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High-Visibility Retail Space Available
For Lease
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500 Plaza Dr, Newark, DE 19702

Retail spaces for rent in high-traffic Newark shopping center.

Space SizeContact for details
Property Size134,423 SF
Days on Market1447

Property Features for 500 Plaza Dr

General Information

Standard status Active
Size 134,423 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 134,423 SF
Tenancy Multiple

Spaces For Lease

at 500 Plaza Dr Contact us

Suite 10A

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 17

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: LMT Commercial Realty, LLC.
Listed By: Tyler Foresta · License #DE RS-0025429
Source: Crexi
Added: Sep 15, 2022 Changed: Aug 19 Last Checked: Aug 30 at 3:24PM

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, LLC.

Investment Insights

Based on property information with market context.

Inline retail spaces are available for rent in a high-profile retail center. The property is conveniently located on Route 896 between I-95 and Route 40. The shopping center benefits from high visibility, with a traffic count of approximately 30,353 vehicles per day.

Key Highlights

  • High‑profile retail center location
  • Located on Route 896 between I‑95 and Route 40
  • High visibility with 30,353 +/- vehicles passing per day

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens #11050 Pharmacy COVID-19 Drive-Thru Testing ... Medical Laboratory Redbox Cinema Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Auto Repair Shop Nail 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 19702, DE

55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces for rent in high-traffic Newark shopping center.
Where is this retail space located?
The property is located at 500 Plaza Dr Newark, DE.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑profile retail center location; Located on Route 896 between I‑95 and Route 40; High visibility with 30,353 +/- vehicles passing per day
(302) 414-1000 Call to check price and availability
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