Discover highly adaptable retail and office space on the ground floor of Rittenhouse Station, an off-campus multifamily building for the University of Delaware. The flexible space contains nearly 8,000 square feet that can be divided to house multiple tenants. A wide range of businesses are perfect for this location, including shops, entertainment, retailers, office users, and beyond. Many businesses can capitalize on this prime space and tap into the built-in student base on the upper floors.
Newark, Delaware, is ideal for retail and office users mainly because of the area's demographics. The surrounding population is steadily rising, with household incomes in a 10-mile radius exceeding $106,000 annually. In addition, the area has a noteworthy and robust spending power of $4.88 billion annually. The University of Delaware, with over 23,000 students enrolled, also plays well in these statistics. One of the country's oldest universities, the University of Delaware provides undergraduates access to 150 majors and minors, outstanding research opportunities, and new research labs across different areas of study.
Main Street in Downtown Newark boasts an eclectic mix of restaurants and nightlife venues. This bustling area sees over 20,000 vehicles daily, attracting students and the local population. Several regional and national retailers line the street, including 7-Eleven, Sunoco, restaurants, bars, and more.
The ground-floor space at 250 S Main Street gives tenants an excellent place for their business to thrive.
Ryan Bree
DSM Commercial
