Suburban Plaza - Home Depot

1000 Suburban Drive, Newark, DE 19711

Off-Market

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  • Property Type Retail - Community Center
  • Property Size 145,061 SF
  • Lot Size 13.07 Acre
  • Property Tenancy Owner Occupied
  • Year Built 2008

Location

  • City Newark, DE
  • Zip Code 19711
  • Market Philadelphia

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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)
View more Newark market trends

Tax

  • Property Tax in 2021-2022 $135,566
  • Market Value* $3,889,000
  • Assessed Value $3,889,000

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 Suburban Plaza - Home Depot?

Suburban Plaza - Home Depot totals 145,061 square feet.

When was this property built?

Suburban Plaza - Home Depot was built in 2008.

What is the property tax for Suburban Plaza - Home Depot?

The property tax for Suburban Plaza - Home Depot in 2021-2022 was $135,566.

What is the market value for Suburban Plaza - Home Depot?

The market value* for Suburban Plaza - Home Depot in 2021-2022 was $3,889,000.
*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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