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    1 University Dr Newark, DE 19702
    Property profile & analytics

    1 University Dr, Newark, DE 19702

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    • Lifestyle centers
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Primo Water Exchange / Big Box & Wholesale Store
    • ACME Markets / Grocery & Convenience Store / Food Market
    • Citizens Supermarket Branch / Bank / Loan Service
    • Citizens Bank / Atm

    Property Details for 1 University Dr

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.67
    Latitude
    39.6675
    More about this property
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