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    700 Broad St Middletown, DE 19709

    For Lease
    Contact for pricing

    Midtown Delaware Warehouse/Flex Space Available

    Lot size:
    262,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property at 700 N. Broad Street in Middletown, Delaware offers 87,730 square feet of immediately available warehouse and flex space. Situated on a generous 16.18-acre lot, this multi-tenant building totals 262,205 square feet. The available space is divisible into multiple suites, offering flexibility for businesses of various sizes. Suite B comprises 16,140 square feet, Suite C offers 22,790 square feet, Suite D encompasses 36,410 square feet, and Suite E provides 39,915 square feet. Leasing options include individual suites or the entire 87,730+ square foot block. The property boasts significant advantages including heavy power with dual 25.5 KVA feeds, dock loading, and drive-in access. Its strategic location offers easy access to major transportation arteries, including Route 896, Route 1, and the 301 Bypass. A Norfolk Southern Rail spur provides direct rail access to the building, enhancing logistical capabilities. The property is zoned 23 MI (Manufacturing Industrial) within the business-friendly Town of Middletown, Delaware, and is part of New Castle County. This prime location and versatile space present a compelling opportunity for businesses seeking efficient and well-connected industrial facilities.

    Property Features for 700 Broad St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    262,205 SF

    Unit(s) available at that property

    Space
    Multiple Suites Available - See Brochure
    Size
    87,730 SF

    HighLights

    • 262,205 SF industrial building with 87,730 SF of vacant space available for lease.
    • Multiple suites available, ranging from 16,140 SF to 39,915 SF, or can be leased as one large block.
    • Located on 16.18 acres in Middletown, New Castle County, DE, with 23 MI zoning.
    • Excellent access to major roadways (Route 896, Route 1, 301 Bypass) and Norfolk Southern rail service.
    • Features include heavy power (dual 25.5 KVA feeds), dock‑high loading, and drive‑in access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnson Controls Inc Manufacturer Ruan Transportation Management ... Truck Rental Agency

    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
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7207943
    Latitude
    39.458208

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    FAQs

    What type of property is this?
    Flex space - Midtown Delaware Warehouse/Flex Space Available
    Where is this flex space located?
    The property is located at 700 Broad St Middletown, DE.
    What are key features of this property?
    This property features: 262,205 SF industrial building with 87,730 SF of vacant space available for lease.; Multiple suites available, ranging from 16,140 SF to 39,915 SF, or can be leased as one large block.; Located on 16.18 acres in Middletown, New Castle County, DE, with 23 MI zoning.
    Request Owner's contact information
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    Middletown, DE 19709
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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
    700 Broad St Middletown, DE 19709
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