800 Barksdale Road offers a versatile suburban two-story office building located on a 2.12-acre lot in the heart of Newark, Delaware. Ideally situated within walking distance of South Main Street, this value-add opportunity offers up to 29,900 square feet of flexible office space. It can accommodate a single large tenant or be divided into two 13,300-square-foot floors, providing a range of leasing options. In addition, it also features a 3,000-square-foot warehouse with a receiving and loading dock and overhead doors. Recently renovated in 2019, the building is in move-in condition with private offices, expansive open work areas, and modern amenities. The property also boasts ample free parking, enhancing its appeal for tenants and visitors. With an elevator-served building, a welcoming lobby, and ample parking, 800 Barksdale Road presents an exceptional value-add and owner/user opportunity.
Located in a picturesque park-like setting, this property is just minutes from downtown Newark and the University of Delaware, providing access to a vibrant, educated workforce. 800 Barksdale Road offers excellent connectivity, with Interstate 95 just a 10-minute drive away, allowing swift access to both Delaware and Maryland. The Newark Amtrak Station is just 5 minutes away, and Wilmington Airport is only 25 minutes from the property, offering convenience for employees and business travelers. The surrounding area is rich in amenities, including Siemens Healthineers, Air Liquide, the Newark Country Club, and Main Street, which boasts a variety of retailers, dining options, and services.
Newark is a growing and vibrant community with a population of over 120,000 within a 5-mile radius, and 38% of residents have earned a bachelor’s degree or higher, making it an attractive market for businesses seeking educated professionals. The area generates over $1.4 billion in annual consumer spending, providing a solid economic foundation for businesses to thrive. 800 Barksdale Road is within a 5-minute drive from the University of Delaware’s STAR Campus, offering access to top-tier research, innovation, and talent, enhancing the area's appeal for businesses in a variety of sectors. Additionally, Delaware's business-friendly environment, with no sales tax and low corporate income tax rates, makes this property an even more compelling investment opportunity.