An office building in Claymont is headed for an auction at the end of this month.a
CBRE and Auction.com will put the building up for auction on Sept. 30.
Built in 2001, the property is located directly at the intersection of Interstate 95 and Interstate 495 near the state line with Pennsylvania.
The building is part of a three-building complex that includes one additional office building and the 191 room Crowne Plaza Hotel.
The building is about 12 miles from the Philadelphia International Airport and nine miles from downtown Wilmington.
The property is also a short distance from former Evraz Claymont Steel mill. That site is slated for a major redevelopment project at a site that has rail, highway and river access. Some redevelopment has also taken place in Claymont itself.
The property will start with a minimum bid of $750,000.
The building is designed to accommodate a parking ratio of 4.8 per 1,000 square feet, a drawing card for a potential owner, since more employees are being packed into less space at office complexes.
The parking garage located below the office floors accommodates 197 vehicles in addition to 90 surface spaces.
The building that once housed Cigna operations has three office floors located above the parking garage that includes approximately 20,000 square feet per floor.
