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Highlights

  • Ample Parking: 60 spaces
  • Frontage: 204' (New Castle Avenue)
  • Units 3 & 4 can be combined into one larger space
  • Traffic Counts: 15,969 VPD
  • Strategic location, high visibility and easy access
  • Ideal setting to thrive and grow your business!

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Unit 3
  • 1,300 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Modified Gross
Space Use
Retail
Build-Out
Partial Build-Out
Availability
30 Days

Featuring two units that can be demised or combined into one larger space, this versatile property provides flexibility to suit your various business needs. Whether you're a restaurant, boutique, or a service-oriented establishment, Platform Plaza offers the ideal setting to thrive and grow your business.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,300 SF of adjacent space
  • 1st Floor, Ste Unit 4
  • 2,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Modified Gross
Space Use
Retail
Build-Out
Partial Build-Out
Availability
30 Days

Featuring two units that can be demised or combined into one larger space, this versatile property provides flexibility to suit your various business needs. Whether you're a restaurant, boutique, or a service-oriented establishment, Platform Plaza offers the ideal setting to thrive and grow your business.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,300 SF of adjacent space
  • Wide Open Space
Space Size Term Rental Rate Rent Type
1st Floor, Ste Unit 3 1,300 SF Negotiable Upon Request Upon Request Upon Request Upon Request Modified Gross
1st Floor, Ste Unit 4 2,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Modified Gross

1st Floor, Ste Unit 3

Size
1,300 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Partial Build-Out
Availability
30 Days

Featuring two units that can be demised or combined into one larger space, this versatile property provides flexibility to suit your various business needs. Whether you're a restaurant, boutique, or a service-oriented establishment, Platform Plaza offers the ideal setting to thrive and grow your business.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,300 SF of adjacent space

1st Floor, Ste Unit 4

Size
2,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Partial Build-Out
Availability
30 Days

Featuring two units that can be demised or combined into one larger space, this versatile property provides flexibility to suit your various business needs. Whether you're a restaurant, boutique, or a service-oriented establishment, Platform Plaza offers the ideal setting to thrive and grow your business.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,300 SF of adjacent space
  • Wide Open Space

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 3,300 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 10,514 SF
Year Built 1983
Parking Ratio 5.71/1,000 SF

About the Property

Platform Plaza – Retail Space Available Platform Plaza presents an excellent opportunity for retailers, restaurants, medical users, and professional service businesses seeking a highly visible location along New Castle Avenue. With flexible floor plans, strong traffic exposure, and generous on-site parking, the center offers an ideal setting for businesses looking to establish or expand their presence in the market. Whether you're launching a new concept or relocating an existing business, Platform Plaza provides versatile spaces that can be tailored to fit your operational needs. Property Highlights: Three spaces currently available from 1,486 SF to 1,877 SF Lease Rate: $14.00/SF + CAM Unit 5 includes an existing restaurant build-out with commercial hood in place Unit 4 delivered in vanilla shell condition, ready for tenant improvements Unit 3 features an existing office layout with flexible conversion potential Over 60 parking spaces available for customers and employees Approximately 204 feet of frontage on New Castle Avenue Traffic counts exceeding 15,900 vehicles per day Excellent visibility with pylon signage Convenient access to major highways and surrounding residential neighborhoods Suitable for retail, restaurant, medical, office, fitness, and service-oriented businesses

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 41192965

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 3125 New Castle Ave, New Castle, DE 19720

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