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Rittenhouse Station 250 S Main St 3,000 - 7,853 SF of 4-Star Office/Retail Space Available in Newark, DE 19711
Highlights
- Rittenhouse Station offers nearly 8,000 square feet of commercial space with broad area zoning, ideal for a variety of retail and office uses.
- Within walking distance to the University of Delaware campus, where the student body nearly matches the city's permanent resident population.
- Capitalize on a highly visible location in the heart of Downtown Newark, just off South Main Street, which sees nearly 20,000 vehicles per day.
- Perfect for shops, entertainment, and office tenants, paired with plentiful on- and off-site parking for employees and new business patrons.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Position your business at Rittenhouse Station in a high-visibility Newark location near the University of Delaware. Offering up to 7,853 square feet of subdividable retail space, this property provides flexibility for concepts such as cafés, boutique fitness, service retail, or fast casual dining. The site benefits from a built-in customer base with more than 100 on-site residential units and a steady influx of students, faculty, and staff from the nearby university. Located minutes from Main Street Newark and central campus, the property ensures excellent walkability and strong daily foot traffic. Tenants will appreciate ample on-site parking, convenient ingress and egress, and quick access to major routes including I-95, Route 273, and Route 4. This opportunity places your business in Newark’s vibrant and expanding retail corridor, delivering exposure to a diverse and active consumer base.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 101 | 3,000-7,853 SF | 7-10 Years | $17.50 /SF/YR $1.46 /SF/MO $137,428 /YR $11,452 /MO | Office/Retail | Partial Build-Out | 30 Days |
1st Floor, Ste 101
| Size |
| 3,000-7,853 SF |
| Term |
| 7-10 Years |
| Rental Rate |
| $17.50 /SF/YR $1.46 /SF/MO $137,428 /YR $11,452 /MO |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 101
| Size | 3,000-7,853 SF |
| Term | 7-10 Years |
| Rental Rate | $17.50 /SF/YR |
| Space Use | Office/Retail |
| Build-Out | Partial Build-Out |
| Available | 30 Days |
Position your business at Rittenhouse Station in a high-visibility Newark location near the University of Delaware. Offering up to 7,853 square feet of subdividable retail space, this property provides flexibility for concepts such as cafés, boutique fitness, service retail, or fast casual dining. The site benefits from a built-in customer base with more than 100 on-site residential units and a steady influx of students, faculty, and staff from the nearby university. Located minutes from Main Street Newark and central campus, the property ensures excellent walkability and strong daily foot traffic. Tenants will appreciate ample on-site parking, convenient ingress and egress, and quick access to major routes including I-95, Route 273, and Route 4. This opportunity places your business in Newark’s vibrant and expanding retail corridor, delivering exposure to a diverse and active consumer base.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
About the Property
Discover highly adaptable retail and office space on the ground floor of Rittenhouse Station, an off-campus multifamily building for the University of Delaware. The flexible space contains nearly 8,000 square feet that can be divided to house multiple tenants. A wide range of businesses are perfect for this location, including shops, entertainment, retailers, office users, and beyond. Many businesses can capitalize on this prime space and tap into the built-in student base on the upper floors. Newark, Delaware, is ideal for retail and office users mainly because of the area's demographics. The surrounding population is steadily rising, with household incomes in a 10-mile radius exceeding $106,000 annually. In addition, the area has a noteworthy and robust spending power of $4.88 billion annually. The University of Delaware, with over 23,000 students enrolled, also plays well in these statistics. One of the country's oldest universities, the University of Delaware provides undergraduates access to 150 majors and minors, outstanding research opportunities, and new research labs across different areas of study. Main Street in Downtown Newark boasts an eclectic mix of restaurants and nightlife venues. This bustling area sees over 20,000 vehicles daily, attracting students and the local population. Several regional and national retailers line the street, including 7-Eleven, Sunoco, restaurants, bars, and more. The ground-floor space at 250 S Main Street gives tenants an excellent place for their business to thrive.
Property Facts
| Total Space Available | 7,853 SF | Property Subtype | Apartment |
| No. Units | 100 | Apartment Style | Low-Rise |
| Min. Divisible | 3,000 SF | Building Size | 152,473 SF |
| Property Type | Multifamily | Year Built | 2012 |
| Total Space Available | 7,853 SF |
| No. Units | 100 |
| Min. Divisible | 3,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 152,473 SF |
| Year Built | 2012 |
Marketing Brochure
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| B.b.q Chicken | - | - | 6 min walk |
| Pat's Family Restaurant | - | - | 5 min walk |
| Buffalo Wild Wings | - | - | 7 min walk |
| Chick-Fil-A | - | - | 14 min walk |
Retail |
||
|---|---|---|
| Rite Aid | Drug Store | 3 min walk |
| Anytime Fitness | Fitness | 3 min walk |
| 7-Eleven | Convenience Market | 4 min walk |
| PNC Bank | Bank | 14 min walk |
| The UPS Store | Business/Copy/Postal Services | 17 min walk |
Hotels |
|
|---|---|
| Hyatt Place |
104 rooms
4 min drive
|
| Courtyard |
126 rooms
4 min drive
|
| Candlewood Suites |
101 rooms
5 min drive
|
| Embassy Suites by Hilton |
155 rooms
5 min drive
|
| Homewood Suites by Hilton |
91 rooms
5 min drive
|
About the Owner
Other Properties in the BLUE VISTA Portfolio
Leasing Team
Leasing Team
Joseph Latina, Managing Principal
Joe has extensive knowledge in the real estate development and investment sector, having assisted numerous clients in the evaluation, buying and selling of income-producing investment real estate and development land. Originally a specialist in the food and beverage sector, Joe has participated in or closed numerous transactions involving commercial and retail properties, office, industrial and industrial flex properties valued at over $750 million.
Born into a family restaurant business, he is the region’s leading restaurant and bar broker and site location specialist and has completed over 300 restaurant and bar transactions. Joe has successfully represented a wide variety of businesses from sandwich shops to fine dining restaurants, neighborhood grills, nightclubs and liquor stores by facilitating lease, buy or sell agreements. He also assists clients in obtaining liquor licenses and business licenses. His work has supported independent operators as well as national companies in site selection, business valuation, leasing and real estate acquisitions. Joe recently served as the President of CORFAC International and was a member of its executive committee for several years prior to his leadership post.
Tyler Foresta, Sales & Leasing
While mostly focused on retail and industrial asset classes in the past, Tyler has worked in all aspects of the business among different industry sectors and projects.
Tyler grew up working at his family-owned restaurant Mary’s Kountry Kitchen in Stanton and has over two years’ experience working as an executive sous chef, front of house food and beverage manager, wedding sales manager, and event planner/coordinator at Villanova Conference Center and Wharton’s Steinberg Conference center with Aramark.
Coming from a strong customer service background and whether buying, selling, or leasing commercial real estate, Tyler provides clients with the special attention one expects of a dedicated commercial real estate professional. His enthusiasm, attention to detail, and organizational skills prove him to be a strong advocate for his clients to accomplish their goals.
Tyler was born and raised in Delaware.
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Rittenhouse Station | 250 S Main St
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