Two-Story Corner Retail
For Lease
$20 SF/Yr
1A Trolley Square, Wilmington, DE 19806
Former Walgreens space offers first-floor retail and a second-floor shell for office or storage use.
Space Size1,900 SF - 6,020 SF
Property Size8,100 SF
Days on Market195
Property Features for 1A Trolley Square
General Information
Standard status
Active
Size
1,900 SF - 6,020 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
8,100 SF
Year Built
1978
Spaces For Lease
at 1A Trolley Square Contact usSuite 1 & 2B $20/SF/Yr
Size
1,900 SF
Term
Negotiable
Suite 1A $20/SF/Yr
Size
6,020 SF
Term
Negotiable
Listed By:
Jeff Shahan, SIOR
(302) 545-2392
Source:
Sbrealtyco
Added: Apr 10
Changed: Oct 21
Last Checked: Oct 20 at 5:30PM
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 Jeff Shahan, SIOR
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Investment Insights
Based on property information with market context.
This two-story corner property was formerly a Walgreens and presents a practical leasing setup for retail and back-office needs. The first-floor space is designed as retail with prominent street-level presence, while the second floor is delivered as a shell for flexible buildout as either office space or storage.
Located in the Trolley Square area of Wilmington, the property sits on a corner along Delaware Avenue. The offering includes ample parking and professional on-site management, supporting day-to-day customer access and operations for a retail or service concept.
Located in the Trolley Square area of Wilmington, the property sits on a corner along Delaware Avenue. The offering includes ample parking and professional on-site management, supporting day-to-day customer access and operations for a retail or service concept.
Key Highlights
- Former Walgreens space in Trolley Square, Wilmington, built in 1978
- First‑floor retail space totals 6,200 SF
- Second‑floor shell space totals 1,900 SF, suitable for office or storage use
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,457
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 33%
Groceries 32%
ACME Markets
Groceries
21,617 visits/mo
0.1 miles
Shell
Shops & Services
10,378 visits/mo
0.3 miles
Dunkin' Donuts
Dining
9,628 visits/mo
0.3 miles
Grotto Pizza
Dining
9,008 visits/mo
0.2 miles
Sunoco
Shops & Services
6,064 visits/mo
0.2 miles
Demographics for 19806, DE
10,083
Population
6,638
Households
1.5
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
1.7 sq mi
ZIP Area
5,931
Density / Sq Mi
$86,240
Median Household Income
$76,246
Median Earnings
$1,329
Median Rent
$370,500
Median Home Value
Market
Lease Benchmarks for Wilmington, DE
$23.68 /SF/Yr
Avg Asking Price
$18–$37.5 /SF/Yr
Price Range
6,360 SF
Avg Space Size
This space is priced 16% below the average of $23.68 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Former Walgreens space offers first-floor retail and a second-floor shell for office or storage use.
Where is this retail space located?
The property is located at 1A Trolley Square Wilmington, DE.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Former Walgreens space in Trolley Square, Wilmington, built in 1978; First‑floor retail space totals 6,200 SF; Second‑floor shell space totals 1,900 SF, suitable for office or storage use
