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High-Visibility Office Space Available
For Lease
$19 SF/Yr

3200 Concord Pike, Wilmington, DE 19803

Turnkey office space for lease on a high-visibility corridor.

Space SizeContact for details
Days on Market139

Property Features for 3200 Concord Pike

General Information

Standard status Active

Building Details

Year Built 1975
Listing Agency: Foraker Realty Co.
Listed By: Brian D. Foraker · License #RS0024136
Source: Kandorre
Added: Apr 14 Changed: Aug 23 Last Checked: Aug 29 at 11:37AM

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 Foraker Realty Co.

Investment Insights

Based on property information with market context.

A fully built-out one- to two-story office building is available for lease on a high-visibility corridor with approximately 150,000 vehicles per day. The tenant has the option to lease the first floor, which offers 4,000 square feet, the second floor, which provides 4,500 square feet, or a combination of both floors, totaling 8,500 square feet. The property features a shared lobby with a real estate brokerage projected to close 500 to 800 transactions in 2025. The turnkey fit-out includes private offices, conference rooms, open workstations, data cabling, and HVAC. The property offers prominent frontage with signage and easy ingress and egress. Immediate occupancy is available. The second floor is accessible by stairs only.

Key Highlights

  • High‑visibility location on Delaware corridor with ±150,000 vehicles per day (VPD).
  • Turnkey fit‑out including private offices, conference rooms, open workstations, data cabling & HVAC.
  • Flexible leasing options: 1st floor (4,000 SF), 2nd floor (4,500 SF), or both (8,500 SF).

Property Analytics

Current Use

Woloshin Lynch Natalie ... Law Firm Woloshin Lynch & Associates Law Firm O'Day Jr William ... Law Firm Tenenbaum Joel D Law Firm Brady William P Law Firm

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Hair Salon Building Supply Grocery & Convenience Store Electrical 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

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby

Demographics for 19803, DE

21,886
Population
8,900
Households
2.5
Avg Household Size
47
Median Age
61%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
1,723
Density / Sq Mi
$133,941
Median Household Income
$73,611
Median Earnings
$1,736
Median Rent
$436,200
Median Home Value

Market

Lease Benchmarks for Wilmington, DE

$24.63 /SF/Yr
Avg Asking Price
$19–$33 /SF/Yr
Price Range
27,718 SF
Avg Space Size

This space is priced 23% below the average of $24.63 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Turnkey office space for lease on a high-visibility corridor.
Where is this office building located?
The property is located at 3200 Concord Pike Wilmington, DE.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on Delaware corridor with ±150,000 vehicles per day (VPD).; Turnkey fit‑out including private offices, conference rooms, open workstations, data cabling & HVAC.; Flexible leasing options: 1st floor (4,000 SF), 2nd floor (4,500 SF), or both (8,500 SF).
More about this property
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