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Cole House 4041 Ogletown Rd 97,878 SF 100% Leased Office Building Newark, DE 19713 For Sale

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EXECUTIVE SUMMARY

4041 Ogletown Road includes 97,878 rentable square feet of
magnificently renovated interior space plus a 5 story parking
garage and surface spaces for 799 vehicles, (8.16 per 1,000
SF). The property is zoned CR, (Commercial Regional), and
includes 4.65 acres.
The property boasts abundant on-site and off-site amenities
including a large conference center, a grab & go cafeteria
and public transportation. Numerous hotels, restaurants and
retail shops are located within just one mile

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
97,878 SF
Building Class
A
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
48,939 SF
Slab To Slab
10’
Building FAR
0.31
Lot Size
7.23 AC
Zoning
CR
Parking
450 Spaces (4 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Food Service

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Entire 1st Fl
  • 48,939 SF
  • Office
  • Full Build-Out
  • Feb 2027

38 conference rooms 613 workstations 12 private offices

  • 2nd Fl-Ste Entire 2nd Fl
  • 48,939 SF
  • Office
  • Full Build-Out
  • Feb 2027

13 conference rooms 157 workstations 2 private offices

Space Size Space Use Condition Available
1st Fl-Ste Entire 1st Fl 48,939 SF Office Full Build-Out Feb 2027
2nd Fl-Ste Entire 2nd Fl 48,939 SF Office Full Build-Out Feb 2027

1st Fl-Ste Entire 1st Fl

Size
48,939 SF
Space Use
Office
Condition
Full Build-Out
Available
Feb 2027

2nd Fl-Ste Entire 2nd Fl

Size
48,939 SF
Space Use
Office
Condition
Full Build-Out
Available
Feb 2027

1st Fl-Ste Entire 1st Fl

Size 48,939 SF
Space Use Office
Condition Full Build-Out
Available Feb 2027

38 conference rooms 613 workstations 12 private offices

2nd Fl-Ste Entire 2nd Fl

Size 48,939 SF
Space Use Office
Condition Full Build-Out
Available Feb 2027

13 conference rooms 157 workstations 2 private offices

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-023.00-029
Land Assessment
$714,075 CAD
Improvements Assessment
$9,602,217 CAD
Total Assessment
$10,316,291 CAD
  • Listing ID: 29634203

  • Date on Market: 2023-09-27

  • Last Updated:

  • Address: 4041 Ogletown Rd, Newark, DE 19713

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