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118 Lukens DrNew Castle, DE 19720

For Lease
$18/SF/YR

43,000 SF Single-Tenant Office, Delaware

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 43,000-square-foot, single-story executive office building presents a unique investment opportunity in New Castle, Delaware. Situated on an expansive 11.49-acre lot within the Riveredge Park, this Class C property boasts stunning views of the Delaware Memorial Bridge. Built in 1999, the building currently features a flexible, open floor plan, previously configured as a call center. The property's strategic location offers unparalleled access to major transportation arteries, including I-95, 495, 295, SR1, and SR13, providing convenient commutes to Wilmington (five minutes), Philadelphia (30 minutes), Baltimore/DC (one hour), and New York City (two hours). Ample parking is available with 351 spaces (an 8:1,000 ratio). The building is zoned IOP (Industrial Office Park) and features a robust 600 KW, 480V Generac backup generator, ensuring uninterrupted operations. Further enhancing its potential, the building's design allows for expansion by an additional 40,000 square feet, presenting significant growth opportunities. The property is located within the city limits of New Castle and has the APN 21-002.00-062. This is a truly remarkable opportunity to acquire a substantial, well-located office building with significant expansion potential.

Property Details for 118 Lukens Dr

Property type
Other office properties, Office properties
RSF (Rentable sq. ft)
43,000 SF
Class
C
Year Built
1999
Stories
1

Unit(s) available at that property

Space
Available Space
Size
43,000 SF
Rate per SF
$18

Location Insight

City
New Castle
County
New Castle
State
Delaware
Latitude
39.6858229
Longitude
-75.5446831
118 Lukens Dr, New Castle, Delaware

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Contacts

Jeff Shahan, SIOR
Jeff Shahan, SIOR
Visit Broker Website

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118 Lukens Dr, New Castle, Delaware, 19720

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

118 Lukens Dr
  • Jeff Shahan, SIOR
    Jeff Shahan, SIOR
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