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    91 A Lukens Dr New Castle, DE 19720

    Sponsored
    For Lease
    $14 SF/Yr

    Delaware Executive Office Suite Available

    Lot size:
    20,155 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office suite, totaling 4,699 square feet, is situated within the desirable Riveredge Park in New Castle, Delaware. Located at 91 A Lukens Drive, this Class C building offers a prime location with convenient access to major transportation arteries, including I-95, 495, 295, SR1, and SR13, placing it within a short commute of Wilmington (five minutes), Philadelphia (30 minutes), Baltimore/DC (one hour), and New York City (two hours). The building itself boasts a total of 20,155 square feet across a single suite, with the available space featuring a 16-foot ceiling height. The property sits on a 2.55-acre lot within the city limits of New Castle and is zoned for Industrial Office Park use. Built in 1983, this flex space offers a built-out office environment ready for immediate occupancy. Its strategic location at the base of the Delaware Memorial Bridge provides unparalleled accessibility for businesses needing convenient access to multiple major metropolitan areas. The property is ideal for a company seeking a well-located, spacious, and functional executive office space in a thriving Delaware business park. This is a rare opportunity to secure a significant footprint in a highly sought-after location.

    Property Features for 91 A Lukens Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,155 SF
    Class
    C
    Total Rate
    24186

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,699 SF
    Rate per SF
    $14

    HighLights

    • Thirteen (13) private offices/conference rooms.
    • Two (2) restrooms.
    • 8' x 10' grade‑level drive‑in door accessing a 30' x 30' warehouse.
    • 16' warehouse ceiling clearance.
    • Immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5483675
    Latitude
    39.6853027

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    FAQs

    What type of property is this?
    Office Property / Space - Delaware Executive Office Suite Available
    Where is this office property / space located?
    The property is located at 91 A Lukens Dr 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: Thirteen (13) private offices/conference rooms.; Two (2) restrooms.; 8' x 10' grade-level drive-in door accessing a 30' x 30' warehouse.
    Request Owner's contact information
    91 A Lukens Dr New Castle, DE 19720
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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

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    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
    91 A Lukens Dr New Castle, DE 19720
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