302-496-5896
250 S Main St, Newark, DE for Rent

$19.50 USD /SF/yr

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

250 S Main St
Newark, DE 19711


HIGHLIGHTS

  • Rittenhouse Station offers nearly 8,000 square feet of commercial space with broad area zoning, ideal for a variety of retail and office uses.
  • Capitalize on a highly visible location in the heart of Downtown Newark, just off South Main Street, which sees nearly 20,000 vehicles per day.
  • Within walking distance to the University of Delaware campus, where the student body nearly matches the city's permanent resident population.
  • Perfect for shops, entertainment, and office tenants, paired with plentiful on- and off-site parking for employees and new business patrons.

OVERVIEW

Discover 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 contains nearly 8,000 square feet that can be divided to house multiple tenants. A wide range of businesses are perfect for this location, including shops, entertainment, retailers, office users, and beyond. Many businesses can capitalize on this prime space and tap into the built-in student base on the upper floors. Newark, Delaware, is ideal for retail and office users mainly because of the area's demographics. The surrounding population is steadily rising, with 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 students enrolled, also plays well in these statistics. One of the country's oldest universities, the University of Delaware provides undergraduates access to 150 majors and minors, outstanding research opportunities, and new research labs across different areas of study. Main Street in Downtown Newark boasts an eclectic mix of restaurants and nightlife venues. This bustling area sees over 20,000 vehicles daily, attracting students and the local population. Several regional and national retailers line the street, including 7-Eleven, Sunoco, restaurants, bars, and more. The ground-floor space at 250 S Main Street gives tenants an excellent place for their business to thrive.

RENTAL DETAILS

SPACE AVAILABLE

3,000-7,853 SF

# OF SPACES

1

RENT/MONTH

$4,875+ USD /mo

RENT RATE (MO)

$1.63 USD /SF/mo

RENT RATE (YR)

$19.50 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

Ryan BreeDSM CommercialMore Info
302-496-5896

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Ryan BreeDSM CommercialMore Info
302-496-5896

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