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2032-2034 New Castle Ave 11,976 - 19,766 SF of Retail Space Available in New Castle, DE 19720
Highlights
- Located on New Castle Avenue, a major corridor with strong daily traffic counts.
- Excellent access to I-95, I-295, and Route 9 enhancing regional connectivity.
- Flexible retail spaces ranging up to 19,766 SF available for immediate lease.
- Pylon signage opportunity offers maximum exposure to passing vehicles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,976-19,766 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
2032-2034 New Castle Avenue presents a premier retail opportunity strategically situated along one of New Castle’s key commercial corridors. Offering up to 19,766 square feet of flexible retail space, this property provides strong visibility and convenient accessibility for tenants seeking to serve both local and regional markets. The site benefits from its direct frontage on New Castle Avenue (Route 9), a heavily traveled artery delivering consistent traffic and connectivity to surrounding neighborhoods, major business districts, and Downtown Wilmington. The property is exceptionally drivable and offers ample on-site parking supported by a pylon sign for maximum exposure. The area features a robust mix of residential, business, and light industrial uses, creating a dynamic consumer base. Located within close proximity to major roadways including I-295, I-95, and Delaware Route 9, tenants will enjoy ease of access to the entire New Castle County region and beyond. This is a prime location for regional retailers, service businesses, or specialty users looking for a high-visibility footprint in an established trade area.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 19,766 SF | Property Subtype | Drug Store |
| Min. Divisible | 11,976 SF | Gross Leasable Area | 19,766 SF |
| Property Type | Retail | Year Built | 1965 |
| Total Space Available | 19,766 SF |
| Min. Divisible | 11,976 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 19,766 SF |
| Year Built | 1965 |
About the Property
2032-2034 New Castle Avenue is a retail property comprised of contiguous spaces along a primary corridor in New Castle, Delaware. It is positioned near the intersection with major roadways that provide access to I-295, I-95, and the Wilmington metro area. The surrounding land use includes a combination of residential and commercial properties. On-site parking and pylon signage are available to support tenant operations.
- Pylon Sign
Contact the Leasing Agent
2032-2034 New Castle Ave