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101 Geoffrey Dr
7,797 SF of Retail Space Available in Newark, DE 19713
Highlights
- Huge visibility from I-95
- 54,741 total households within a 10-minute drive time
- No sales tax in the state of Delaware!
- Across from Delaware Technical Community College with ±35,000 students
- Join: Chipotle, First Watch, 2nd & Charles
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 7,797 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
No sales tax in the state of Delaware!
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Signage Available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 101 Geoffrey Dr, Newark, DE 19713
- Tenant
- Description
- US Locations
- Reach
- 2nd & Charles
- Books
- 61
- National
- Robbins Delaware Diamonds
- Jewellery/Watches
- 1
- Local
| Tenant | Description | US Locations | Reach |
| 2nd & Charles | Books | 61 | National |
| Robbins Delaware Diamonds | Jewellery/Watches | 1 | Local |
PROPERTY FACTS FOR 101 Geoffrey Dr , Newark, DE 19713
| Property Type | Retail | Total Land Area | 4.17 AC |
| Property Subtype | Storefront | Year Built | 1994 |
| Gross Internal Area | 38,772 SF | Parking Ratio | 3.41/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 38,772 SF |
| Total Land Area | 4.17 AC |
| Year Built | 1994 |
| Parking Ratio | 3.41/1,000 SF |
About the Property
Tremendous opportunity in Delaware’s premier retail market
- Freeway Visibility
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
101 Geoffrey Dr
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