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    130 Corporate Blvd Newark, DE 19702

    Sponsored
    For Lease
    $35 SF/Yr

    Newark, DE: Prime Retail Opportunity

    Lot size:
    11,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail property, located at 130 Corporate Blvd in Newark, Delaware, offers 11,900 square feet of space within a vibrant mixed-use business park. Built in 2024, this single-story building features six suites, with a minimum divisible space of 2,000 square feet. Currently, five spaces are available, ranging in size from approximately 1,900 to 2,000 square feet, ideal for a variety of restaurant and retail uses. The property sits on a substantial 24-acre lot, zoned BP - UDC - BUSINESS PARK in New Castle County, and enjoys a prime location just 15 minutes from the University of Delaware and with convenient access to I-95. The development boasts a compelling mix of uses, including a Wawa, and future plans include a 125-room hotel and two office buildings, ensuring high visibility and foot traffic. This is a rare opportunity to establish a presence in a thriving, rapidly developing business park. The property's address is 130 Corporate Blvd, Newark, DE 19702, with a cross street of South College Ave. The building's modern design and convenient location make it an attractive option for businesses seeking a high-profile location in a rapidly growing area. The large lot size offers ample parking and potential for future expansion.

    Property Features for 130 Corporate Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,900 SF
    Class
    A
    Total Rate
    34708.33

    Building Details

    Year Built
    2024
    Stories
    1

    Unit(s) available at that property

    Space
    134
    Size
    2,000 SF
    Rate per SF
    $35
    Space
    130
    Size
    2,000 SF
    Rate per SF
    $35
    Space
    132
    Size
    2,000 SF
    Rate per SF
    $35
    Space
    136
    Size
    2,000 SF
    Rate per SF
    $35
    Space
    140
    Size
    1,900 SF
    Rate per SF
    $35

    HighLights

    • Build‑to‑suit retail space available.
    • 15‑minute drive to the University of Delaware.
    • Convenient I‑95 access.
    • Strong tenant base in immediate vicinity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.745026634218
    Latitude
    39.617124351474

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    FAQs

    What type of property is this?
    Restaurant - Newark, DE: Prime Retail Opportunity
    Where is this restaurant located?
    The property is located at 130 Corporate Blvd Newark, DE.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Build-to-suit retail space available.; 15-minute drive to the University of Delaware.; Convenient I-95 access.
    Request Owner's contact information
    130 Corporate Blvd Newark, DE 19702
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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
    130 Corporate Blvd Newark, DE 19702
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