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Light Industrial Warehouse Buildings
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31-47 Reads Way, New Castle, DE 19720

Single-story warehouse buildings offer loading access, optional conditioned space, and areas for industrial outdoor storage.

Space Size9,585 SF - 29,651 SF
Lot Size11.90 Acres
Days on Market47

Property Features for 31-47 Reads Way

General Information

Standard status Active
Size 9,585 SF - 29,651 SF
Net Rentable 9,585 SF
Class B
Total Parking Spaces 450
Lot size 11.90 Acres
Property subtype industrial

Space & Availability

Available Space 9,585-29,651 SF
Space Use Industrial

Site & Location

Highway Access Yes
Outdoor Storage Yes

Additional Details

Clear Height 17 ft

Building Details

Buildings 2
Stories 1

Spaces For Lease

at 31-47 Reads Way Contact us

Available Space

Suite
31 Reads Way
Floor
1st
Size
9,585-29,651 SF
Type
Industrial
Term
3 - 15 Years
Availability
30 Days
Contact us

Available Space

Suite
47 Reads Way
Floor
1st
Size
9,635 SF
Type
Industrial
Term
3 - 15 Years
Availability
30 Days
Contact us
Listing Agency: Wilmington
Listed By: Blaise Fletcher · License #RB-0020257
Source: Property.jll
Added: Jul 16 Changed: Aug 29 Last Checked: Aug 30 at 1:07PM

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 Wilmington

Investment Insights

Based on property information with market context.

This lease offering includes two single-story light industrial warehouse buildings totaling 9,585 - 29,651 SF of available space on 11.9 acres. The buildings feature 17’ ceilings, more than 20 loading docks, and fully conditioned space in select suites. Significant on-site parking and designated areas for industrial outdoor storage are also available.

The property is adjacent to Wilmington Airport and provides access to I-95, I-495, I-295, U.S. 13, and S.R. 1. With a range of suite sizes and loading infrastructure, the buildings accommodate a variety of light industrial operations while maintaining convenient regional connectivity.

Key Highlights

  • 9,585 - 29,651 SF of available warehouse space
  • Two single‑story light industrial buildings on 11.9 acres
  • 20+ loading docks and 17’ ceilings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Pharmacy Kitchen & Bath Showroom Dental Office Garden Center HVAC Service

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

17 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19720, DE

61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
Median Home Value

Market

Lease Benchmarks for New Castle, DE

$10.8 /SF/Yr
Avg Asking Price
$7.5–$14 /SF/Yr
Price Range
130,475 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Storage Rentals of America 2 Bellecor Dr, Wilmington Manor, DE 19720, United States
  • ParkMyFleet PHL-S 435 Old Airport Rd, New Castle, DE 19720

Frequently Asked Questions

What type of property is this?
Warehouse - Single-story warehouse buildings offer loading access, optional conditioned space, and areas for industrial outdoor storage.
Where is this warehouse located?
The property is located at 31-47 Reads Way New Castle, DE.
What are key features of this property?
This property features: 9,585 - 29,651 SF of available warehouse space; Two single‑story light industrial buildings on 11.9 acres; 20+ loading docks and 17’ ceilings
More about this property
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