New Castle, DE Commercial Real Estate for Lease - 39 Listings

Airport Business Center / 245 Quigley Blvd

245 Quigley Blvd, New Castle, DE
Property

Industrial

34,751 SF
Availability

1 Space

3,510 SF
For Lease

$10.00/SF/YR
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Delaware Logistics Center Building 1

2421 Bear Corbitt Road, New Castle, DE
Property

Industrial

577,829 SF
Availability Contact for availability
Year Built

2020
For Lease Contact for pricing
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6 Bellecor Dr

6 Bellecor Dr, Wilmington Manor, New Castle, DE
Property

Industrial

42,500 SF
Availability

1 Space

15,000 SF
Year Built

1983
For Lease

$12.50/SF/YR
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3 McCullough Drive, New Castle, DE

3 McCullough Drive, New Castle, DE
Property

Industrial

27,313 SF
Availability

1 Space

27,313 SF
For Lease

$12.00/SF/YR
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Creekwood Corporate Center

900 West Basin Road, New Castle, DE
Property

Office

78,800 SF
Availability

3 Spaces

13,915 SF
Year Built

1984
For Lease Contact for pricing
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Penn Mart Shopping Center

1 Penn Mart Shopping Center, New Castle, DE
Property

Retail

146,000 SF
Availability

7 Spaces

30,269 SF
Year Built

1991
For Lease

$20.00/SF/YR
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Riveredge Park - 91 A Lukens Drive, New Castle, DE

91 A Lukens Drive, New Castle, DE
Property

Office

20,155 SF
Availability

1 Space

4,699 SF
Year Built

1983
For Lease

$14.00/SF/YR
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School: 801 N DuPont Highway

801 N DuPont Highway, Wilmington Manor, New Castle, DE
Property

Other

50,000 SF
Availability

1 Space

51,000 SF
For Lease Contact for pricing
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77 McCullough Drive

77 McCullough Drive, New Castle, DE
Property

Industrial

63,700 SF
Availability

1 Space

9,800 SF
For Lease Contact for pricing
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Churchman's Corporate Center

84 Christiana Road, New Castle, DE
Property

Office

249,157 SF
Availability

1 Space

68,073 SF
Year Built

1972
For Lease Contact for pricing
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79 Christiana Rd, New Castle, DE

79 Christiana Rd, New Castle, DE
Property

Industrial

7,500 SF
Availability

1 Space

7,500 SF
Year Built

1979
For Lease

$12.50/SF/YR
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118 Lukens Dr. New Castle, DE

118 Lukens Dr, New Castle, DE
Property

Office

43,000 SF
Availability

1 Space

43,000 SF
Year Built

1999
For Lease

$18.00/SF/YR
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13/40 Building

240 S. DuPont Highway, New Castle, DE
Property

Retail

38,669 SF
Availability

5 Spaces

26,804 SF
Year Built

1973
For Lease Contact for pricing
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Delaware Logistics Center Building 4

794 School House Road, New Castle, DE
Property

Industrial

207,294 SF
Availability Contact for availability
Year Built

2021
For Lease Contact for pricing
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Crossroads Shopping Plaza

2064 New Castle Avenue, New Castle, DE
Property

Retail

91,435 SF
Availability

5 Spaces

60,969 SF
Year Built

1961
For Lease Contact for pricing
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23 Parkway Circle

23 Parkway Circle, New Castle, DE
Property

Industrial

15,644 SF
Availability

1 Space

1,000 SF
Year Built

1992
For Lease

$12.50/SF/YR
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1550 Matassino Rd, New Castle, DE

1550 Matassino Rd, New Castle, DE
Property

VacantLand

15,578 SF
Availability

1 Space

163,350 SF
Year Built

2007
For Lease

$3,500.00/SF/MO
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807 Churchmans Rd Ext

807 Churchmans Rd Ext, New Castle, DE
Property

Retail

15,300 SF
Availability

1 Space

7,850 SF
Year Built

1983
For Lease

$18.00/SF/YR
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415 Old Airport Road

415 Old Airport Road, New Castle, DE
Property

Industrial

2,645 SF
Availability

1 Space

2,645 SF
Year Built

1983
For Lease

$13,300.00/MO
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78 Southgate Blvd

