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Renovated Office Buildings with HVAC
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503 Carr Rd, Wilmington, DE 19809

Three office buildings totaling approximately 70,000 SF, with new tenant finishes, new common areas, and new HVAC systems.

Space SizeContact for details
Property Size2,865 SF
Days on Market248

Property Features for 503 Carr Rd

General Information

Standard status Active
Size 2,865 SF
Property subtype OFFICE

Additional Details

Space Use Office
Highway Access Yes
Listing Agency: CBRE | Wilmington
Listed By: John S Kaczowka · License #01147823
Source: Moodyscre
Added: Dec 2, 2025 Changed: Jul 29 Last Checked: Aug 6 at 8:50AM

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.

The offering consists of three office buildings totaling approximately 70,000 SF. The property is undergoing upgrades that include new tenant finishes and new common area finishes throughout, along with all-new HVAC systems. Floor plates are described as large and efficient, supporting a straightforward fit-out and flexible space planning.

The campus is positioned for visibility and access associated with a dominant presence on I-95, and the setting is described as park-like.

Overall, this is a renovated office campus with updated mechanical systems and efficient floor plates across multiple buildings.

Key Highlights

  • Three office buildings totaling approximately 70,000 SF
  • Dominant presence on I‑95
  • All new tenant and common area finishes

Property Analytics

Current Use

Ricoh Business Solutions Business To Business Service Noramco Inc Factory AIG Federal Savings ... Bank SPI Pharma, Inc. Factory State of Delaware - Department ... Government Office

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store Building Supply Auto Repair Shop Real Estate Agency

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 19809, DE

14,658
Population
6,531
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
2,156
Density / Sq Mi
$85,988
Median Household Income
$56,266
Median Earnings
$1,373
Median Rent
$308,900
Median Home Value

Market

Lease Benchmarks for Wilmington, DE

$24.63 /SF/Yr
Avg Asking Price
$19–$33 /SF/Yr
Price Range
26,607 SF
Avg Space Size

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 - Three office buildings totaling approximately 70,000 SF, with new tenant finishes, new common areas, and new HVAC systems.
Where is this office building located?
The property is located at 503 Carr Rd Wilmington, DE.
What are key features of this property?
This property features: Three office buildings totaling approximately 70,000 SF; Dominant presence on I‑95; All new tenant and common area finishes
(302) 584-4441 Call to check price and availability
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