407 Meco Dr Wilmington, DE 19804

Property Details for 407 Meco Dr

Year built

1986

Construction

CONCRETE

Lot size

0.87 lot acres

Property size

1,660 SF

Zone code

I

Property type

Office Properties & Spaces

APN

07-043.20-154

APU

704320154

Description

This exceptional 11,040-square-foot flex space in Wilmington, Delaware, presents a unique investment opportunity. Located at 407 Meco Dr, this single-story Class D building sits on a 0.87-acre lot within the Boxwood Industrial Park and offers convenient access to major highways including I-95, Route 141, I-295, and I-495. Its strategic location outside Wilmington city limits provides easy access to the Delaware Memorial Bridge and the Port of Wilmington. The property features a blend of office and warehouse/flex space, totaling 11,040 square feet, with 6,500 square feet currently vacant and available for lease. The existing layout includes approximately 1,500 square feet of air-conditioned office space and 5,000 square feet of warehouse/flex space with heating. A 1,000-square-foot section of the warehouse/flex space has been upgraded to include air conditioning and heating, creating a versatile showroom area. Both the office and warehouse areas have separate entrances but are internally connected for seamless workflow. The property includes one drive-in overhead door, accommodating large trucks and trailers. The asking rent is $10 per square foot on a modified gross lease. The property is zoned I-UDC-Industrial and lacks elevators, sprinklers, loading docks, and a backup power generator. This property offers excellent connectivity to regional, national, and international destinations via Philadelphia International Airport (PHL), Wilmington Airport (ILG), Amtrak/SEPTA Wilmington Station (WIL), and major interstate highways.