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Light Industrial Flex Warehouse Space
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701 Cornell Dr, Wilmington, DE

Centrally located warehouses with sizes ranging from 1,500-18,000 SF.

Space Size2,000 SF
Lot Size22.49 Acres
Days on Market682

Property Features for 701 Cornell Dr

General Information

Standard status Active
Size 2,000 SF
Lot size 22.49 Acres
Property subtype FLEX_R_AND_D

Spaces For Lease

at 701 Cornell Dr Contact us

701 Cornell Dr

Floor
1
Size
2,000 SF
Type
FLEX_R_AND_D
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Cornell Business Park is a centrally located light industrial/flex/warehouse property...
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Listing Agency: Pettinaro Management, LLC
Listed By: Matt Guers
Source: Moodyscre
Added: Sep 30, 2024 Changed: Aug 8 Last Checked: Aug 11 at 6:57AM

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

Investment Insights

Based on property information with market context.

Cornell Business Park is a centrally located light industrial, flex, and warehouse property with approximately 166,578 square feet of leasable area. Individual warehouse sizes range from 1,500 to 18,000 square feet, accommodating most small light industrial warehouse users. The location provides direct access to I-495, I-95, and Route 13, situated just south of Wilmington and close to the Wilmington Port. The property is located in New Castle County and is not subject to the city of Wilmington wage tax. A recently constructed 59,542 square foot warehouse building was pre-leased to a single tenant and was completed in early 2023. There are two newly constructed warehouses, each spanning 18,000 square feet. These buildings accommodate a minimum of 3,000 square foot bays with a 10'x14' overhead at grade access door. These warehouses have a 20' clear height to allow for warehouse racking users. One available space is 8,000 square feet.

Key Highlights

  • Strategic location with direct access to I‑495, I‑95, and Route 13, near Wilmington and the Wilmington Port.
  • Variety of warehouse sizes available, ranging from 1,500 to 18,000 square feet.
  • Located in New Castle County, not subject to Wilmington wage tax.

Property Analytics

Current Use

Versalign Tech Support Center Gzavnili LLC Freight Service Philadelphia Bearing & Drive ... Auto Parts Store Big Sky Bread ... Bakery Deal Tsar (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Spa & Massage Center Accounting Firm Pharmacy

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

408
Businesses Nearby
Balanced
Demand for This Use

Market

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
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Frequently Asked Questions

What type of property is this?
Warehouse - Centrally located warehouses with sizes ranging from 1,500-18,000 SF.
Where is this warehouse located?
The property is located at 701 Cornell Dr Wilmington, DE.
What are key features of this property?
This property features: Strategic location with direct access to I‑495, I‑95, and Route 13, near Wilmington and the Wilmington Port.; Variety of warehouse sizes available, ranging from 1,500 to 18,000 square feet.; Located in New Castle County, not subject to Wilmington wage tax.
(609) 605-1843 Call to check price and availability
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