COMMONS Blvd 109, Lewes, DE 19958

    View on Map
    Claim this Listing
    For Lease
    $1,100/Mo $44 SF/Yr (calc)

    Executive office suite in Lewes, utilities included.

    Type:Commercial
    Property size:
    300 SF
    Added:
    May 15, 2026
    Days on Market:
    14
    Last Refresh:
    May 15 at 3:11 pm

    Property Features for 17527 NASSAU COMMONS Blvd 109

    General Information

    Standard status
    Active
    Size
    300 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Andrew Ratner

    Listing agent Andrew Ratner License #RB-0002872

    Listing office Berkshire Hathaway HomeServices PenFed Realty

    Listing date May 15, 2026

    Source Elliman

    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 Berkshire Hathaway HomeServices PenFed Realty

    HighLights

    • Excellent location off Route 1/9 in Lewes
    • CAM and utilities included in lease
    • Features built‑in desk and cabinetry
    • First‑floor office suite
    • Shared conference room and break room available
    • Suitable for professional office use

    Overview

    An "Executive" office suite is available for lease, suitable for professional office use. Located on the first floor, the office measures 15' x 20' and features built-in desk and cabinetry. The lease includes CAM and utilities. Shared amenities include a conference room and a break room. The property is situated in an excellent location off of Route 1/9 in Lewes. The bike score is 50, indicating bikeable conditions, and the walk score is 32, suggesting car-dependent accessibility.
    Location Intelligence

    Current Use by Public Records

    Gordon's Inc (Bike/Boat/Book/etc) Store Techno Goober Marketing & Advertising Law Office of Virginia ... Law Firm Parkway Law Law Firm LifeWork Bookkeeping Solutions Accounting Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewes
    County
    Sussex
    State
    Delaware
    Longitude
    -75.1857636
    Latitude
    38.746844

    Nearby Similar for Lease

    • $1,100/Mo
      300 SF

      Professional Office Suite in Lewes

      Executive office suite for lease in excellent Lewes location.
      17527 NASSAU COMMONS Boulevard, LEWES, DE 19958
      View Details
    • $20 SF/Yr

      Lewes Office/Flex Space Available

      Professional office/flex space in Lewes, DE, ideal for various uses.
      32191 NASSAU Road, LEWES, DE 19958
      View Details
    • $22 SF/Yr

      Versatile Lewes Commercial Space Available

      Adaptable 1,962 SF commercial space in Lewes, Delaware.
      32191 NASSAU Road, LEWES, DE 19958
      View Details
    • $23 SF/Yr

      Versatile Office Space For Rent

      Professional office space ideal for medical, executive, or other uses.
      16529 N COASTAL Hwy, Lewes, DE 19958
      View Details
    • $575/Mo

      Retail Space in Nassau Commons

      Retail space available for rent in Lewes, Delaware.
      17527 Nassau Commons Blvd #209, Lewes, DE 19958
      View Details
    • $525/Mo

      Retail Space in Nassau Commons

      Retail space available for rent in Lewes, Delaware.
      17527 Nassau Commons Blvd #113, Lewes, DE 19958
      View Details
    • $1,500/Mo

      Retail Space For Rent

      Retail space available for rent in Lewes, Delaware.
      17577 Nassau Commons Blvd #206, Lewes, DE 19958
      View Details
    • $6,000/Mo

      Retail Space For Rent

      Retail space available for lease in Lewes, Delaware.
      17503 Nassau Commons Blvd, Lewes, DE 19958
      View Details
    • $4,000/Mo

      Retail Space in Nassau Commons

      Retail space for rent in Lewes, Delaware.
      17569 Nassau Commons Blvd, Lewes, DE 19958
      View Details
    • $25 SF/Yr
      6,340 SF

      Lewes Office Building on Highway

      Professional office building with direct highway frontage in Lewes, DE.
      18344 Coastal Hwy, Lewes, DE
      View Details

    FAQs

    What type of property is this?
    Office units - Executive office suite in Lewes, utilities included.
    Where is this office units located?
    The property is located at 17527 NASSAU COMMONS Blvd 109 Lewes, DE.
    What is the lease rate?
    The lease rate is $1,100 /Mo.
    What are key features of this property?
    This property features: Excellent location off Route 1/9 in Lewes; CAM and utilities included in lease; Features built‑in desk and cabinetry
    (302) 745-9659
    We can help!
    Listing Contact
    Andrew Ratner
    Real Estate License ID: RB-0002872
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17527 NASSAU COMMONS Blvd 109, Lewes, DE 19958
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!