Wilmington Manufacturing and Warehouse
For Lease
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701 Garasches Lane, Wilmington, DE 19801
100,000 SF manufacturing/warehouse space for lease in Wilmington.
Space SizeContact for details
Lot Size5.88 Acres
Days on Market216
Property Features for 701 Garasches Lane
General Information
Standard status
Active
Lot size
5.88 Acres
Property subtype
Industrial
Listing Agency:
CBRE | Wilmington
Listed By:
Dan Reeder
(302) 661-6707
Source:
Cbre
Added: Mar 25
Changed: Oct 26
Last Checked: Oct 24 at 3:51PM
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
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Investment Insights
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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
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Current Use
Lease Details
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Lease Type
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
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