78 Southgate Blvd, New Castle, DE
Property

Industrial

26,109 SF
Availability

1 Space

19,200 SF
Year Built

1987
For Lease

$14.00/SF/YR
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277-283 Christiana Rd

277-283 Christiana Rd, New Castle, DE
Property

VacantLand
Availability

1 Space

290,109 SF
For Lease

$40.00/SF/YR
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400 Anchor Mill Road

400 Anchor Mill Road, New Castle, DE
Property

Industrial

83,850 SF
Availability

1 Space

83,850 SF
Year Built

2002
For Lease Contact for pricing
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399 Churchmans Road

399 Churchmans Road, New Castle, DE
Property

Industrial

112,535 SF
Availability

1 Space

119,893 SF
Year Built

1983
For Lease Contact for pricing
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101 A Lukens Dr, New Castle, DE

101 A Lukens Dr, New Castle, DE
Property

Office

45,158 SF
Availability

1 Space

20,000 SF
Year Built

1983
For Lease

$18.00/SF/YR
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Community Plaza

287 Christiana Road, New Castle, DE
Property

Retail

88,188 SF
Availability

5 Spaces

18,445 SF
Year Built

1973
For Lease Contact for pricing
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Delaware Logistics Center Building 2

2411 Bear Corbitt Road, New Castle, DE
Property

Industrial

217,748 SF
Availability Contact for availability
Year Built

2020
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The New Castle commercial real estate market incorporates 702,798 square feet of office space across 14 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The New Castle commercial real estate market includes 447,315 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the New Castle market, there is a total of 4,610,822 square feet of industrial property.

The listing inventory in New Castle incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in New Castle is represented by Industrial space, which accounts for 2,369,620 square feet of available listings. Office space available in New Castle adds up to 170,671 square feet.

Meanwhile, most of the listings of commercial property for sale in New Castle are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in New Castle is $15.25 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in New Castle can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in New Castle, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $20 per square foot. In particular, the property type commanding the highest lease rates in New Castle was Industrial space.

The average size of a commercial property in New Castle depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In New Castle, the average size of an office property is 50,200 square feet.
Retail properties here incorporate an average of 74,553 square feet.
Industrial space in New Castle is in buildings that are, on average 209,583 square feet in size.

New Castle, DE Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Castle currently add up to 3,276,207 square feet. The market offers 9 active office listing(s), which amount to 170,671 square feet and account for 23% of commercial spaces on the market. Local retail availability includes 144,337 square feet across 5 retail space(s). Industrial space for rent opportunities in New Castle amount to 2,369,620 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	9	170,671
Retail	5	144,337
Industrial	21	2,369,620
Other	4	591,579

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in New Castle, DE. Currently, there is 313,508 square feet of commercial property for sale here , which includes 5 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	5	179,374
Retail	1	67,723
Industrial	1	16,400
Other	5	50,011

New Castle, DE Commercial Real Estate for Lease - 39 Listings

Airport Business Center / 245 Quigley Blvd

Delaware Logistics Center Building 1

6 Bellecor Dr

3 McCullough Drive, New Castle, DE

Creekwood Corporate Center

Penn Mart Shopping Center

Riveredge Park - 91 A Lukens Drive, New Castle, DE

School: 801 N DuPont Highway

77 McCullough Drive

Churchman's Corporate Center

79 Christiana Rd, New Castle, DE

118 Lukens Dr. New Castle, DE

13/40 Building

Delaware Logistics Center Building 4

Crossroads Shopping Plaza

23 Parkway Circle

1550 Matassino Rd, New Castle, DE

807 Churchmans Rd Ext

415 Old Airport Road

78 Southgate Blvd

277-283 Christiana Rd

400 Anchor Mill Road

399 Churchmans Road

101 A Lukens Dr, New Castle, DE

Community Plaza

Delaware Logistics Center Building 2

Frequently Asked Questions

New Castle, DE Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Castle, DE Commercial Real Estate for Lease - 39 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in New Castle, DE?

What factors affect the price of commercial real estate in New Castle, DE?

What is the average rent for commercial space in New Castle, DE?

What are the best areas for commercial real estate in New Castle, DE?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in New Castle, DE?

New Castle, DE Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us