6 Denny RdEdgemoor, DE 19809

Property Details for 6 Denny Rd

Year built

1989

Construction

CONCRETE

Lot size

1.20 AC

Property size (Sq ft)

9,194 SF

Zone code

CR

Property type

Office properties

Property subtype

Other office properties

APN

06-150.00-294

APU

615000294

Description

This Edgemoor, Delaware property at 6 Denny Rd offers 27,582 square feet of versatile office space in a three-story, Class B building constructed in 1989. The 1.2-acre lot provides ample parking. Currently, four suites are available, ranging from 385 to 3,661 rentable square feet, ideal for executive offices, coworking, or creative office uses. First-floor suites boast multiple offices, reception areas, and conference rooms, offering convenient access for clients. Building amenities include one elevator, water, sewer, electricity, and cleaning services (office and parking lot). Security features include a burglary and fire alarm system and security cameras. Utilities included in rent are water, sewer, electricity, office and parking lot cleaning, burglary & fire alarm, and security cameras. Tenants are responsible for phone and internet services. The property is zoned CR and features a total of ample parking spaces. This full-service building offers a professional and well-maintained environment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,929,258

  6.5%

  $3,627,008

  7%

  $3,367,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,949,805

  Geo Method

  $1,201,288

• Alternative Use

  Use

  Valuation

  Residential

  $4,497,490

  Hospitality

  $4,119,676

  Educational

  $3,427,522

  Medical

  $3,545,400

  Retail

  $5,331,701

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7545

Longitude

-75.5053

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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