1 University Dr Newark, DE 19702
University Plaza Shopping Center, located at 1 University Dr, Newark, DE 19702, offers exceptional retail space for lease in a prime New Castle County location. This Class A shopping center features multiple tenancies, providing a vibrant and diverse retail environment. Currently, two spaces are available, offering flexible sizes ranging from approximately 4,000 square feet to 29,386 square feet, allowing for a variety of business needs. The property's strategic location in Newark, Delaware, ensures high visibility and accessibility for customers. The address, 1 University Dr, provides convenient access to major roadways and a substantial customer base. The available spaces present a unique opportunity for businesses seeking a prominent location within a thriving retail center. The property type is retail, specifically a shopping center, making it ideal for a range of retail concepts. The building's Class A designation reflects its high-quality construction and modern amenities. With approximately 4,785 square feet currently available for lease, this presents a significant opportunity for expansion or establishment of a new business in a high-traffic area. The property's location within New Castle County, Delaware, offers access to a strong local economy and a large consumer market. Interested parties are encouraged to inquire about lease terms and availability for these exceptional retail spaces.
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Primo Water Exchange Big Box & Wholesale Store
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ACME Markets Grocery & Convenience Store Food Market
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Citizens Supermarket Branch Bank Loan Service
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Citizens Bank Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.