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500 North Wakefield Drive
500 North Wakefield Drive, Newark, DE 19702
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- 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
- City Newark, DE
- Zip Code 19702
- Market Philadelphia
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Newark
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
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)
- Property Tax in 2021-2022 $225,799
- Market Value* $5,582,600
- Assessed Value $5,582,600
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*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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