Retail Space Lease Types in New Castle, DE
The most common type of lease agreement you’ll find here is NNN, with 4 space(s) available under this type of arrangement.
The local market is also home to 1 retail space(s) offered under a Modified Gross lease agreement type.
Most Common Type of Lease for Retail Buildings in New Castle, DE
Average Size of Retail Space for Lease in New Castle, DE
The average size for this type of rental opportunity in New Castle is more than 5,000 sqft. Currently, the local market offers 7 listing(s) within that size range.
You can also search 7 listing(s) in the 1,000 sqft to 2,500 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in New Castle, DE
Retail space in New Castle comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Street Retail and you can find 2 such space(s) available.
Street Retail spaces listed for rent here have an average size of 2,385 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
The local market is also home to 1 space(s) listed as Freestanding. The average size you can expect to find for this category is 10,760 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.
What’s more, you can find 1 listing(s) in the Community Center category, currently available in the average size of 6,368 square feet. Community centers can incorporate grocery stores, discount department stores, large drugstores, and more. They’re meant to offer one-stop-shop convenience for residents of the surrounding area, so consider the local customer base when looking to lease a community center space.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
807 Churchmans Rd Ext, New Castle, DESpace Type
287 Christiana Road, New Castle, DE
135 Christiana Rd, New Castle, DESpace Type
2064 New Castle Avenue, New Castle, DE
2160 New Castle Ave, New Castle, DE
236-240 S. DuPont Highway, New Castle, DE
1509 N. Dupont Highway, Wilmington Manor, New Castle, DE
501 E Basin Rd, New Castle, DE
100 University Plaza, Newark, DE
1201 Churchmans Road, Newark, DE
1109 Churchman's Road, Newark, DE
162 S Broadway, Pennsville, NJ