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Renovated Office Campus with Parking
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4041 Ogletown Rd, Newark, DE 19713

Renovated office space includes a five-story parking garage and surface parking for up to 799 vehicles.

Property Size97,878 SF
Lot Size4.65 Acres
Days on Market987

Property Features for 4041 Ogletown Rd

General Information

Standard status Active
Size 97,878 SF
Total Parking Spaces 799
Lot size 4.65 Acres
Property subtype OFFICE
Zoning CR

Amenities

large conference center
grab & go cafeteria
public transportation
Listing Agency: CBRE | Wilmington
Listed By: John S Kaczowka
Source: Moodyscre
Added: Nov 16, 2023 Changed: Jul 25 Last Checked: Jul 29 at 3:34PM

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 CBRE | Wilmington

Investment Insights

Based on property information with market context.

4041 Ogletown Road offers 97,878 rentable square feet of magnificently renovated interior office space, complemented by a five-story parking garage and surface parking. The campus also includes a large conference center and a grab & go cafeteria, supported by public transportation access.

The property is zoned CR (Commercial Regional) and encompasses 4.65 acres. Numerous hotels, restaurants, and retail shops are located within one mile.

On-site parking capacity is 799 vehicles, calculated at approximately 8.16 spaces per 1,000 square feet of rentable area.

Key Highlights

  • 97,878 rentable SF of renovated interior space
  • Five‑story parking garage plus surface parking for up to 799 vehicles (8.16 per 1,000 SF)
  • 4.65 acres zoned CR (Commercial Regional)

Property Analytics

Current Use

JP Morgan Chase Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store

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

1,399
Businesses Nearby

Demographics for 19713, DE

31,867
Population
12,803
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$72,850
Median Household Income
$42,557
Median Earnings
$1,293
Median Rent
$267,500
Median Home Value

Market

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 building - Renovated office space includes a five-story parking garage and surface parking for up to 799 vehicles.
Where is this office building located?
The property is located at 4041 Ogletown Rd Newark, DE.
What are key features of this property?
This property features: 97,878 rentable SF of renovated interior space; Five‑story parking garage plus surface parking for up to 799 vehicles (8.16 per 1,000 SF); 4.65 acres zoned CR (Commercial Regional)
(302) 584-4441 Call to check price and availability
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