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Investment Highlights

  • Positioned within a dense concentration of established flex, warehouse, and service users
  • Access to key corporate, manufacturing, and distribution nodes throughout New Castle County
  • Direct connectivity to the Mid-Atlantic’s primary logistics corridor
  • Central Location Between Philadelphia and Southern Delaware Markets

Executive Summary

Positioned within one of Newark’s established industrial corridors, 307 Ruthar Drive presents an opportunity to acquire a ±25,000 SF industrial/flex facility with strong regional accessibility and long-term functionality. The property is well-suited for a variety of users including operational, distribution, service, or investment uses.
Located just minutes from I-95, Route 273, Route 40, and the University of Delaware, the site benefits from convenient connectivity throughout New Castle County, the greater Philadelphia region, and the broader Mid-Atlantic. The surrounding business park environment includes a strong mix of industrial, flex, office, and commercial users, supporting sustained occupancy and operational efficiency.
With immediate access to major distribution routes, proximity to a dense regional labor pool, and placement within a proven industrial setting, 307 Ruthar Drive offers a compelling combination of accessibility, functionality, and long-term market positioning.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,471 SF
Building Class
B
Year Built
2000
Price
$4,250,000
Price Per SF
$189.13
Tenancy
Single
Building Height
1 Story
Typical Floor Size
22,471 SF
Slab To Slab
9’
Building FAR
0.12
Lot Size
4.19 AC
Zoning
I
Parking
135 Spaces (5.5 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Construction
  • -
  • -
  • -

When homeowners need A/C, heating, or plumbing services, they turn to Horizon Services. For nearly 30 years, it has been a trusted name in plumbing, heating, and air conditioning, offering an unmatched level of service at reasonable rates. From Kent County to Northampton to Baltimore County and beyond, Horizon Services proudly serves a wide range of local homeowners with comprehensive A/C, heating, and plumbing services. Its expert technicians can carry out same-day services and next-day installations to ensure that homes remain comfortable year-round. Whether dealing with a serious plumbing problem, a broken air conditioner, or a heating issue, homeowners can rely on Horizon Services for the high-quality service they need at the price they want.

Tenant Industry SF Occupied Rent/SF Lease End
Construction - - -
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
09-016.00-030
Land Assessment
$544,700
Improvements Assessment
$3,687,900
Total Assessment
$4,232,600
  • Listing ID: 40663330

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 307 Ruthar Dr, Newark, DE 19711

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