12 Reads Way

12 Reads Way, New Castle, DE 19720

  • For Sale $4,750,000
  • Property Type Office - General Office
  • Property Size 106,878 SF
  • Lot Size 6.4 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1997
  • Date Updated Oct 3, 2024
Wilmington, DE12 Reads Way, a three-story 106,878-SF office property in New Castle, DE, was built in 1987 and sits on a +/-6.39-acre site. Its strategic position in a bustling business park makes it ideal for seamless office operations. As the largest office building in the Corporate Commons Business Park, this well-maintained building offers versatile space, complete with above-market parking and quality construction with multiple updates to the building systems and interior. What sets this property apart is its adaptability—it’s equally suited for an owner/user seeking a flagship headquarters or an investor exploring the potential for multi-tenant conversion. Additionally, the EPDM roof warranty, valid through November 2026, provides added peace of mind for maintenance considerations. The Property is also a prime candidate for redevelopment given its flexible Business Park (BP) zoning, which allows for a mix of office, medical, research and development, industrial, and commercial uses within the same area. This flexibility enables a diverse range of businesses to coexist and thrive, fostering economic growth and innovation.

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Highlights

  • 106,878-SF +/- Office Building
  • 874 Parking Spaces
  • 3 Floors
  • 35,600 +/- SF Floor Plate
  • Close to Wilmington Airport, Interstate I-95, Interstate I-295 and Rt. 273

Contacts

broker

Joseph Latina

LMT Commercial | Corfac International

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent
  • Bike Score ®

    27/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Castle, DE
  • Zip Code 19720
  • Market Philadelphia

Frequently Asked Questions

How much does 12 Reads Way cost?

The space currently listed for sale at 12 Reads Way asks for $4,750,000.

What is the total square footage of 12 Reads Way?

12 Reads Way totals 106,878 square feet.

When was this property built?

12 Reads Way was built in 1997.

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Contact Listing Broker

broker

Joseph Latina

LMT Commercial | Corfac International