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Office Building with Retail Pad Sites
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655 S Bay Rd, Dover, DE 19901

Large office space is available for lease in a multi-tenant corporate center with ample parking and retail pad opportunities.

Space Size10,000 SF
Property Size295,915 SF
Days on Market1177

Property Features for 655 S Bay Rd

General Information

Standard status Active
Size 10,000 SF
Net Rentable 16,647 SF
Property subtype RETAIL

Space & Availability

Available Space 16,647-160,011 SF
Space Use Office

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Firestone, Enterprise Rent-A-Car, Jake's Burgers

Amenities

ample parking
building and pylon signage available

Building Details

Building Size 295,915 SF
Tenancy Multi

Spaces For Lease

at 655 S Bay Rd
Pad 4 AVAILABLE, Completion
Floor 1
Size 10,000 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Blue Hen Corporate Center is a 295,915 SF building with large office space available for lease from 16,647 SF to 160,011 SF. The north and south sections of the building (Sections A and D) were recently sold to Bayhealth Medical Centers, who has plans to add additional medical uses int he coming years. Current tenants in the portion still owned by Pettinaro (Sections B and C) include the State of Delaware, The VA, The Social Security Administration, and FMC Dialysis. Pad sites are also available for various retail tenants. Existing retail pad tenants include Firestone, Enterprise Rent-A-Car and Jake's Burgers. - The Blue Hen Corporate Center is located just north of the Dover Air Force Base, in the city of Dover, DE. It is just south of the Kent County administrative offices and the Kent County Levy Court. This property is within walking distance to restaurants and shopping. As the state capital, Dover is home to major employers: Delaware State University, Kraft Foods, Proctor and Gamble, Chesapeake Utilities, Bayhealth Medical, the State of Delaware, and Comcast. Blue Hen Corporate Center is ideally located to meet the space needs of these companies, the government, and healthcare as they continue to grow over time. - 2,500-200,000 SF available - Ample parking - Exceptional regional accessibility - Building and pylon signage available
Contact us
Listing Agency: Pettinaro Management, LLC
Listed By: Timothy "TJ" Spencer
Source: Moodyscre
Added: Aug 11, 2023 Changed: Oct 26 Last Checked: Oct 28 at 9:18AM

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

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Investment Insights

Based on property information with market context.

Blue Hen Corporate Center is a 295,915 SF office building offering large office space available for lease from 16,647 SF to 160,011 SF. The building’s north and south sections (Sections A and D) were recently sold to Bayhealth Medical Centers, which plans to add additional medical uses in the coming years. Portions still owned by Pettinaro (Sections B and C) are home to tenants including the State of Delaware, the VA, the Social Security Administration, and FMC Dialysis.

The property is located just north of Dover Air Force Base in the city of Dover, Delaware, and is just south of the Kent County administrative offices and the Kent County Levy Court. Retail pad sites are also available for various retail tenants, with existing pad tenants including Firestone, Enterprise Rent-A-Car, and Jake’s Burgers. The center is within walking distance to restaurants and shopping.

On-site parking is available, and building and pylon signage are in place to support visibility and customer access.

Key Highlights

  • 295,915 SF office building with space available for lease
  • Office space available from 16,647 SF to 160,011 SF
  • Sections A and D sold to Bayhealth Medical Centers with plans for additional medical uses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Delaware Wic Program Corporate Office Jackson Robert S ... Physician Delaware Health and Social ... Department Of Social Services Blue Hen Corporate ... Business Service Center Employment & Training Division Government Office

Suggested Use

Top Pick Dental Office Building Supply Storage Facility Parking Lot & Garage Grocery & Convenience Store Garden Center

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

Demographics for 19901, DE

36,839
Population
15,443
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
89%
High-School Grad
75.8 sq mi
ZIP Area
486
Density / Sq Mi
$63,891
Median Household Income
$33,069
Median Earnings
$1,353
Median Rent
$258,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office building - Large office space is available for lease in a multi-tenant corporate center with ample parking and retail pad opportunities.
Where is this office building located?
The property is located at 655 S Bay Rd Dover, DE.
What are key features of this property?
This property features: 295,915 SF office building with space available for lease; Office space available from 16,647 SF to 160,011 SF; Sections A and D sold to Bayhealth Medical Centers with plans for additional medical uses
(484) 888-3251 · Office Call to check price and availability
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