Renovated Furnished Office
4051 Ogletown Stanton Rd, Newark, DE 19713
For Sale
Contact for pricing
Furnished office units with private offices, conference rooms, and 24-hour building access.
Property Size46,296 SF
Days on Market51
Property Features for 4051 Ogletown Stanton Rd
General Information
Standard status
Size
Class
Elevators
Property subtype
Lease Term
Space & Availability
Floor
Furnished
Additional Details
Highway Access
Amenities
private offices
conference rooms
break room
24-hour access
Building Details
Building Size
Year Built
Properties For Sale
at 4051 Ogletown Stanton Rd
3rd Floor
Size
22,237 SF
Term
Negotiable
Listing Agency:
LMT Commercial Realty / CORFAC International
Listed By:
Chris Moore, CCIM
(302) 414-1000
Source:
Lmtcre
Added: Sep 18
Changed: Nov 4
Last Checked: Nov 6 at 7:42AM
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
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Investment Insights
Based on property information with market context.
Renovated less than two years ago, this furnished office offering is configured with private offices, conference rooms, and a break room. The suites are available through a flexible sublease structure, with options to occupy the full floor or select from suggested layouts. The property is located in the professionally managed Sabre Building, a Class B office property with elevator service, ample parking, and 24-hour access.
At 4051 Ogletown Stanton Rd in Newark, the building is positioned near Christiana Hospital, I-95, the University of Delaware, and major retail corridors. The New Castle County setting provides access to the surrounding medical and professional-services area while remaining outside downtown Wilmington and the University of Delaware area. Lease terms are structured as modified gross, net of electric and janitorial services.
At 4051 Ogletown Stanton Rd in Newark, the building is positioned near Christiana Hospital, I-95, the University of Delaware, and major retail corridors. The New Castle County setting provides access to the surrounding medical and professional-services area while remaining outside downtown Wilmington and the University of Delaware area. Lease terms are structured as modified gross, net of electric and janitorial services.
Key Highlights
- Renovated less than two years ago
- Furnished suites with private offices, conference rooms, and break room
- Flexible sublease options for the full floor or selected layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$630,579
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,611,580
$12.6M
Cap Rate 7%
$9,008,271
$9.0M
Cap Rate 9%
$7,006,433
$7.0M
Market Conditions
NOI Build-Up for 46,296 SF
Gross rent
$1.04M $22.56/SF
− Vacancy
−$203.7K −$4.40/SF
EGI
$840.8K $18.16/SF
− OpEx
−$210.2K −$4.54/SF
NOI
$630.6K $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%
$12,611,580
Cap Rate 7%
$9,008,271
Cap Rate 9%
$7,006,433
Alternative Uses
Best Use
Office B
$9.01M
$7.88M – $10.51M
NOI $630,579 @ 7.0% cap · market cap 2,522,316.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.07M
$9.69M – $12.92M
NOI $775,151 @ 7.0% cap · market cap 3,100,604.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
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Business Placement
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
$267,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in New Castle County, DE
Properties on Market for Office Units in New Castle County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Furnished office units with private offices, conference rooms, and 24-hour building access.
Where is this office unit located?
The property is located at 4051 Ogletown Stanton Rd Newark, DE.
What are key features of this property?
This property features: Renovated less than two years ago; Furnished suites with private offices, conference rooms, and break room; Flexible sublease options for the full floor or selected layouts
