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Wilmington Manufacturing and Warehouse Space
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701 Garasches Lane, Wilmington, DE 19801

100,000 SF manufacturing/warehouse space for lease in Wilmington.

Space SizeContact for details
Property Size100,000 SF
Lot Size5.88 Acres
Days on Market136

Property Features for 701 Garasches Lane

General Information

Standard status Active
Size 100,000 SF
Lot size 5.88 Acres
Property subtype Industrial
Listing Agency: CBRE | Wilmington
Listed By: Dan Reeder · License #RS-0039298
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Jul 20 at 2:41AM

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 CBRE | Wilmington

Investment Insights

Based on property information with market context.

This +/- 100,000 square foot manufacturing and warehouse space is situated on 5.88 acres. The original manufacturing space was built in 1933, with remaining sections developed between 1994 and 2002. It features clear heights ranging from 24 to 28 feet and column spacing of 90' x 30' and 66' x 30'. Loading is facilitated by 14 dock-high doors and 1 drive-in door. The property includes a 160-foot truck court at the rear and a 110-foot truck court at the front. It is equipped with 4,000 Amps of 3-phase, 480/277V power. The office space measures approximately 5,400 square feet. The property is zoned 26 M-1 (Light Manufacturing) within the City of Wilmington and includes 34 parking spots. Future improvements by the owner include new LED lighting throughout the building, interior and exterior painting, and site repaving. The property is located in an Opportunity Zone and within a flood plain. An additional 1.35-acre parcel at 703 Buttonwood Street is included, also zoned 26 M-1 (Light Manufacturing) within the City of Wilmington. The location offers close proximity to high-density population centers, ocean ports, and interstates.

Key Highlights

  • Large industrial space: +\/- 100,000 SF on 5.88 acres
  • High power capacity: 4,000 Amp, 3‑phase, 480/277V
  • Ample loading: 14 dock high doors and 1 drive‑in door

Property Analytics

Current Use

Fibre Processing Corporation Logistics Company

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Storage Facility Nail Salon Skin Care Clinic Garden 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 19801, DE

16,219
Population
9,390
Households
1.7
Avg Household Size
34
Median Age
26%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
3,686
Density / Sq Mi
$44,505
Median Household Income
$36,684
Median Earnings
$1,126
Median Rent
$196,000
Median Home Value

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?
Manufacturing property - 100,000 SF manufacturing/warehouse space for lease in Wilmington.
Where is this manufacturing property located?
The property is located at 701 Garasches Lane Wilmington, DE.
What are key features of this property?
This property features: Large industrial space: +\/- 100,000 SF on 5.88 acres; High power capacity: 4,000 Amp, 3‑phase, 480/277V; Ample loading: 14 dock high doors and 1 drive‑in door
More about this property
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