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Mixed-Use Medical Office Retail Building
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201 Towne Centre Dr, Dover, DE 19904

Office building on a corner site with committed tenants Nemours duPont Pediatrics and VCA Animal Hospital.

Property Size60,000 SF
Days on Market1001

Property Features for 201 Towne Centre Dr

General Information

Standard status Active
Size 60,000 SF
Property subtype RETAIL
Listing Agency: Pettinaro Management, LLC
Listed By: Timothy "TJ" Spencer
Source: Moodyscre
Added: Nov 3, 2023 Changed: Jul 27 Last Checked: Jul 29 at 3:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pettinaro Management, LLC

Investment Insights

Based on property information with market context.

The property is a mixed retail and office development featuring a dedicated office building totaling 17,815 square feet. The office building is scheduled to be occupied by Nemours duPont Pediatrics and VCA Animal Hospital.

Situated on the southeast corner of W. North Street and Saulsbury Road, the development is positioned next to Eden Hill Medical Center in the heart of Dover. Construction of the West Dover Connector, which terminates at Eden Hill, began in April 2015 and was completed in August 2017.

For tenants seeking space within an established medical-focused environment, this office building is part of a larger retail and office development at 201 Towne Centre Dr.

Key Highlights

  • 171,300 SF retail and office development in Dover, DE
  • 17,815 SF office building with committed tenants Nemours duPont Pediatrics and VCA Animal Hospital
  • Located on the southeast corner of W. North Street and Saulsbury Road next to Eden Hill Medical Center

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19904, DE

36,880
Population
16,047
Households
2.3
Avg Household Size
38
Median Age
27%
College-Educated
91%
High-School Grad
43.2 sq mi
ZIP Area
854
Density / Sq Mi
$66,885
Median Household Income
$39,459
Median Earnings
$1,240
Median Rent
$281,000
Median Home Value

Market

Lease Benchmarks for Dover, DE

$20.04 /SF/Yr
Avg Asking Price
$18–$27 /SF/Yr
Price Range
1,966 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Schmeitzer Eric W DVM — 1300 S Farmview Dr, Dover, DE 19904

Frequently Asked Questions

What type of property is this?
Medical Office Space - Office building on a corner site with committed tenants Nemours duPont Pediatrics and VCA Animal Hospital.
Where is this medical office space located?
The property is located at 201 Towne Centre Dr Dover, DE.
What are key features of this property?
This property features: 171,300 SF retail and office development in Dover, DE; 17,815 SF office building with committed tenants Nemours duPont Pediatrics and VCA Animal Hospital; Located on the southeast corner of W. North Street and Saulsbury Road next to Eden Hill Medical Center
(484) 888-3251 Call to check price and availability
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