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    134 Main St Newark, DE 19711

    Sponsored
    For Lease
    Contact for pricing

    New construction, multiple units available.

    Lot size:
    14,465 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional new construction retail property, located at 134-140 East Main Street in Newark, Delaware, offers a unique opportunity for businesses seeking prime commercial space. The building, completed in 2024, boasts a total of 14,465 square feet across six stories, with one building on the site. Multiple tenancy options are available, with spaces ranging from a minimum of 2,213 square feet to a maximum contiguous space of 1,974 square feet. Currently, 4,187 square feet of ground-floor retail space is vacant and ready for immediate occupancy. This presents an ideal opportunity for a restaurant or other retail establishment seeking high visibility and foot traffic on Main Street. The property's location in the vibrant city of Newark, Delaware, zip code 19711, ensures excellent access to a diverse customer base. The property's Assessed Parcel Numbers (APN) are 18-020.00-126 and 18-020.00-127. This is a rare chance to secure a brand-new, high-quality retail space in a thriving Delaware community. Don't miss this chance to establish your business in a prime location. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 134 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,465 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Available space 2
    Size
    2,213 SF
    Space
    Available space 4
    Size
    1,974 SF

    HighLights

    • New 2024 construction, 14,465 SF retail building at 134‑140 E Main St, Newark, DE 19711.
    • Six‑story building with multiple tenancy options, spaces ranging from 2,213 SF to 1,974 SF contiguous.
    • 4,187 SF of ground‑floor retail space is immediately available.
    • Prime Main Street location offering high visibility and foot traffic.
    • APNs: 18‑020.00‑126 and 18‑020.00‑127.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7475969
    Latitude
    39.6836988

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    FAQs

    What type of property is this?
    Restaurant - New construction, multiple units available.
    Where is this restaurant located?
    The property is located at 134 Main St Newark, DE.
    What are key features of this property?
    This property features: New 2024 construction, 14,465 SF retail building at 134-140 E Main St, Newark, DE 19711.; Six-story building with multiple tenancy options, spaces ranging from 2,213 SF to 1,974 SF contiguous.; 4,187 SF of ground-floor retail space is immediately available.
    Request Owner's contact information
    134 Main St Newark, DE 19711
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    134 Main St
    Newark, DE 19711
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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
    134 Main St Newark, DE 19711
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