For Lease $20.00/SF/YR
Property Type Retail
Property Size 146,000 SF
Lot Size 12.92 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1991
Date Updated Nov 18, 2024

Conveniently located with excellent visibility and exposure along Route 13 and Route 141 in the heart of New Castle, DE.FOR LEASE: Penn Mart Shopping Center is a bustling retail hub situated in the heart of New Castle, Delaware. This prime commercial property boasts a strategic location and an array of national tenants that contribute to its vibrant atmosphere. With anchor tenants like Big Lots, PNC Bank, Save A Lot, and Rent-A-Center, Penn Mart offers a diverse shopping experience, catering to a wide range of consumer needs. The mixture of these national and locally recognized tenants ensures a steady flow of foot traffic, making this center an ideal destination for both residents and visitors alike. The well-maintained premises and ample parking facilities enhance the overall convenience for shoppers. Penn Mart Shopping Center stands as a testament to the thriving retail landscape in New Castle, providing a dynamic and accessible destination for those seeking quality products and services from trusted national retailers.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Traffic Counts: 90,014 AADT (combined US 13;US 40 and DE 141)
Parking: 855 surface spaces
Signage: 2 large multi-tenant pylon and 1 single tenant freestanding available

Spaces Available

Unit 14

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 1,266 SF
Divisible Space 1,266 - 1,266 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Former Esthetician

Griffin Conaty

DSM Commercial

Unit 17

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 1,600 SF
Divisible Space 1,600 - 1,600 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Former Chinese Takeout

Griffin Conaty

DSM Commercial

Unit 19

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 2,188 SF
Divisible Space 2,188 - 2,188 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Former Bar/Restaurant

Griffin Conaty

DSM Commercial

Unit 2

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 20,000 SF
Divisible Space 20,000 - 20,000 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Griffin Conaty

DSM Commercial

Unit 23

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 3,215 SF
Divisible Space 3,215 - 3,215 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Former T Mobile

Griffin Conaty

DSM Commercial

Unit 25

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 1,000 SF
Divisible Space 1,000 - 1,000 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Former Boost Mobile

Griffin Conaty

DSM Commercial

Unit 27

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 1,000 SF
Divisible Space 1,000 - 1,000 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Former Check Cashing

Griffin Conaty

DSM Commercial

Contacts

Griffin Conaty

DSM Commercial

Location

Getting Around

Walk Score ®
62/100 Somewhat Walkable
Bike Score ®
42/100 Somewhat Bikeable

Map
Street

City New Castle, DE
Zip Code 19720
Market Philadelphia

Frequently Asked Questions

How much does retail space at 1 Penn Mart Shopping Center cost?

The asking price for retail space at 1 Penn Mart Shopping Center is $20.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1 Penn Mart Shopping Center?

The property has 30,269 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1 Penn Mart Shopping Center?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1 Penn Mart Shopping Center.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1 Penn Mart Shopping Center.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.