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Class A Office Building Suites
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651 N Broad St, Middletown, DE 19709

Office suites are available in an existing Middletown Square building, with options from 1,200 SF up to 25,000+ SF.

Space Size2,846 SF
Days on Market1364

Property Features for 651 N Broad St

General Information

Standard status Active
Size 2,846 SF
Property subtype OFFICE

Amenities

free on-site surface parking

Building Details

Tenancy Multi

Spaces For Lease

at 651 N Broad St
651 N Broad St AVAILABLE, Now
Floor 4
Size 2,846 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: Nov 3 at 8:29AM

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. In addition to the existing building’s availability, a second four-story Class A office building of approximately 67,790 SF has been proposed and is currently approved to be located immediately north of 651 N Broad Street, and the landlord is seeking a lead tenant to launch the new development.

The property is described as being in the heart of growing Middletown, Delaware, and it offers free on-site surface parking.

Tenants seeking more flexibility may consider build-to-suit space up to approximately 67,790 SF, subject to landlord requirements.

Key Highlights

  • 651 N Broad Street offers office suites ranging from 1,200 SF to over 25,000 SF in Middletown Square Business Park
  • 67,799 SF four‑story Class A office building proposed/approved at 691 N Broad Street, immediately north of 651 N Broad Street
  • Build‑to‑suit opportunity up to 67,790 SF available for 691 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

Multi-tenant
Tenancy
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 unit - Office suites are available in an existing Middletown Square building, with options from 1,200 SF up to 25,000+ SF.
Where is this office unit located?
The property is located at 651 N Broad St Middletown, DE.
What are key features of this property?
This property features: 651 N Broad Street offers office suites ranging from 1,200 SF to over 25,000 SF in Middletown Square Business Park; 67,799 SF four‑story Class A office building proposed/approved at 691 N Broad Street, immediately north of 651 N Broad Street; Build‑to‑suit opportunity up to 67,790 SF available for 691 N Broad Street
(609) 605-1843 · Office Call to check price and availability
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