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500 Biddle Ave 55,950 SF 11% Leased Office Building Newark, DE 19702 $2,500,000 ($44.68/SF)

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EXECUTIVE SUMMARY

Sale is Approved and Improved Office Building Pad Site. 50,000 BSF , two story building. Subdivided / Separate Parcel. Adjacent parcel , 400 Biddle Avenue also available for additional 50,000 BSF. Total 100,000 possible.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
55,950 SF
Building Class
B
Year Built
2027
Construction Status
Proposed
Price
$2,500,000
Price Per SF
$44.68
Percent Leased
11%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
25,000 SF
Building FAR
0.17
Lot Size
7.35 AC
Zoning
OR - designed to accommodate office buildings, research facilities, and related uses.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 25,000 SF
  • Office
  • Shell Space
  • To Be Determined
  • 2nd Floor
  • 25,000 SF
  • Office
  • Shell Space
  • To Be Determined
Space Size Space Use Condition Available
1st Floor 25,000 SF Office Shell Space To Be Determined
2nd Floor 25,000 SF Office Shell Space To Be Determined

1st Floor

Size
25,000 SF
Space Use
Office
Condition
Shell Space
Available
To Be Determined

2nd Floor

Size
25,000 SF
Space Use
Office
Condition
Shell Space
Available
To Be Determined

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-026.00-175
Land Assessment
$202,500
Improvements Assessment
$0
Total Assessment
$202,500
  • Listing ID: 18271804

  • Date on Market: 1/23/2020

  • Last Updated:

  • Address: 500 Biddle Ave, Newark, DE 19702

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