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Downtown Office Building with Garage
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222 Delaware Ave, Wilmington, DE 19801

Large office building with ground-floor retail and a 536-vehicle, 6-level parking garage.

Space SizeContact for details
Property Size7,336 SF
Days on Market1275

Property Features for 222 Delaware Ave

General Information

Standard status Active
Size 7,336 SF
Total Parking Spaces 536
Property subtype OFFICE

Amenities

freight elevator
parking garage elevators
Comcast and Verizon voice data cabling
fitness center
conference center
Listing Agency: CBRE | Wilmington
Listed By: John S Kaczowka
Source: Moodyscre
Added: Feb 9, 2023 Changed: Jul 26 Last Checked: Aug 6 at 9:11AM

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 249,799-square-foot office building includes lobby and retail space on the ground floor, with elevator service featuring six destination-dispatch elevators plus one freight elevator and two parking-structure elevators. A six-level parking garage provides parking for up to 536 vehicles.

Recent updates include new elevator systems, a fitness center, a new conference center, and upgrades to common areas and restrooms, along with main lobby improvements. Comcast and Verizon voice/data cabling are in place.

The building also offers a mix of amenities within walking distance, including numerous hotels, restaurants, and coffee shops.

Key Highlights

  • 249,799 SF office building in Downtown Wilmington with a 6‑level, 536‑vehicle parking garage
  • Ground floor features a building lobby plus retail stores
  • 6 destination dispatch elevators, plus 1 freight elevator and 2 parking garage elevators

Property Analytics

Current Use

Dickie, McCamey & Chilcote, ... Law Firm Salmon, Ricchezza, Singer ... Law Firm Gwilym Attwell Law Firm Greenberg Traurig, LLP Law Firm Joseph Warden Law Firm

Suggested Use

Top Pick Bakery HVAC Service Veterinary Clinic Carpet & Flooring Store Pet Grooming Service Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,775
Businesses Nearby

Demographics for 19801, DE

16,219
Population
9,390
Households
1.7
Avg Household Size
34
Median Age
26%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
3,686
Density / Sq Mi
$44,505
Median Household Income
$36,684
Median Earnings
$1,126
Median Rent
$196,000
Median Home Value

Market

Lease Benchmarks for Wilmington, DE

$24.63 /SF/Yr
Avg Asking Price
$19–$33 /SF/Yr
Price Range
26,607 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 - Large office building with ground-floor retail and a 536-vehicle, 6-level parking garage.
Where is this office building located?
The property is located at 222 Delaware Ave Wilmington, DE.
What are key features of this property?
This property features: 249,799 SF office building in Downtown Wilmington with a 6‑level, 536‑vehicle parking garage; Ground floor features a building lobby plus retail stores; 6 destination dispatch elevators, plus 1 freight elevator and 2 parking garage elevators
(302) 584-4441 Call to check price and availability
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