700 Dusk Run Rd Newark, DE 19702
This exceptional single-tenant warehouse, located at 700 Dusk Run Road - Building F, offers 278,876 square feet of modern industrial space. Strategically situated in the heart of the I-95 corridor between New York City and Washington, D.C., this property boasts unparalleled access to major transportation arteries. It's just 1.5 miles from I-95, providing seamless connectivity to key markets. The location benefits from a large, readily available workforce drawn from Delaware, New Jersey, Pennsylvania, and Maryland. This prime location also places one-third of the US population within a single day's drive, encompassing major cities like Wilmington, Philadelphia, and Baltimore. Furthermore, three significant ports – Wilmington, Philadelphia, and Baltimore – are all within an hour's drive, facilitating efficient shipping and logistics. The property itself is set in a secure, park-like environment, featuring a tranquil lake. The building is ready for tenant improvements, offering flexibility for customization to meet specific operational needs. This presents a unique opportunity to acquire a substantial, well-located warehouse in a thriving industrial region.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.