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500 North Wakefield Drive
Off-Market
500 North Wakefield Drive, Newark, DE 19702
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 99,360 SF
- Lot Size 8.51 Acre
- Parking Spaces Avail. 317
- Parking Ratio 3.20/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1987
False
Location
- City Newark, DE
- Zip Code 19702
- Market Philadelphia
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Newark
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Asking Rents in Newark Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $22.28
- 2020 Office Vacancy Rate 11.41%
- 2020 Office Completions (SF)
Tax
- Property Tax in 2021-2022 $225,799
- Market Value* $5,582,600
- Assessed Value $5,582,600
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 500 North Wakefield Drive?
500 North Wakefield Drive totals 99,360 square feet.
When was this property built?
500 North Wakefield Drive was built in 1987.
What is the property tax for 500 North Wakefield Drive?
The property tax for 500 North Wakefield Drive in 2021-2022 was $225,799.
What is the market value for 500 North Wakefield Drive?
The market value* for 500 North Wakefield Drive in 2021-2022 was $5,582,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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