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Industrial Complex or Potential Redevelopment 1340-1400 E 12th St 330,000 SF Industrial Building Wilmington, DE 19802 For Sale

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Investment Highlights

330,000SF heavy industrial complex on 9.75 acres.
M2/W1 split zoning offering potential redevelopment heights of 72ft to 90ft.
Immediate access to I-495; located near the Port of Wilmington, the proposed Delaware Container Terminal, and a 1,843MW power generating station.

Rail service on-site and into the building by Norfolk Southern.
Significant power on-site (9,413kVa at 11,000 volts).
100% impervious lot coverage - 77% FAR.

Executive Summary

1340-1400 E 12th St, Wilmington, DE 19802 is a 330,000SF heavy industrial complex on 9.75 acres zoned General Industrial (M2) & Waterfront Manufacturing (W1) located in the City of Wilmington immediately off Interstate 495. The facility is suited with intense in-place infrastructure; approximately 9MW of power and rail service on-site into the facility served by Norfolk Southern. Zoning permits by-right development heights of 72' - 90' and the property currently has approximately 100% impervious lot coverage with an FAR of approximately 77%. Additionally, the site is in immediate proximity to the Port of Wilmington, the new proposed Delaware Container Terminal, and a 1,843MW power generating station.

1340-1400 E 12th Street Brochure

Property Facts

Sale Type	Investment or Owner User	No. Stories	1
Property Type	Industrial	Year Built	1940
Property Subtype	Manufacturing Industrial Warehouse	No. Dock-High Doors/Loading	3
Building Class	C	No. Drive In / Grade-Level Doors	13
Lot Size	9.75 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	330,000 SF
Zoning	W1/M2 - Waterfront Manufacturing and General Industrial.

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Manufacturing Industrial Warehouse
Building Class	C
Lot Size	9.75 AC
Rentable Building Area	330,000 SF
No. Stories	1
Year Built	1940
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	13
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	W1/M2 - Waterfront Manufacturing and General Industrial.