500 North Wakefield Drive

Off Market

500 North Wakefield Drive, Newark, DE 19702

  • Office
  • General Office
  • 99,360 Sqft

500 North Wakefield Drive, Newark, DE 19702 - Office Space

500 North Wakefield Drive is located at 500 North Wakefield Drive in DE, Newark, 19702. The Class B Office building was completed in 1987 and features a total of 99,360 Sqft.

There are 83 office spaces for lease in the Newark city, totaling 1,075,027 Sqft of available office space. The office space availability for the 19702 zip code is 129,026 Sqft, in 33 office spaces. The average asking office rent per sq. ft. in Newark is $19.26/sqft/year. For Class A office buildings the average office rate is $19.5/sqft/year, for Class B office buildings the average office rate is $18.83/sqft/year.

In Newark, there are 36 class B office buildings. In 1987, the same year 500 North Wakefield Drive was built, 7 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Newark, featuring 1,113,025 square feet of commercial space. At zip code level, there are 54 commercial properties, of which 10 are office buildings over 50,000 square feet.

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Details

  • City Newark
  • Zip Code 19702
  • Market Philadelphia
  • Property Type Office - General Office
  • Property Size 99,360 Sqft
  • 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
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

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.

Newark Demographics

The average household income in zip code 19702 is $99,684, from a total of 19,580 households. In terms of employment, there are 81.48 % white-collar and 18.52 % blue-collar jobs in zip code 19702.

Population

  • Total Population33,448
  • Male Population(46.6 %) 15,595
  • Female Population(53.4 %) 17,853
  • Median Age24.80

Income/Financial

  • Average Household Income$80,868
  • Median Household Income$58,434
  • Median Income Under 25$10,625
  • Median Income 25-44$64,388
  • Median Income 45-64$94,167
  • Median Income Over 65$57,119