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Newark Shopping Center 230 E Main St 1,200 - 19,568 SF of Space Available in Newark, DE 19711
HIGHLIGHTS
- Very close proximity to University of Delaware (23,000+ students)
- Over 21,000 ADT on East Main St & Cleveland Ave
- Excellent access and visibility
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 18 | 7,364 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 23 | 3,956 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 25 | 1,488 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 4 | 3,160 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 8 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
600-628 Newark Shopping Ctr - 1st Floor
Second Generation Noodle shop
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
230 W Main St - 1st Floor - Ste 18
Rare opportunity to rent this location and start your concept in a high-visibility location with ample parking in the Newark - University of Delaware area. Facilities include the main dining area, large kitchen with two hoods, 2,000+ SF basement (not in main square footage).
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Formerly a Brazilian steakhouse
- Site is approved for a 7-day liquor license
- Dining for 290 guests
230 W Main St - 1st Floor - Ste 23
Former Orange Theory
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
230 E Main St - 1st Floor - Ste 25
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- Space is in Excellent Condition
230 E Main St - 1st Floor - Ste 4
former yoga
- Fully Built-Out as Specialty Space
- Located in-line with other retail
600-628 Newark Shopping Ctr - 1st Floor - Ste 8
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT NEWARK SHOPPING CENTER
- Newark Natural Foods
PROPERTY FACTS
| Total Space Available | 19,568 SF | Center Properties | 5 |
| Center Type | Community Center | Gross Leasable Area | 174,810 SF |
| Parking | 734 Spaces | Total Land Area | 27.58 AC |
| Stores | 47 | Year Built | 1955 |
| Total Space Available | 19,568 SF |
| Center Type | Community Center |
| Parking | 734 Spaces |
| Stores | 47 |
| Center Properties | 5 |
| Gross Leasable Area | 174,810 SF |
| Total Land Area | 27.58 AC |
| Year Built | 1955 |
ABOUT THE PROPERTY
Right next to University of Delaware! Uniquely positioned to capitalize on strong traffic counts and pedestrian traffic.
- Signage
NEARBY MAJOR RETAILERS
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Newark Shopping Center | 230 E Main St
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