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Furnished Two-Story Office Building

650 Pencader Drive, Newark, DE 19702

For Lease
Contact for pricing

Furnished, climate-controlled workspace includes a dedicated generator and sprinkler protection.

Space Size200,000 SF
Days on Market37

Property Features for 650 Pencader Drive

General Information

Standard status Active
Size 200,000 SF
Net Rentable 26,374 SF
Property subtype Office

Space & Availability

Available Space 26,374 SF
Contiguous Space 26,374 SF
Space Use Office
Available From Immediate
Furnished Yes

Additional Details

Highway Access Yes
Sprinkler System Yes

Amenities

dedicated 500kW generator
EPDM rubber roof
climate controlled with HVAC

Building Details

Stories 2
Building Size 26,374 SF
Construction steel frame

Spaces For Lease

at 650 Pencader Drive
#1 Active
Size 200,000 SF
Contact us
Listing Agency: McConnell Development Inc
Listed By: Michael McConnell · License DE RB-0031320
Source: Crexi
Added: Oct 5 Changed: Nov 8 Last Checked: Nov 8 at 3:07PM

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 McConnell Development Inc

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This furnished, two-story office building contains 26,374 square feet, with approximately 13,187 square feet on each floor. Building features include a dedicated 500kW generator, an EPDM rubber roof, steel-frame construction with a metal deck, and a full sprinkler system. HVAC serves the office space.

The property is located five minutes from I-95.

Key Highlights

  • 26,374 SF of furnished office space across two floors, with approximately 13,187 SF per floor
  • Dedicated 500kW generator
  • Five minutes from I‑95

Property Analytics

Current Use

Ntirety Business To Business Service WSMDomains Data Center

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon HVAC Service Restaurant Spa & Massage Center

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
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

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

Properties on Market for Office buildings in Newark

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Furnished, climate-controlled workspace includes a dedicated generator and sprinkler protection.
Where is this office building located?
The property is located at 650 Pencader Drive Newark, DE.
What are key features of this property?
This property features: 26,374 SF of furnished office space across two floors, with approximately 13,187 SF per floor; Dedicated 500kW generator; Five minutes from I‑95
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