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    1400 Vandever Ave Wilmington, DE 19802

    Sponsored
    For Lease
    $6 SF/Yr

    Flexible Warehouse Space in Delaware

    Lot size:
    127,229 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property at 1400 Vandever Avenue in Wilmington, Delaware, offers 127,229 square feet of versatile space ideal for a variety of businesses. The property, built in 1969, features eight suites, with a minimum divisible space of 2,276 square feet and a maximum contiguous space of 35,000 square feet, providing flexibility for tenants of all sizes. The building boasts a 14-foot ceiling height, enhancing operational efficiency. Located in New Castle County, this multi-tenant property is strategically positioned near major transportation arteries, including I-95 and I-495, and the Port of Wilmington, ensuring seamless logistics and distribution. The property's diverse subtype classifications—flex, warehouse, distribution, and manufacturing—cater to a wide range of industrial needs. Whether your business requires a smaller, independent space or a larger, combined area, this Wilmington location offers a customizable solution to meet your specific requirements. The property's prime location and adaptable layout make it an attractive opportunity for businesses seeking efficient and accessible industrial space in Delaware. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

    Property Features for 1400 Vandever Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,229 SF
    Total Rate
    63614.5

    Building Details

    Year Built
    1969

    Unit(s) available at that property

    Space
    Unit 6
    Size
    5,515 SF
    Rate per SF
    $8
    Space
    Unit 3
    Size
    10,649 SF
    Rate per SF
    $8
    Space
    Unit 5
    Size
    6,184 SF
    Rate per SF
    $8
    Space
    Unit 4
    Size
    2,276 SF
    Rate per SF
    $8
    Space
    Unit 7
    Size
    14,661 SF
    Rate per SF
    $8
    Space
    Unit 2
    Size
    2,398 SF
    Rate per SF
    $8
    Space
    Unit 1
    Size
    15,240 SF
    Rate per SF
    $8

    HighLights

    • 127,229 SF industrial property at 1400 Vandever Ave, Wilmington, DE.
    • Eight suites available, divisible from 2,276 SF to a maximum contiguous 35,000 SF.
    • 14‑foot ceiling height.
    • Excellent location near I‑95, I‑495, and the Port of Wilmington.
    • Suitable for flex, warehouse, distribution, and manufacturing uses.
    • Multiple units available with potential for combination.
    Property Profile Location Intelligence

    Current Use by Public Records

    Delaware Hotel Air Freight Cargo ... Freight Forwarding Service Alliance Movers Wilmington ... Mover HS Warehousing Company Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5297362
    Latitude
    39.7446431

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    FAQs

    What type of property is this?
    Manufacturing property - Flexible Warehouse Space in Delaware
    Where is this manufacturing property located?
    The property is located at 1400 Vandever Ave Wilmington, DE.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 127,229 SF industrial property at 1400 Vandever Ave, Wilmington, DE.; Eight suites available, divisible from 2,276 SF to a maximum contiguous 35,000 SF.; 14-foot ceiling height.
    Request Owner's contact information
    1400 Vandever Ave Wilmington, DE 19802
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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
    1400 Vandever Ave Wilmington, DE 19802
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