Contacts

Gordon Winegar

DSM Commercial

(302) 283-1800

Property Details

Property Type Office - General Office
Property Size 21,000 SF
Lot Size 4.18 Acre
Building Class B
Date Updated Apr 9, 2024

Ideal location nestled in the heart of Newark, DE close to the University of Delaware and a wealth of amenities. Main entrance is off Casho Mill Road with a side entrance off South Main Street/Elkton Road.Discover a unique commercial opportunity at 1500 Casho Mill Road in Newark, DE: a sprawling 21,000 square foot office building, previously serving as the headquarters for a major company. Situated on a spacious 4.18-acre lot, this property is an ideal setting for businesses seeking a substantial presence in a prime location. The office building itself is tailored for versatility, catering to a wide range of business needs, from growing startups to established corporations. The main building includes approximately 1,500 SF of warehouse with a roll-up door and 14' ceilings. Alongside the main structure, the property includes a one-story residential structure with office use potential.

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Highlights

Parking: 92 surface spaces

Getting around

46/100
Walk Score ®
68/100
Bike Score ®

City Newark, DE
Zip Code 19711
Market Philadelphia

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

Gordon Winegar

DSM Commercial

(302) 283-1800

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1500 Casho Mill Road, Newark, DE 19711 - Office Space

1500 Casho Mill Road is located at 1500 Casho Mill Road in Newark, DE 19711. This Newark office investment incorporates a total of 21,000 SF of B office space.

Within the same neighborhood, there is a total of 644,853 SF of available office space across 95 office spaces for lease. Including all property building classes and property grades, the average asking office rent per square foot in is $22.07/SF/YR. At zip code level, leasing opportunities currently on the market include 9 office spaces that add up to a total of 103,631 SF. Office building sale prices in average $789,000.

At city level, there are 46 commercial properties, of which 9 are office buildings of 50,000 square feet or larger. Across the market, the average asking office rent per square foot in Newark is $22.07/SF/YR. Specifically, the average office rate for Class B office buildings is $22.14/SF/YR. Office building sale prices in Newark average $789,000.

1500 Casho Mill Road