Office Units with Off-Street
For Lease
$17.50 SF/Yr
261 E Main St, Newark, DE 19711
Office space offers access to nearby shops, restaurants, services, and the University of Delaware campus.
Space Size5,000 SF
Days on Market69
Property Features for 261 E Main St
General Information
Standard status
Active
Size
5,000 SF
Net Rentable
1,600 SF
Class
B
Total Parking Spaces
3
Property subtype
Office
Lease Term
MG
Space & Availability
Available Space
1,600-2,500 SF
Space Use
Office
Building Details
Building Size
5,000 SF
Year Built
1987
Spaces For Lease
at 261 E Main St Contact us- Size
- 5,000 SF
- Term
- Negotiable
263 East Main Street $17.50/SF/Yr
Listing Agency:
LMT Commercial Realty / CORFAC International
(302) 414-1000
Listed By:
Chris Moore, CCIM
(302) 414-1000
Source:
Lmtcre
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 2:59PM
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.
Office units ranging from approximately 1,600 to 2,500 SF are available within a building constructed in 1987. The space is positioned for professional office, medical, retail, and service-oriented uses, with three off-street parking spaces located behind the building.
The property fronts East Main Street in Newark along a heavily traveled corridor with vehicle and pedestrian activity. Local shops, restaurants, and services are nearby, while the University of Delaware campus is also within close proximity. Additional parking spaces are available separately.
The property fronts East Main Street in Newark along a heavily traveled corridor with vehicle and pedestrian activity. Local shops, restaurants, and services are nearby, while the University of Delaware campus is also within close proximity. Additional parking spaces are available separately.
Key Highlights
- Approximately 1,600–2,500 SF of office space available
- Three off‑street parking spaces behind the building
- Located on East Main Street in Newark
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Newark, DE
$16.33 /SF/Yr
Avg Asking Price
$6.65–$25 /SF/Yr
Price Range
5,186 SF
Avg Space Size
This space is priced 7% above the average of $16.33 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space offers access to nearby shops, restaurants, services, and the University of Delaware campus.
Where is this office units located?
The property is located at 261 E Main St 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: Approximately 1,600–2,500 SF of office space available; Three off‑street parking spaces behind the building; Located on East Main Street in Newark
