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Subdividable Retail Storefront Near Campus
For Lease
$17.50 SF/Yr

250 South Main Street, Newark, DE 19711

Up to 7,853 SF subdividable retail space with strong frontage and on-site parking near University of Delaware.

Space Size7,853 SF
Property Size17,000 SF
Days on Market46

Property Features for 250 South Main Street

General Information

Standard status Active
Size 7,853 SF
Property subtype Retail
Lease Term NNN

Additional Details

Highway Access Yes

Building Details

Building Size 17,000 SF

Spaces For Lease

at 250 South Main Street Contact us

250 South Main Street $17.50/SF/Yr

Size
7,853 SF
Term
Negotiable
Contact us
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Joseph Latina, SIOR · License #RS-0025429
Source: Corfac
Added: Jul 9 Changed: Aug 23 Last Checked: Aug 22 at 10:55AM

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.

Retail storefront space is available for lease at 250 W Main St in Newark, DE, offering up to 7,853 +/- SF of subdividable area. Suites can be configured for a minimum of 3,000 +/- SF, providing flexibility for a range of retail and service concepts. The offering is positioned for customer-facing visibility with convenient on-site access and parking.

The property sits near the University of Delaware and is described as being in a high-visibility, student-driven location close to campus dorms and nearby student housing. It is also surrounded by 100 residential units, supporting steady daily activity from the on-site residential base. Main Street Newark and central campus are listed as approximately 3–5 minutes away, and the corridor provides easy access to I-95, Route 273, and Route 4 (approximately 5–10 minutes).

Key Highlights

  • Up to 7,853 +/- SF subdividable retail space available (minimum 3,000 +/- SF) at Rittenhouse Station
  • Located near the University of Delaware (30,000+ students, faculty, and staff) with a built‑in customer base from 100 on‑site residential units
  • Walkable to campus dorms and nearby student housing for consistent foot traffic

Property Analytics

Current Use

Wayback Burgers Restaurant US Marine Corps ... Military Recruiting Office MHC HealthCare Medical Clinic Rittenhouse Station Apartment Building US Navy Enlisted ... Military Recruiting Office

Suggested Use

Top Pick Auto Repair Shop Building Supply Spa & Massage Center Auto Parts Store Hair Salon Dental Office

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 88% Dining 12%
7-Eleven Shops & Services
7,495 visits/mo 0.1 miles
Sunoco Shops & Services
6,276 visits/mo 0.2 miles
Wayback Burgers Dining
1,819 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Up to 7,853 SF subdividable retail space with strong frontage and on-site parking near University of Delaware.
Where is this shopping center located?
The property is located at 250 South Main Street Newark, DE.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Up to 7,853 +/- SF subdividable retail space available (minimum 3,000 +/- SF) at Rittenhouse Station; Located near the University of Delaware (30,000+ students, faculty, and staff) with a built‑in customer base from 100 on‑site residential units; Walkable to campus dorms and nearby student housing for consistent foot traffic
More about this property
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