302-521-7291
150 Red Mill Rd, Newark, DE for Sale
Office - FOR SALE
1/15
null | Request Cap Rate

NEW


150 Red Mill Rd
Newark, DE 19711


HIGHLIGHTS

  • High bay warehouse (24' ceiling height)
  • New roof in 2023 (17 years remaining on warranty)
  • Power: 3,600 amps / 1,500 kVA / 277/480v / 2 transformers (1,800 amps each)
  • 100% air conditioned

OVERVIEW

150 Red Mill Road in Newark, Delaware is a 60,000 square foot office, flex, and lab facility offering both in-place income and significant availability. One tenant provides existing cash flow, while approximately 46,253 square feet remains available, including first-floor lab space formerly used by Lycra for R&D and certified materials testing. The fully air conditioned and sprinklered building features high power, high bay space, two elevators, two shared loading docks, and abundant parking, making it well-suited for a range of users or investors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building A

PROPERTY TYPE

Office

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

222

LAND DETAILS

LAND ACRES

16.71 AC

LAND SF

727,888 SF

ZONING

OR

APN/PARCEL ID

09-016.00-008

ASK ABOUT THIS PROPERTY

Neil KilianNAI Emory Hill Real Estate Services, Inc.More Info
302-521-7291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Neil KilianNAI Emory Hill Real Estate Services, Inc.More Info
302-521-7291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.