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The Millyard 100 S Main St
1,170 - 2,340 SF of Office/Retail Space Available in Newark, DE 19711
Highlights
- 2,340 +/- SF commercial space available for lease – currently used as office space, but would also be an ideal retail space
- Residential apartments above commercial space
- Convenient S Main Street location
- Current tenants include Buffalo Wild Wings
- Outdoor patio on side of building off of South Main Street
- Dedicated parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 108/109 | 1,170-2,340 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $4,875 /MO $58,500 /YR | Triple Net (NNN) |
1st Floor, Ste 108/109
Prime commercial property nestled in the heart of the vibrant city of Newark, Delaware. Boasting a striking brick façade, this 12,000 square foot building exudes charm and character, offering an ideal setting for a variety of businesses. Within this space, an approximately 2,340 square foot office suite (comprising suites 108 and 109) awaits its next occupant. Whether you envision a dynamic office environment, a trendy retail outlet, or a bustling restaurant, the possibilities are endless. With its adaptable layout, this space can be tailored to suit your specific business needs, fostering creativity and innovation. Joining you in this locale is the Buffalo Wild Wings, adding to the dynamic atmosphere of the area. Upstairs, residential apartments provide a convenient and vibrant community backdrop, ensuring a steady flow of foot traffic and potential customers. With its strategic location, 100 South Main Street enjoys exceptional exposure and accessibility, benefiting from the bustling energy of Newark and the thriving University of Delaware population. The property's location makes it an enticing prospect for businesses seeking to capitalize on the area's vibrant commercial landscape. The available property offers the opportunity for flexible division into two distinct storefronts, providing potential for customization. Whether you're seeking office space, a retail outlet, or a restaurant location, 100 South Main Street presents a wonderful opportunity to establish your business in one of Newark's most coveted locations.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 3 - 19 People
- 2 Private Offices
- 1 Conference Room
- Central Air Conditioning
- Reception Area
- Kitchen
- 2,340 SF prime commercial space
- May be demisable into two storefront suites
- Outdoor patio on side of building off of S Main
- Site of former Main Street
- Ample parking
- End Cap 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.
SITE PLAN
SELECT TENANTS AT The Millyard
- Tenant
- Description
- US Locations
- Reach
- Buffalo Wild Wings
- Restaurant
- 1,662
- International
| Tenant | Description | US Locations | Reach |
| Buffalo Wild Wings | Restaurant | 1,662 | International |
PROPERTY FACTS FOR 100 S Main St , Newark, DE 19711
| Min. Divisible | 1,170 SF | Gross Leasable Area | 9,000 SF |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 3.89/1,000 SF |
| Min. Divisible | 1,170 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,000 SF |
| Year Built | 2006 |
| Parking Ratio | 3.89/1,000 SF |
About the Property
Welcome to The Millyard, an exceptional commercial property in the heart of Newark at 100 South Main Street. Offering 2,340 +/- SF of versatile commercial space, this prime location is currently utilized as office space but would also serve as an ideal retail space. The building boasts a total of 9,000 SF and is home to Buffalo Wild Wings. Benefit from the built-in customer base provided by the residential apartments situated above the commercial space, and proximity of University of Delaware. Located on the former site of Grainery Station, The Millyard retains a touch of historic charm with its beautiful brick building. *** Please see link below for video tour *** Situated in a convenient Main Street location, The Millyard offers excellent visibility and accessibility, along with the convenience of dedicated parking, making it easy for customers and clients to visit. Whether you are looking to establish a new retail venture or seeking an attractive office space, The Millyard provides a dynamic and inviting environment. Discover the potential for your business at The Millyard and become a part of this thriving community.
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
-
Alissa Cirillo -
Lang Development Group
Presented by
The Millyard | 100 S Main St
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