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Off Market
1/5

850 Library Ave
Newark, DE 19711


HIGHLIGHTS

  • Centrally located between the University of Delaware and the planned College Square mixed-use development.
  • Building features include high visibility and monument signage along Library Ave, 188 parking spaces, and an inviting 2-story glass entrance.
  • Desirable corner space on the 1st floor of an otherwise completely full building featuring tenants like the University of Delaware and Thriveworks.
  • The planned College Square mixed-use development across the street will offer retail, dining, and entertainment in a walkable environment.
  • Numerous local and national dining, retail, and conveniences options are available along Main St, reachable in just a 5-minute drive.

OVERVIEW

Ideally situated between the University of Delaware’s campus and the future College Square mixed-use development, the Library Avenue Professional Building provides businesses access to a robust, highly-educated workforce and exciting nearby amenities. The building features a quaint brick façade and long window lines that are accented by an impressive two-story glass entrance. The expansive lot spans from E Delaware Avenue to Wyoming Road along Library Avenue and offers 118 surface parking spaces, easy access, and convenient commutability to the area’s densely populated neighborhoods. Located just one mile from the Library Avenue Professional Building is the University of Delaware, which provides a scenic campus and a large potential employee pool. Known for its highly ranked Education and Engineering programs, the university has a total undergraduate enrollment of 18,510 students. Another perk of the building that tenants can enjoy is the proximity to the city’s Main Street retail corridor. Nestled among numerous national and local retailers and conveniences is an eclectic mix of local restaurants such as the Home Grown Café, Iron Hill Brewery & Restaurant, and Grain Craft Bar + Kitchen in less than a 5-minute drive from the building. Directly across Library Avenue, the College Square shopping center is undergoing a redevelopment to transform the 45-acre campus into the area’s first mixed-use development. The new College Square center will provide even more dining, retail, and entertainment options in a highly walkable area that will also feature abundant green spaces.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Library Avenue Professional Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

25000

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

118

LAND DETAILS

LAND ACRES

2.54 AC AC

LAND SF

110,642 SF

ZONING

-

APN/PARCEL ID

18-021.00-197