Adaptable Warehouse with Lab
For Lease
$7.50 SF/Yr
New Castle, DE 19720, New Castle, DE 19720
Sublease opportunity: flexible space near I-95 in New Castle.
Space Size21,000 SF
Days on Market324
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Property Features
General Information
Standard status
Active
Size
21,000 SF
Class
C
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
21,000 SF
Year Built
1998
Spaces For Lease
40 McCullough Drive
$7.50/SF/Yr
Size
21,000 SF
Term
Negotiable
Listing Agency:
LMT Commercial Realty / CORFAC International
Listed By:
Zach Rempfer · License #DE #RS-0024380
(302) 414-1000
Source:
Corfac
Added: Nov 25, 2025
Changed: Oct 13
Last Checked: Oct 14 at 8:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LMT Commercial Realty / CORFAC International
Investment Insights
Based on property information with market context.
This property offers a versatile space suitable for either continued use as an ISO 17025 accredited lab or conversion back to a warehouse. The facility features a 24-foot clear height and a drive-in dock. The property includes some existing office space for administrative functions. It is equipped with 240V/200 AMP power. The property has one standard dock and one drive-in door. Located in New Castle, Delaware, the site provides convenient access to I-95, I-295, Route 13, and Route 141. Ample parking is available. Showings are available now, with a move-in date set for January 2025. The property size is 21000 square feet.
Key Highlights
- ISO 17025 Accredited Lab Space: Ready for immediate use or conversion.
- Excellent Location: Minutes from I‑95, I‑295, Route 13, and Route 141.
- Flexible Use: Easily converts between lab and warehouse.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19720, DE
61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
Median Home Value
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Market
Lease Benchmarks for New Castle, DE
$11.19 /SF/Yr
Avg Asking Price
$6.25–$14 /SF/Yr
Price Range
124,780 SF
Avg Space Size
This space is priced 33% below the average of $11.19 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Meyer Records Management — 11 Boulden Cir, New Castle, DE 19720
- A-Team Movers — 48 S Glen Ave, New Castle, DE 19720
- Brain Core Inc — 35 Industrial Blvd, New Castle, DE 19720
- Atelier — 71 Southgate Blvd, New Castle, DE 19720
Frequently Asked Questions
What type of property is this?
Warehouse - Sublease opportunity: flexible space near I-95 in New Castle.
Where is this warehouse located?
The property is located at New Castle, DE.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: ISO 17025 Accredited Lab Space: Ready for immediate use or conversion.; Excellent Location: Minutes from I‑95, I‑295, Route 13, and Route 141.; Flexible Use: Easily converts between lab and warehouse.
