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12 Reads Way

121,452 SF Office Building New Castle, DE 19720 $4,750,000 ($39/SF)

Office Space Delaware New Castle 12 Reads Way, New Castle, DE 19720

Investment Highlights

  • 106,878-SF +/- Office Building
  • 3 Floors
  • Close to Wilmington Airport, Interstate I-95, Interstate I-295 and Rt. 273.
  • 874 Parking Spaces
  • 35,600 +/- SF Floor Plate

Executive Summary

• 6.39 +/- Acres
• Zoned BP - Business Park, New Castle County
• Building consists of 106,878 square feet of office space
• Parking deck with 910 parking stalls
• Structural steel frame with brick and glass veneer
• EPDM Roof, installed November 2011 (15-year warranty)
• Wet sprinkler system
• Full building backup generator
• (3) 2,500 lb passenger elevators
• 112 individual water source heat pumps, six rooftop units, 416-ton cooling tower
• Water (Artesian), Sewer (New Castle Co), Electric (Delmarva)

Attachments

12 Reads Way Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
121,452 SF
Building Class
B
Year Built
1987
Price
$4,750,000
Price Per SF
$39
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
35,626 SF
Slab To Slab
10’
Building FAR
0.44
Land Acres
6.39 AC
Zoning
BP - Business Park, New Castle County
Parking
350 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Day Care
  • Fitness Center
  • Property Manager on Site

Links

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12 Reads Way, New Castle, DE - Floor Plan - Image 1
12 Reads Way, New Castle, DE - Floor Plan - Image 2
12 Reads Way, New Castle, DE - Floor Plan - Image 3
12 Reads Way, New Castle, DE - Floor Plan - Image 4
12 Reads Way, New Castle, DE - Floor Plan - Image 5
12 Reads Way, New Castle, DE - Floor Plan - Image 6
12 Reads Way, New Castle, DE - Floor Plan - Image 7

PROPERTY TAXES

Parcel Number 10-013.00-028 Improvements Assessment $6,313,400
Land Assessment $351,500 Total Assessment $6,664,900

PROPERTY TAXES

Parcel Number
10-013.00-028
Land Assessment
$351,500
Improvements Assessment
$6,313,400
Total Assessment
$6,664,900
(847) 444-5770

  • Listing ID: 22680319

  • Date on Market: 4/8/2021

  • Last Updated:

  • Address: 12 Reads Way, New Castle, DE 19720

More public record information on 12 Reads Way, New Castle, DE 19720

The Office Property at 12 Reads Way, New Castle, DE 19720 is currently available For Sale. Contact LMT Commercial Realty, LLC for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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VIDEOS
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12 Reads Way, New Castle, DE for sale Building Photo- Image 1 of 16
Primary Photo
12 Reads Way, New Castle, DE for sale Building Photo- Image 2 of 16
Signage
12 Reads Way, New Castle, DE for sale Building Photo- Image 3 of 16
Exterior
12 Reads Way, New Castle, DE for sale Building Photo- Image 4 of 16
Site Plan
12 Reads Way, New Castle, DE for sale Building Photo- Image 5 of 16
Interior
12 Reads Way, New Castle, DE for sale Building Photo- Image 6 of 16
Commissary
12 Reads Way, New Castle, DE for sale Floor Plan- Image 7 of 16
Sample Floor Plan 1st Floor
12 Reads Way, New Castle, DE for sale Floor Plan- Image 8 of 16
Sample Floor Plan 2nd Floor
12 Reads Way, New Castle, DE for sale Floor Plan- Image 9 of 16
Sample Floor Plan 3rd Floor
12 Reads Way, New Castle, DE for sale Floor Plan- Image 10 of 16
Suite 300-304
12 Reads Way, New Castle, DE for sale Floor Plan- Image 11 of 16
Suite 200-208
12 Reads Way, New Castle, DE for sale Floor Plan- Image 12 of 16
Suite 100-104
12 Reads Way, New Castle, DE for sale Floor Plan- Image 13 of 16
Suite 300
12 Reads Way, New Castle, DE for sale Plat Map- Image 14 of 16
Plat Map
12 Reads Way, New Castle, DE for sale Building Photo- Image 15 of 16
Area Map

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12 Reads Way
(847) 444-5770 x

12 Reads Way

1/2

Alissa Adler

(847) 444-5770

(847) 444-5770

John Homsher, CCIM

(847) 444-5715

(847) 444-5715

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