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Flex Space with Loading Access
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618 Grantham Ln, New Castle, DE 19720

Industrial space includes loading access, a small office, restrooms, and heavy electrical service.

Space Size27,000 SF
Days on Market158

Property Features for 618 Grantham Ln

General Information

Standard status Active
Size 27,000 SF
Property subtype Industrial
Lease Type Modified Gross

Site & Location

Highway Access Yes
Fenced Yard Yes

Warehouse & Industrial

Clear Height 16 ft
Dock-High Doors 2
Drive-In Doors 1
Power 12,000 amps
Voltage 480 V
Three-Phase Power Yes
Heavy Power Yes

Additional Details

Space Use Flex

Amenities

24-hour access

Building Details

Tenancy Single

Spaces For Lease

at 618 Grantham Ln Contact us

Available Space $9.50/SF/Yr

Size
27,000 SF
Type
Industrial
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: NAI Emory Hill Real Estate Services, Inc.
Listed By: Tim Plemmons · License #DE RS-0024026
Source: Crexi
Added: Mar 27 Changed: Aug 30 Last Checked: Aug 30 at 9:38AM

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 NAI Emory Hill Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This flex-space property at 618 Grantham Ln in New Castle, Delaware, provides a warehouse-oriented layout with two docks and one drive-in door. The improvements include a small office, two restrooms, a 16-foot clear height, and heavy 12,000amps/480v 3p power. A recently installed roof and LED lighting support the building’s functional setup.

The property offers 24-hour access, a fenced lot, and waterfront positioning. Its New Castle location provides access to major highways, supporting warehouse, distribution, and light manufacturing operations. The site is also identified as Riverview Industrial Park and is available for rent.

Key Highlights

  • Two docks and one drive‑in door
  • 16' clear height for warehouse operations
  • 12,000amps/480v 3p heavy power

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Parking Lot & Garage HVAC Service Hair Salon Pharmacy Storage Facility

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

16 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19720, DE

61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
Median Home Value

Market

Lease Benchmarks for New Castle, DE

$14.08 /SF/Yr
Avg Asking Price
$12.5–$18 /SF/Yr
Price Range
11,163 SF
Avg Space Size

This space is priced 33% below the average of $14.08 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial space includes loading access, a small office, restrooms, and heavy electrical service.
Where is this flex space located?
The property is located at 618 Grantham Ln New Castle, DE.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: Two docks and one drive‑in door; 16' clear height for warehouse operations; 12,000amps/480v 3p heavy power
More about this property
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