Managed Coworking
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For Sale
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2706 KIRKWOOD HIGHWAY, Wilmington, DE 19805
A secured, monitored workplace offers private offices, shared desks, meeting space, and business support services.
Property Size100 SF
Price / SF$5
Days on Market4
Property Features for 2706 KIRKWOOD HIGHWAY
General Information
Standard status
Active
Size
100 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
large conference room
private offices
open and secured desk space
copy and postage center
lounge
coffee station
internet services
secured and monitored building
Building Details
Year Built
1920
Listing Agency:
Meyer & Meyer Realty
(302) 994-9600
Listed By:
Peter Meyer · License #RB-0003304
(302) 218-2790
Source:
Cummingsrealtors
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 4:37PM
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 Meyer & Meyer Realty
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Investment Insights
Based on property information with market context.
This coworking space includes private offices, open and secured desk areas, a large conference room, and a copy and postage center. A lounge, coffee station, and internet service are also available. The building is secured and monitored, and Regus manages the site.
The full-service lease includes CAM, utilities, internet, security, management, and support services. Flexible workspace options include private offices, desk space, and virtual offices. The building dates to 1920, and average traffic on Kirkwood Highway is 32,000 cars per day.
The full-service lease includes CAM, utilities, internet, security, management, and support services. Flexible workspace options include private offices, desk space, and virtual offices. The building dates to 1920, and average traffic on Kirkwood Highway is 32,000 cars per day.
Key Highlights
- Regus‑managed coworking space
- Private offices, open and secured desks, and a large conference room
- Copy and postage center, lounge, coffee station, and internet service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,362
Suggested Prices Based on Cap Rates
Cap Rate 5%
$27,240
$27.2K
Cap Rate 7%
$19,457
$19.5K
Cap Rate 9%
$15,133
$15.1K
Market Conditions
NOI Build-Up for 100 SF
Gross rent
$2.3K $22.56/SF
− Vacancy
−$440 −$4.40/SF
EGI
$1.8K $18.16/SF
− OpEx
−$454 −$4.54/SF
NOI
$1.4K $13.62/SF
Area
New Castle County, DE
Vacancy
19.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$27,240
Cap Rate 7%
$19,457
Cap Rate 9%
$15,133
Alternative Uses
Best Use
Office B
$19.5K
$17.0K – $22.7K
NOI $1,362 @ 7.0% cap · market cap 272.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.9K
$20.9K – $27.9K
NOI $1,674 @ 7.0% cap · market cap 334.80%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 19805, DE
39,985
Population
17,281
Households
2.3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
7,270
Density / Sq Mi
$56,708
Median Household Income
$38,043
Median Earnings
$1,203
Median Rent
$220,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - A secured, monitored workplace offers private offices, shared desks, meeting space, and business support services.
Where is this coworking space located?
The property is located at 2706 KIRKWOOD HIGHWAY Wilmington, DE.
What are key features of this property?
This property features: Regus‑managed coworking space; Private offices, open and secured desks, and a large conference room; Copy and postage center, lounge, coffee station, and internet service
