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Property profile & analytics
FOR LEASE
Warehouses

126 Patriot Dr Middletown, DE 19709

17,005 SF 1.71 ac lot Built 2010
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US17-0020687
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 126 Patriot Drive in Middletown, Delaware (zip code 19709), offers 4,150 square feet of immediately available space within a larger 17,300 square foot building. Built in 2010, this flex space is ideal for businesses requiring a blend of warehouse and office functionality. The property boasts a desirable location within the thriving Middletown submarket of New Castle County. The single-suite building features high ceilings ranging from 20 to 22 feet, providing ample vertical space for storage or specialized equipment. The space is served by robust 200 AMP, 3-phase power, ensuring sufficient capacity for various operational needs. The property's classification as a flex space, warehouse, and distribution facility makes it highly versatile and suitable for a wide range of industrial and logistical businesses. This prime location offers easy access to major transportation routes, making it an attractive option for companies seeking efficient distribution capabilities. The available space presents a unique opportunity to establish or expand operations in a dynamic and growing area of Delaware. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2010
Construction CONCRETE
Total area 17,005 SF
Lot 1.71 ac (74,488 SF)
Zoning code 23M-I
APN 23-041.00-014
UPID US17-0020687
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Delaware Glass Services, Inc. Kitchen & Bath Showroom Hardware & Home Improvement
  • MiddletownInk (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.08M
Owner & transaction history
Patriot 126 LLC · 6 yrs held
Patriot 126 LLC
since 2019
3 recorded transactions
2019
Price N/A
2009
$350,000
2004
$135,304
Zoning & alternative use
23M-I · Middletown, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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