716 N Tatnall St
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716 N Tatnall St
10,000 SF Vacant Office Building Wilmington, DE 19801 $1,687,680 CAD ($169 CAD/SF)
Investment Highlights
- Parking: 10 spots in gated parking lot and two spots in garage
- Owner is willing to potentially structure a leaseback as part of the sale
Executive Summary
The perfect new HQ for your business! Meticulously maintained +/-10,000 SF office building with an additional +/-2,000 SF of basement storage located at the corner of N Tatnall and W 8th Street. This 4-story building has two basements for storage, four levels of Class B office and a secure gated lot for off-street parking. The property has been completely renovated in 1985 with new offices, MEP's, glass stair tower and elevator. Recent renovations include: additional 2,000 SF of air-conditioned office space, two ADA restrooms on the 1st floor, elevator upgrades, newly paved parking lot and a new roof (2020). Located in an opportunity zone in the center of the Wilmington CBD within close proximity to all retail and restaurant amenities.
** Also available for lease**
** Also available for lease**
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,000 SF
Building Class
B
Year Built/Renovated
1940/1985
Price
$1,687,680 CAD
Price Per SF
$169 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,000 SF
Building FAR
1.21
Land Acres
0.19 AC
Opportunity Zone
Yes
Zoning
C-3, Wilmington City
Parking
12 Spaces (1.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Collins Roop
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Collins Roop | Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 4,000 SF
- Office
- Partial Build-Out
- Now
- 2nd Floor
- 2,000 SF
- Office
- Partial Build-Out
- Now
- 3rd Floor
- 2,000 SF
- Office
- Partial Build-Out
- Now
- 4th Floor
- 2,000 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,000 SF | Office | Partial Build-Out | Now |
| 2nd Floor | 2,000 SF | Office | Partial Build-Out | Now |
| 3rd Floor | 2,000 SF | Office | Partial Build-Out | Now |
| 4th Floor | 2,000 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 2,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 2,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 2,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
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Walk Score ®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $561,326 CAD | |
| Land Assessment | $100,686 CAD | Total Assessment | $662,012 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$100,686 CAD
Improvements Assessment
$561,326 CAD
Total Assessment
$662,012 CAD
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716 N Tatnall St
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