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    1000 First State Blvd Wilmington, DE 19804

    Sponsored
    For Lease
    $12 SF/Yr ($14,916 /Mo)

    14,320 SF Warehouse, Delaware

    Lot size:
    14,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,320-square-foot industrial warehouse, situated on a 1.3-acre lot in Wilmington, Delaware, presents a compelling leasing opportunity. The single-tenant building, constructed in 1995, boasts a desirable location within the First State Industrial Park, offering easy access to major highways including I-95, I-295, I-495, Route 1, Route 13 via Route 141. Its strategic proximity to the City of Wilmington, Port of Wilmington, Delaware Memorial Bridge, Philadelphia International Airport, and other key transportation hubs enhances its logistical appeal. The property features a fenced and paved lot with wide gates for enhanced security, providing ample space for 35 vehicles. The warehouse itself offers a column-free open floor plan, three 12' x 14' drive-in doors, and three dock-high doors. Modern office space is included, complete with a kitchenette, IT closet, cubicle area, private offices, abundant natural light, and a separate sales counter. The building is equipped with efficient natural gas heating and air conditioning in the office area. Water and sewer services are provided by New Castle County. The property is zoned Industrial and is offered at a rate of $12.50 per square foot, NNN lease, with a 5-year lease available. This well-maintained facility represents a rare opportunity for businesses seeking a functional and strategically located warehouse in Delaware.

    Property Features for 1000 First State Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,320 SF
    Total Rate
    14916.67

    Building Details

    Year Built
    1995
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    14,320 SF
    Rate per SF
    $12

    HighLights

    • 14,320 SF industrial warehouse on a 1.3‑acre lot in Wilmington, DE's First State Industrial Park.
    • Single‑tenant building (1995 construction) with easy access to I‑95, I‑295, I‑495, Route 1, and Route 13.
    • Fenced, paved lot with ample parking (35 vehicles), three 12' x 14' drive‑in doors, and three dock‑high doors.
    • Modern office space with kitchenette, IT closet, and separate sales counter.
    • $12.50/SF NNN, 5‑year lease available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6360237
    Latitude
    39.7097678

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    FAQs

    What type of property is this?
    Distribution property - 14,320 SF Warehouse, Delaware
    Where is this distribution property located?
    The property is located at 1000 First State Blvd Wilmington, DE.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 14,320 SF industrial warehouse on a 1.3-acre lot in Wilmington, DE's First State Industrial Park.; Single-tenant building (1995 construction) with easy access to I-95, I-295, I-495, Route 1, and Route 13.; Fenced, paved lot with ample parking (35 vehicles), three 12' x 14' drive-in doors, and three dock-high doors.
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    1000 First State Blvd Wilmington, DE 19804
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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
    1000 First State Blvd Wilmington, DE 19804
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