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Class A Office Units
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2505 Pennsylvania Ave, Wilmington, DE 19806

Class A office space at a corner location, with historic renovation and interior construction targeted within 18 months.

Space Size7,691 SF
Days on Market1271

Property Features for 2505 Pennsylvania Ave

General Information

Standard status Active
Size 7,691 SF
Net Rentable 6,500 SF
Class A
Property subtype OFFICE

Space & Availability

Available Space 6,500-31,000 SF
Space Use Office

Spaces For Lease

at 2505 Pennsylvania Ave Contact us

2505 Pennsylvania Ave

Floor
1
Size
7,691 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- 6,500 - 31,000 s.f. of Class “A” office space - Historic renovation & new office...
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Listing Agency: JLL | Wilmington
Listed By: Jamie Vari · License #RS-0020915
Source: Moodyscre
Added: Feb 15, 2023 Changed: Aug 8 Last Checked: Aug 9 at 1:17PM

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 JLL | Wilmington

Investment Insights

Based on property information with market context.

Class A office units offering 6,500 to 31,000 s.f. of space, with the building supporting historic renovation alongside new office space. The property size is listed as 7,691 SF.

The space is located at the corner of Pennsylvania and Greenville Avenues in Wilmington, Delaware. Renovations and interior construction can be completed within 18 months following lease execution.

For tenants evaluating office space that may require renovation planning, the timeline and ability to complete interior construction post-lease are key considerations reflected in the lease-execution schedule.

Key Highlights

  • 6,500 to 31,000 s.f. of Class A office space
  • Property size listed as 7,691 SF
  • Historic renovation plus new office space

Property Analytics

Current Use

Gibraltar (Hugh Rodney ... Tour Operator

Suggested Use

Top Pick Storage Facility Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Locksmith

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

2,733
Businesses Nearby

Demographics for 19806, DE

10,083
Population
6,638
Households
1.5
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
1.7 sq mi
ZIP Area
5,931
Density / Sq Mi
$86,240
Median Household Income
$76,246
Median Earnings
$1,329
Median Rent
$370,500
Median Home Value

Market

Lease Benchmarks for Wilmington, DE

$17.01 /SF/Yr
Avg Asking Price
$10.34–$25 /SF/Yr
Price Range
7,825 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 units - Class A office space at a corner location, with historic renovation and interior construction targeted within 18 months.
Where is this office units located?
The property is located at 2505 Pennsylvania Ave Wilmington, DE.
What are key features of this property?
This property features: 6,500 to 31,000 s.f. of Class A office space; Property size listed as 7,691 SF; Historic renovation plus new office space
(302) 356-2862 Call to check price and availability
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