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Prime Newark Location Office Space
For Lease
$1,900/Mo

720 New London Road A1-2, Newark, DE 19711

Office space in a prime location with easy tri-state access.

Space SizeContact for details
Days on Market123

Property Features for 720 New London Road A1-2

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: Empower Real Estate, LLC
Listed By: Laura Natalie Correa · License #RS0037544
Source: Kandorre
Added: Apr 24 Changed: Aug 23 Last Checked: Aug 23 at 8:48AM

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 Empower Real Estate, LLC

Investment Insights

Based on property information with market context.

Located on a highly traveled corridor in Newark, this office space at 720 New London Road is suitable for medical offices, professional services, and small businesses. Situated on the east side of Route 896, south of Country Club Drive, the property provides access to Pennsylvania and Maryland. It is located across from Fairfield Shopping Center, which includes Acme Markets, Rite Aid, and dining options. The University of Delaware is also nearby. The space is available for lease and ready for immediate occupancy. The landlord pays all utilities. A large on-site parking lot is available for staff and customers. There is an opportunity for business signage. The building features multiple entrances, allowing for flexible layouts and convenient access for divided or multi-tenant use. The property can be divided into four sections, two on the upper level and two on the lower level. Spaces will be secured on a first-come, first-served basis.

Key Highlights

  • Prime Newark location with easy access to Pennsylvania and Maryland.
  • All utilities paid by the landlord.
  • Immediate occupancy available.

Property Analytics

Current Use

Insurance Associates Inc. Insurance Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store

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
$1.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 19711, DE

48,477
Population
20,617
Households
2.4
Avg Household Size
37
Median Age
53%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
1,769
Density / Sq Mi
$94,455
Median Household Income
$43,790
Median Earnings
$1,516
Median Rent
$376,300
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a prime location with easy tri-state access.
Where is this office units located?
The property is located at 720 New London Road A1-2 Newark, DE.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: Prime Newark location with easy access to Pennsylvania and Maryland.; All utilities paid by the landlord.; Immediate occupancy available.
More about this property
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