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Two-Story Corner Retail Opportunity
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 Market149

Property Features for 1A Trolley Square

General Information

Standard status Active
Size 1,900 SF - 6,020 SF
Property subtype Retail - Street Retail

Building Details

Building Size 8,100 SF
Year Built 1978
Year Renovated 2000

Spaces For Lease

at 1A Trolley Square Contact us

Suite 1 & 2B $20/SF/Yr

Size
1,900 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 1A $20/SF/Yr

Size
6,020 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SB Real Estate
Listed By: Jeff Shahan
Source: Commercialcafe
Added: Apr 10 Changed: Aug 24 Last Checked: Sep 5 at 4:48AM

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 SB Real Estate

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.

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

Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy Walgreens Pharmacy Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Electrical Service HVAC Service Kitchen & Bath Showroom Storage Facility Plumbing Service Locksmith

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,457
Businesses Nearby
68k
Monthly Visits Nearby

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

$22.24 /SF/Yr
Avg Asking Price
$18–$30 /SF/Yr
Price Range
10,458 SF
Avg Space Size

This space is priced 10% below the average of $22.24 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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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
More about this property
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