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Off Market
1/4

12 Reads Way
New Castle, DE 19720


HIGHLIGHTS

  • Three-story office building available for lease or purchase in New Castle Corporate Commons, one of Delaware's premiere office parks.
  • Timeless architecture, high quality materials and finishes highlight this unique "best in class" opportunity.
  • Full building backup generator and three 2,500lb passenger elevators.
  • Ample on-site deck parking with more than 900 stalls.
  • New EPDM roof, installed November 2011 (15-year warranty); wet sprinkler system.
  • Reads Way Two is divisible and can be lease separately.

OVERVIEW

This 3-story building at 12 Reads Way offers 106,878 square feet of quality office space and is complemented with structured parking exceeding 8.5/1,000. The property is located in one of Delaware's premier office parks, the New Castle Corporate Commons. The New Castle Corporate Commons consists of 22 buildings totaling approximately 1 million square feet, with current occupancy at a healthy 93%. The Corporate Commons park is beautifully landscaped with flowering trees, a lake with fountains and green common areas, and is easily accessible via a four-lane avenue that connects to major arteries. The park is ideally situated just off Interstate 95, four miles to the south of Wilmington, Delaware, which places it midway between Washington, D.C., and New York City. The nearby interchange provides excellent regional accessibility. The property's timeless architecture, high-quality materials, and finishes highlight this unique "best in class" opportunity.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

121452

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

6.39 AC AC

LAND SF

278,348 SF

ZONING

-

APN/PARCEL ID

10-013.00-028