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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
Property Size29,750 SF
Lot Size350.00 Acres
Days on Market58

Property Features for 211 Lake Dr

General Information

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

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Building Size 29,750 SF
Tenancy Single

Spaces For Lease

at 211 Lake Dr Contact us

Suite A

Size
15,460 SF
Type
Industrial, Office
Availability
Active
Contact us
Listing Agency: NAI Emory Hill Real Estate Services, Inc.
Listed By: Tim Plemmons · License #DE RS-0024026
Source: Crexi
Added: Jun 15 Changed: Aug 8 Last Checked: Aug 11 at 3:17PM

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 Real Estate Services, Inc.

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

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

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
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Questions? Ask Rey
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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.
More about this property
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