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High-Visibility Retail Center Space
For Lease
$20 SF/Yr

500-700 Plaza Drive, Newark, DE 19702

Retail spaces in high-traffic Newark shopping center for lease.

Space Size2,000 SF - 6,615 SF
Property Size65,000 SF
Days on Market269

Property Features for 500-700 Plaza Drive

General Information

Standard status Active
Size 2,000 SF - 6,615 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 65,000 SF

Spaces For Lease

at 500-700 Plaza Drive Contact us

Suites 15-16

Size
3,547 SF
Type
Neighborhood Center
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 10A $20/SF/Yr

Size
2,000 SF
Term
Negotiable
Contact us

Suite 17 $20/SF/Yr

Size
6,615 SF
Term
Negotiable
Contact us
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Tyler Foresta · License #RS-0025429
Source: Corfac
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 21 at 4:26AM

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

Investment Insights

Based on property information with market context.

Retail spaces are available for lease within a prominent retail center. The property is situated on Route 896, between I-95 and Route 40, in Newark, DE. The location benefits from high visibility, with a traffic count of approximately 30,353 vehicles per day. The center is accessible from S College Avenue and Four Seasons Parkway. Parking is ample, with an estimated 500 spaces available. A pylon sign provides high exposure for tenants. Current tenants include ShopRite, Walgreens, and Anytime Fitness. The property has a total size of 65000 square feet.

Key Highlights

  • High‑traffic location with 30,353 +/- vehicles passing per day.
  • High‑visibility pylon sign.
  • Ample parking with 500 +/- spaces.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Auto Repair Shop Nail Salon

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19702, DE

55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces in high-traffic Newark shopping center for lease.
Where is this shopping center located?
The property is located at 500-700 Plaza Drive Newark, DE.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with 30,353 +/- vehicles passing per day.; High‑visibility pylon sign.; Ample parking with 500 +/- spaces.
More about this property
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