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Flex Space with Loading Docks
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78 Southgate Blvd, New Castle, DE

19,200 SF flex space available for lease.

Space Size19,200 SF
Lot Size3.82 Acres
Days on Market724

Property Features for 78 Southgate Blvd

General Information

Standard status Active
Size 19,200 SF
Lot size 3.82 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 78 Southgate Blvd Contact us

78 Southgate Blvd $14/SF/Yr

Floor
1
Size
19,200 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 19,200 +/- SF flex-space with 9 loading docks, 1 drive in door and office space...
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Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Chris Moore
Source: Moodyscre
Added: Oct 3, 2024 Changed: Sep 5 Last Checked: Sep 24 at 10:42AM

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 LMT Commercial Realty / CORFAC International

Investment Insights

Based on property information with market context.

This 19,200 square foot flex space, suitable for industrial and warehouse use, will be available for lease starting August 31, 2024. The property features nine loading docks and one drive-in door, along with office space. The layout includes warehouse areas, offices, lunchrooms, and bathrooms. Its location provides convenient access to I-295, I-95, I-495, and Route 13, facilitating connections to various areas of New Castle County.

Key Highlights

  • 19,200 +/- SF of flexible space suitable for various business needs.
  • Excellent location with easy access to I‑295, I‑95, I‑495, and Rt. 13.
  • Features 9 loading docks and 1 drive‑in door for efficient operations.

Property Analytics

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Current Use

CPC Baking Business Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Big Box & Wholesale Store Hair Salon

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Castle, DE

$14.04 /SF/Yr
Avg Asking Price
$12.25–$18 /SF/Yr
Price Range
11,933 SF
Avg Space Size

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
Rey
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Similar Off Market Nearby

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  • Dupssy's Kitchen — 125 Edge Ave, New Castle, DE 19720
  • 1st Tri Caterers — 65 Chesterfield Dr, New Castle, DE 19720
  • MZ J’S KITCHEN — 91 Chesterfield Dr, New Castle, DE 19720

Frequently Asked Questions

What type of property is this?
Flex space - 19,200 SF flex space available for lease.
Where is this flex space located?
The property is located at 78 Southgate Blvd New Castle, DE.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 19,200 +/- SF of flexible space suitable for various business needs.; Excellent location with easy access to I‑295, I‑95, I‑495, and Rt. 13.; Features **9 loading docks and 1 drive‑in door** for efficient operations.
(302) 383-1911 Call to check price and availability
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