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    16 Polly Drummond Shopping Ctr Newark, DE 19711

    Sponsored
    For Lease
    Contact for pricing

    11,168 sq ft Executive Office Space

    Lot size:
    11,168 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,168 square foot executive office suite is ideally situated within the vibrant Polly Drummond Shopping Center in New Castle County, Delaware. The single-tenant occupancy provides unparalleled privacy and control. The property boasts a highly desirable amenity-rich location, perfect for businesses seeking a prestigious address and convenient access for employees and clients. A key advantage is the prominent signage opportunity, ensuring high visibility and brand recognition. Ample free parking is readily available, eliminating the hassle of parking challenges often associated with urban office spaces. Furthermore, the inclusion of a private elevator enhances exclusivity and provides convenient access to the suite. This turnkey office space presents a rare opportunity to establish a thriving business in a prime location with all the necessary features for success. The single-tenant occupancy offers flexibility and control over the space, allowing for customization to meet specific business needs. The combination of convenient amenities, prominent signage, ample parking, and a private elevator makes this property an exceptional investment for any discerning business. This is a unique opportunity to secure a high-profile office space in a thriving commercial center.

    Property Features for 16 Polly Drummond Shopping Ctr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,168 SF

    Unit(s) available at that property

    Space
    Size
    11,168 SF

    HighLights

    • Executive office space totaling 11,168 square feet.
    • Excellent signage opportunity.
    • Abundant free parking available.
    • Features a private elevator.
    • Located in an amenity‑rich area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -75.7105717
    Latitude
    39.7194645

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    FAQs

    What type of property is this?
    Office Property / Space - 11,168 sq ft Executive Office Space
    Where is this office property / space located?
    The property is located at 16 Polly Drummond Shopping Ctr Newark, DE.
    What are key features of this property?
    This property features: Executive office space totaling 11,168 square feet.; Excellent signage opportunity.; Abundant free parking available.
    Request Owner's contact information
    16 Polly Drummond Shopping Ctr Newark, DE 19711
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    Newark, DE 19711
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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
    16 Polly Drummond Shopping Ctr Newark, DE 19711
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