Bellevue Park Corporate Center - 400 Bellevue Pkwy - 400 Bellevue Pkwy, Wilmington, DE

Property Type Office - General Office
Property Size 117,277 SF
Lot Size 5.99 Acre
Parking Spaces Avail. 433
Parking Ratio 3.70/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1987

City Wilmington, DE
Neighborhood Wilmington
Zip Code 19809
Market Philadelphia

Contacts

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Owner

True Owner
Registered 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

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Documents

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Sales

Purchase Date 05 Feb, 2014
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Wilmington

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

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Wilmington Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $29.44
2020 Office Vacancy Rate 17.87%
2020 Office Completions (SF)

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Tax

Property Tax in 2021-2022 $186,578
Market Value* $5,274,600
Assessed Value $5,274,600

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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 Bellevue Park Corporate Center - 400 Bellevue Pkwy?

Bellevue Park Corporate Center - 400 Bellevue Pkwy totals 117,277 square feet.

When was this property built?

Bellevue Park Corporate Center - 400 Bellevue Pkwy was built in 1987.

When was Bellevue Park Corporate Center - 400 Bellevue Pkwy last sold?

Bellevue Park Corporate Center - 400 Bellevue Pkwy was last sold on 05 Feb, 2014.

What is the property tax for Bellevue Park Corporate Center - 400 Bellevue Pkwy?

The property tax for Bellevue Park Corporate Center - 400 Bellevue Pkwy in 2021-2022 was $186,578.

What is the market value for Bellevue Park Corporate Center - 400 Bellevue Pkwy?

The market value* for Bellevue Park Corporate Center - 400 Bellevue Pkwy in 2021-2022 was $5,274,600.
*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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