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Office Building with New HVAC
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505 Carr Rd, Wilmington, DE 19809

Multiple office buildings offer large, efficient floor plates with all new HVAC and refreshed common and tenant finishes.

Property Size4,075 SF
Days on Market1266

Property Features for 505 Carr Rd

General Information

Standard status Active
Size 4,075 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Amenities

park-like setting
Listing Agency: CBRE | Wilmington
Listed By: John S Kaczowka · License #RS-0014330
Source: Moodyscre
Added: Feb 10, 2023 Changed: Jul 28 Last Checked: Jul 29 at 4:04PM

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.

This offering includes (3)+/- 70,000 square feet of office buildings, designed with large, efficient floor plates and an emphasis on fresh interior presentation. The property features all new tenant and common area finishes, along with all new HVAC systems.

The campus has a park-like setting and a dominant presence on I-95, supporting easy visibility and straightforward access for business use.

With refreshed building systems and modernized finishes across the buildings, the space is positioned for occupants seeking efficient layouts within a multi-building office environment.

Key Highlights

  • Multiple office buildings totaling about 70,000 SF
  • Dominant presence on I‑95
  • All new HVAC systems

Property Analytics

Current Use

Xerox Of Nyc/Philly Metro Computer & Electronic Repair ONLC Training Centers Vocational School Wells Fargo Private ... Financial Advisor SunnyMac Solar Solar Energy Company

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
Yes
Paved road 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
32,124 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 - Multiple office buildings offer large, efficient floor plates with all new HVAC and refreshed common and tenant finishes.
Where is this office building located?
The property is located at 505 Carr Rd Wilmington, DE.
What are key features of this property?
This property features: Multiple office buildings totaling about 70,000 SF; Dominant presence on I‑95; All new HVAC systems
(302) 584-4441 Call to check price and availability
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