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Rittenhouse Station 250 S Main St
3,000 - 7,853 SF of 4-Star Retail Space Available in Newark, DE 19711
Highlights
- Up to 8,000 square feet of rentable space perfectly suited for retail or office thanks to the broad area zoning.
- Highly visible location in the heart of Newark just off of South Main Street, which sees nearly 20,000 vehicles per day.
- Quick walk to the University of Delaware Campus where the student body nearly matches the city’s population of permanent residents.
- There are several amenities provided with plentiful on- and off-site parking available for tenants and new business patrons.
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Divisible retail space on the first floor of a major multifamily building in Newark, Delaware.
- Lease rate does not include utilities, property expenses or building services
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 101 | 3,000-7,853 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $11,780 /MO $141,354 /YR | Retail | Full Build-Out | 30 Days |
1st Floor, Ste 101
| Size |
| 3,000-7,853 SF |
| Term |
| Negotiable |
| Rental Rate |
| $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $11,780 /MO $141,354 /YR |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 101
| Size | 3,000-7,853 SF |
| Term | Negotiable |
| Rental Rate | $18.00 /SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | 30 Days |
Divisible retail space on the first floor of a major multifamily building in Newark, Delaware.
- Lease rate does not include utilities, property expenses or building services
PROPERTY FACTS FOR 250 S Main St , Newark, DE 19711
| No. Units | 100 | Apartment Style | Low Rise |
| Min. Divisible | 3,000 SF | Building Size | 54,000 SF |
| Property Type | Multifamily | Year Built | 2013 |
| Property Subtype | Apartment |
| No. Units | 100 |
| Min. Divisible | 3,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Size | 54,000 SF |
| Year Built | 2013 |
About the Property
Discover a highly adaptable retail and office space on the ground floor of Rittenhouse Station, an off-campus multifamily building for the University of Delaware. The flexible space comprises nearly 8,000 square feet that can be demised to house multiple tenants. A wide net of businesses would be perfect for this locale including shops, entertainment, retailers, office users, and beyond. Because of the built-in student base above, many different businesses can take advantage of this prime space and monetize. Newark is the ideal place for retail and office largely due to the area's demographics. The population is on a steady rise with high household incomes in a 10-mile radius exceeding $106,000 annually. In addition, the area has a noteworthy and robust spending power of $4.88 billion annually. The University of Delaware, with over 23,000 total students enrolled, also plays well into area statistics. One of the country's oldest universities, the University of Delaware provides its undergraduates with access to 150 majors and minors and outstanding research opportunities thanks new research labs in different areas that are being started each year. Newark is home to an eclectic mix of restaurants and nightlife venues dotting Main Street. Seeing over 20,000 vehicles per day, this area is heavily trafficked by students as well as the local population. Several local and national retailers line Main Street including 7-Eleven, Sunoco, restaurants, bars, and more. The ground-floor space at 250 S Main Street presents tenants with an excellent place for see their business thrive.
Features and Amenities
- Clubhouse
- Fitness Center
- Playground
- Basketball Court
- Furnished Units Available
- Gameroom
- Volleyball Court
- Study Lounge
Marketing Brochure
DEMOGRAPHICS
Demographics
Nearby Major Retailers
Leasing Agent
Leasing Agent
Richard Dudek, Senior Associate
Rich built his practice by working with established local, regional and national companies in New Castle, Kent and Sussex Counties in Delaware; Chester County in Pennsylvania and Cecil County in Maryland. He consistently ranks a top performing broker in Delaware. He enjoys advising owner operators and first-time buyers of commercial properties. He navigates them through the pitfalls and makes sure they have the right team in place to get a commercial real estate transaction across the finish line.
Rich earned a Bachelor of Arts in Marketing from the University of Delaware in 2003 and is a native of Hockessin, Delaware. He is a member of the Caesar Rodney Rotary Club, past board member of Goodwill of Delaware and Delaware County and is currently an active SIOR.
Rich’s primary goal with every new assignment is not to do a single transaction, but to gain a commercial real estate client for life.
About the Owner
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Richard Dudek -
NAI Emory Hill
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Rittenhouse Station | 250 S Main St
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