Red Mill Corporate Center

150 Red Mill Road Newark, DE 19711

150 Red Mill Road, Newark, DE, 19711
150 Red Mill Road, Newark, DE, 19711 150 Red Mill Road, Newark, DE, 19711 150 Red Mill Road, Newark, DE, 19711
FOR SALE FOR LEASE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Jun 20, 2024

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Highlights


Description

5.9 acres with approved plans to build up to 90,000 SF office building and up to 30,000 SF parking garage underneath on Red Mill Corporate Center campus class A space

Newark Location / Approved For 90,000 SF Medical Office Building

For Sale or Lease:
5.9 acres with approved plans to build up to 90,000 SF office building and up to 30,000 SF parking garage underneath on Red Mill Corporate Center campus

Building Size: 90000sq ft
Building Class: A
Lot Size: 5.9 acres


Documents

150 Red Mill Rd Brochure.pdf

Units for Lease

Red Mill Corporate Center
Space Available: 90000 SF
Lease Type: Gross

Map of 150 Red Mill Road, Newark, DE, 19711

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.