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Class A Four-Story Office Building
For Lease
Contact for pricing

651 N Broad St, Middletown, DE 19709

Suites range from 1,200 SF up to 25,000+ SF within Middletown Square, with free on-site surface parking.

Space Size4,040 SF
Days on Market1359

Property Features for 651 N Broad St

General Information

Standard status Active
Size 4,040 SF
Property subtype OFFICE

Spaces For Lease

at 651 N Broad St
651 N Broad St AVAILABLE, Now
Floor 3
Size 4,040 SF
Type OFFICE
Rate Contact for pricing
Lease Type MODIFIED_GROSS
Sublease No
- Middletown Square Business park is currently comprised of one existing office building (651 N Broad Street) which has suites available from 1,200 SF to over 25,000 SF. - The second proposed / approved 67,790 SF building (691 N Broad Street) will be located immediately north of 651 N Broad Street and the Landlord is currently looking for a tenant to kick this building off. - 67,799 SF four-story Class A office building - Located in the heart of growing Middletown, Delaware - Free on-site surface parking - Build to suit opportunity up to 67,790 SF available - Landlord is currently looking for a lead tenant to kick this new building off.
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Listing Agency: Pettinaro Management, LLC
Listed By: Matt Guers
Source: Moodyscre
Added: Feb 9, 2023 Changed: Oct 25 Last Checked: Oct 28 at 11:07AM

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 Pettinaro Management, LLC

Rey
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Investment Insights

Based on property information with market context.

Middletown Square Business Park includes an existing office building at 651 N Broad Street with available suites ranging from 1,200 SF to over 25,000 SF. A second approved building at 691 N Broad Street is also planned, with up to 67,790 SF available as a build-to-suit opportunity.

The planned building is described as a 67,799 SF, four-story Class A office facility located immediately north of the existing 651 N Broad Street building. The park offers free on-site surface parking, and the landlord is seeking a lead tenant to begin the new building.

Tenants and investors can consider both the currently available suite options in the existing building and the ability to tailor space within the approved second structure up to the stated size.

Key Highlights

  • Middletown Square business park includes 651 N Broad Street with available office suites ranging from 1,200 SF up to 25,000+ SF
  • Free on‑site surface parking available for tenants
  • A second 67,790 SF four‑story Class A office building at 691 N Broad Street is proposed/approved and located immediately north of 651 N Broad Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GB Tech Inc (Bike/Boat/Book/etc) Store Kit's Marine Survey Marine Surveyor Bam Boom Cloud ... Accounting Software Company Middletown Area Chamber ... Business Service Center Cloudoon (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Storage Facility Parking Lot & Garage Grocery & Convenience Store Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby

Demographics for 19709, DE

49,599
Population
17,819
Households
2.8
Avg Household Size
39
Median Age
49%
College-Educated
96%
High-School Grad
77.6 sq mi
ZIP Area
639
Density / Sq Mi
$129,971
Median Household Income
$69,505
Median Earnings
$1,571
Median Rent
$444,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Suites range from 1,200 SF up to 25,000+ SF within Middletown Square, with free on-site surface parking.
Where is this office building located?
The property is located at 651 N Broad St Middletown, DE.
What are key features of this property?
This property features: Middletown Square business park includes 651 N Broad Street with available office suites ranging from 1,200 SF up to 25,000+ SF; Free on‑site surface parking available for tenants; A second 67,790 SF four‑story Class A office building at 691 N Broad Street is proposed/approved and located immediately north of 651 N Broad Street
(609) 605-1843 · Office Call to check price and availability
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