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Abby Court 160 E Main St
2,052 - 4,606 SF of Space Available in Newark, DE 19711
Highlights
- PRIME LOCATION: Main Street frontage in the heart of downtown Newark, with close proximity to University of Delaware
- CUSTOMIZABLE: approximately 4,606 total sq ft retail/offi ce space, divisible into 2,554 sf and 2,052 sf.
- EASY ACCESS: Mixed use retail/office suites available are located on the first floor, front portion of the space
- PARKING: On-site visitor and employee parking
- HEAVY FOOT TRAFFIC: Amid the bustle of East Main Street, adjacent to Klondike Kates and Iron Hill Brewery
- NATURAL LIGHT: Suite boasts numerous windows for natural light
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,052 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $5,985 /MO $71,820 /YR | Triple Net (NNN) | ||
| 1st Floor | 2,554 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $7,449 /MO $89,390 /YR | Triple Net (NNN) |
1st Floor
Mixed use retail/office suites available in the heart of Main St. in downtown Newark, with close proximity to University of Delaware. Comes with on site parking. Prime location on Main St. that generates lots of foot traffic. Available with NNN lease.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 4,606 SF of adjacent space
1st Floor
Front section of the space facing Main Street is available for lease. Terms are triple net.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 4,606 SF of adjacent 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.
PROPERTY FACTS FOR 160 E Main St , Newark, DE 19711
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront | Parking Ratio | 0.75/1,000 SF |
| Gross Leasable Area | 14,672 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 14,672 SF |
| Year Built | 2005 |
| Parking Ratio | 0.75/1,000 SF |
About the Property
Discover the epitome of customizable commercial space with this prime listing on Main Street in the vibrant heart of downtown Newark, Delaware. Spanning approximately 4,606 total square feet, this retail/office gem offers flexibility, conveniently divisible into two distinct spaces of 2,554 square feet and 2,052 square feet. This prime locale enjoys Main Street frontage, ensuring maximum visibility and foot traffic, especially with its close proximity to the University of Delaware. Situated adjacent to popular destinations such as Klondike Kate's and Iron Hill Brewery, this address promises a bustling atmosphere ripe for business success. Ideal for mixed-use purposes, the retail/office suites occupy the front of the first floor, offering accessibility and convenience. Boasting an abundance of windows, natural light floods the space, creating an inviting ambiance conducive to productivity and creativity. With the added convenience of on-site employee and visitor parking, accessibility is prioritized, ensuring a seamless experience for all clientele. Don't miss the opportunity to make your mark in this dynamic location where potential meets possibility. *** Watch Video Tour in Links ***
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Abby Court | 160 E Main St
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