302-525-0177
250 S Main St, Newark, DE for Rent

$18.00 USD /SF/yr

Retail - For Rent
1/16
3,000-7,853 SF | 1 Space

250 S Main St
Newark, DE 19711


HIGHLIGHTS

  • Up to 8,000 square feet of rentable space perfectly suited for retail or office thanks to the broad area zoning.
  • Quick walk to the University of Delaware Campus where the student body nearly matches the city’s population of permanent residents.
  • Highly visible location in the heart of Newark just off of South Main Street, which sees nearly 20,000 vehicles per day.
  • There are several amenities provided with plentiful on- and off-site parking available for tenants and new business patrons.

OVERVIEW

Discover a highly adaptable retail and office space on the ground floor of Rittenhouse Station, an off-campus multifamily building for the University of Delaware. The flexible space comprises nearly 8,000 square feet that can be demised to house multiple tenants. A wide net of businesses would be perfect for this locale including shops, entertainment, retailers, office users, and beyond. Because of the built-in student base above, many different businesses can take advantage of this prime space and monetize. Newark is the ideal place for retail and office largely due to the area's demographics. The population is on a steady rise with high household incomes in a 10-mile radius exceeding $106,000 annually. In addition, the area has a noteworthy and robust spending power of $4.88 billion annually. The University of Delaware, with over 23,000 total students enrolled, also plays well into area statistics. One of the country's oldest universities, the University of Delaware provides its undergraduates with access to 150 majors and minors and outstanding research opportunities thanks new research labs in different areas that are being started each year. Newark is home to an eclectic mix of restaurants and nightlife venues dotting Main Street. Seeing over 20,000 vehicles per day, this area is heavily trafficked by students as well as the local population. Several local and national retailers line Main Street including 7-Eleven, Sunoco, restaurants, bars, and more. The ground-floor space at 250 S Main Street presents tenants with an excellent place for see their business thrive.

RENTAL DETAILS

SPACE AVAILABLE

3,000-7,853 SF

# OF SPACES

1

RENT/MONTH

$4,500+ USD /mo

RENT RATE (MO)

$1.50 USD /SF/mo

RENT RATE (YR)

$18.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

54,000 SF

YEAR BUILT

2013

PARKING SPACES

200

LAND DETAILS

LAND ACRES

5.1669 AC

LAND SF

225,070 SF

ZONING

18BB

ASK ABOUT THIS PROPERTY

Richard DudekNAI Emory HillMore Info
302-525-0177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Richard DudekNAI Emory HillMore Info
302-525-0177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.