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Liberty Plaza 1900-1918 Kirkwood Hwy 1,577 - 9,596 SF of Space Available in Newark, DE 19711
HIGHLIGHTS
- High Traffic Count
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11A | 2,869 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $80,098 CAD/YR $6,675 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1B | 2,400 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $67,004 CAD/YR $5,584 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 27D | 1,577 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $44,027 CAD/YR $3,669 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 32 | 2,750 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $76,776 CAD/YR $6,398 CAD/MO | Triple Net (NNN) |
700 Capitol Trl - 1st Floor - Ste 11A
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
1 Liberty Plaza - 1st Floor - Ste 1B
- Listed rate may not include certain utilities, building services and property expenses
- Fits 6 - 20 People
27 Possum Park Mall - 1st Floor - Ste 27D
- Listed rate may not include certain utilities, building services and property expenses
- Fits 4 - 13 People
33-35 Possum Park Mall - 2nd Floor - Ste 32
- Lease rate does not include utilities, property expenses or building services
- Fits 7 - 22 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT LIBERTY PLAZA
- A Touch Of Class
- Korean Barbecue & Sushi Bar
- Peruchos
- Precision Hair
- Sparkles Bead Shop & Gallery
PROPERTY FACTS
| Total Space Available | 9,596 SF | Frontage | 4’ on Kirkwood Hwy |
| Center Type | Neighborhood Center | Gross Leasable Area | 67,854 SF |
| Parking | 420 Spaces | Total Land Area | 8.50 AC |
| Stores | 30 | Year Built | 1965 |
| Center Properties | 7 | Cross Streets | Kirkwood Hwy. & Possum Park Rd. |
| Total Space Available | 9,596 SF |
| Center Type | Neighborhood Center |
| Parking | 420 Spaces |
| Stores | 30 |
| Center Properties | 7 |
| Frontage | 4’ on Kirkwood Hwy |
| Gross Leasable Area | 67,854 SF |
| Total Land Area | 8.50 AC |
| Year Built | 1965 |
| Cross Streets | Kirkwood Hwy. & Possum Park Rd. |
ABOUT THE PROPERTY
Liberty Plaza / Possum Park Mall, a 67,000+ square foot mixed-use shopping center and home to Outback Steakhouse, Family Dollar, and Perkins Restaurant, features a retail shopping center, various dining options and office space. It is strategically located at the intersection of Captiol Trail (Kirkwook Highway / Route 2) and Possum Park Road in Newark, Delaware, just minutes from the University of Delaware and downtown Newark. The average daily traffic count on Capitol Trail at Possum Park Road is over 40,000 vehicles. Just opened in 2017, Family Dollar and DEXSTA Federal Credit Union add to the existing strong tenant mix, making Liberty Plaza / Possum Park Mall an excellent location to shop, work, and dine.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Liberty Plaza | 1900-1918 Kirkwood Hwy
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