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    611 Tower Ln Middletown, DE 19709

    Sponsored
    For Lease
    $13 SF/Yr ($15,187 /Mo)

    Modern Flex Space, New Castle County

    Lot size:
    13,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,500-square-foot flex building in New Castle County is currently under construction, with completion anticipated in the first quarter of 2025. The property offers five suites, with flexible unit sizes ranging from a minimum of 2,120 square feet to a maximum contiguous space of 13,500 square feet, accommodating a variety of business needs. Units are divisible in 2,264-square-foot increments. Each standard unit boasts a fully conditioned private office, an ADA-compliant restroom, energy-efficient LED warehouse lighting, a gas-fired suspended heater, and a convenient 12' x 14' roll-up door at grade level. The building's strategic location provides easy access to major transportation arteries, situated just 2-3 miles from Route 301 bypass and Route 1, ensuring seamless logistics and commuting. The property is zoned 23C-3. A generous parking ratio of 3.3 spaces per 1,000 square feet is provided. For qualified tenants, the landlord is open to negotiating additional tenant improvements. This represents a unique opportunity to secure modern, adaptable space in a prime location. Contact us today to learn more about leasing opportunities.

    Property Features for 611 Tower Ln

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,500 SF
    Total Rate
    15187.5

    Building Details

    Buildings
    5

    Unit(s) available at that property

    Space
    Suite A
    Size
    13,500 SF
    Rate per SF
    $13
    Space
    Suite B
    Size
    13,500 SF
    Rate per SF
    $13
    Space
    Suite C
    Size
    13,500 SF
    Rate per SF
    $13
    Space
    Suite D
    Size
    13,500 SF
    Rate per SF
    $13
    Space
    Suite E
    Size
    13,500 SF
    Rate per SF
    $13

    HighLights

    • 13,500 SF flex industrial building in New Castle County.
    • Five suites available, ranging from 2,120 SF to 13,500 SF.
    • Building is under construction, with Q1 2025 delivery.
    • 3.3 parking spaces per 1,000 square feet.
    • Zoned 23C‑3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.724143
    Latitude
    39.443274

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, New Castle County
    Where is this flex space located?
    The property is located at 611 Tower Ln Middletown, DE.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 13,500 SF flex industrial building in New Castle County.; Five suites available, ranging from 2,120 SF to 13,500 SF.; Building is under construction, with Q1 2025 delivery.
    Request Owner's contact information
    611 Tower Ln Middletown, DE 19709
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    611 Tower Ln Middletown, DE 19709
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