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    500 Plaza Dr Newark, DE 19702

    Sponsored
    For Lease
    Contact for pricing

    Newark, DE Retail Center - 5,500 SF Available

    Lot size:
    134,423 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Four Seasons Plaza, located at 500 Plaza Drive in Newark, Delaware (zip code 19702), offers a prime retail opportunity. This neighborhood center boasts a total of 134,423 square feet and currently has one available suite measuring 5,500 square feet. The minimum divisible space is 5,500 square feet, and the maximum contiguous space available is also 5,500 square feet. The property sits on 15.86 acres of land and is strategically positioned on Route 40, providing excellent visibility and accessibility between Interstates 95 and 896. This high-traffic location benefits from over 22,000 vehicles passing daily, ensuring significant exposure for businesses. The property is classified as a neighborhood retail center, offering a convenient and accessible shopping experience for the local community. The available space is suitable for a variety of retail uses and presents a unique opportunity for businesses seeking a prominent location in a thriving area of Newark, Delaware. This end-cap and inline space offers high visibility and ample space for a variety of retail concepts. The property's size and location make it an ideal choice for businesses looking to establish a strong presence in the Newark market.

    Property Features for 500 Plaza Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    134,423 SF

    Unit(s) available at that property

    Space
    Suite 12-14
    Size
    5,500 SF

    HighLights

    • Excellent S. College Avenue & Four Seasons Parkway access.
    • 500+ parking spaces available.
    • High‑visibility pylon signage.
    • Strong tenant mix including ShopRite, Walgreens, and Anytime Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens #11050 Pharmacy COVID-19 Drive-Thru Testing ... Medical Laboratory Redbox Movie Rental Kiosk Walgreens Pharmacy Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.746036975145
    Latitude
    39.626805808518

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    FAQs

    What type of property is this?
    Neighborhood center - Newark, DE Retail Center - 5,500 SF Available
    Where is this neighborhood center located?
    The property is located at 500 Plaza Dr Newark, DE.
    What are key features of this property?
    This property features: Excellent S. College Avenue & Four Seasons Parkway access.; 500+ parking spaces available.; High-visibility pylon signage.
    Request Owner's contact information
    500 Plaza Dr Newark, DE 19702
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    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
    500 Plaza Dr Newark, DE 19702
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