1300 Grant AveWilmington, DE 19806

Property Details for 1300 Grant Ave

Year built

2003

Construction

ADOBE

Lot size

1.63 AC

Property size (Sq ft)

16,100 SF

Zone code

26C-2

Property type

Retail properties

Property subtype

Retail space

APN

26-013.30-062

APU

2601330062

Description

This exceptional Wilmington, Delaware office property at 1300 North Grant Avenue offers two available Class A suites, totaling between 2,384 and 4,043 square feet. Situated conveniently near Pennsylvania Avenue (Route 52) and downtown Wilmington, this two-story building provides easy access to major transportation routes and city amenities. The property features a mix of private offices, open work areas, and shared amenities including conference and break rooms. The building boasts ample free parking for tenants and includes utilities in the lease. This is a multi-tenant building with one building on the site. The building is equipped with elevators for convenient access to both floors. The suites are ideal for businesses seeking a professional and efficient workspace in a prime Wilmington location. The property is located in New Castle County, Delaware, with a zip code of 19806. The precise total square footage of the building is not currently available. This is an excellent opportunity for businesses seeking a well-maintained and conveniently located office space in a thriving Delaware market. The property offers a blend of modern amenities and a strategic location, making it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $10,114,613

  6.5%

  $9,336,566

  7%

  $8,669,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,604,253

  Geo Method

  $5,301,138

• Alternative Use

  Use

  Valuation

  Residential

  $7,875,742

  Hospitality

  $7,214,138

  Educational

  $6,002,078

  Medical

  $6,208,499

  Retail

  $9,336,566

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7575

Longitude

-75.568

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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