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    13 Jerome Dr & Rte Dover, DE 19901

    For Lease
    Contact for pricing

    High-traffic retail space near Walmart.

    Lot size:
    185,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    McGinnis Green offers a prime retail investment opportunity in Dover, Delaware. Located on US-13 near the intersection of Jerome Drive and Route 13, this development boasts a highly visible location with excellent access and high traffic counts. The property features a 185,000 square foot Walmart Supercenter as its anchor tenant, ensuring consistent foot traffic and brand recognition for neighboring businesses. The available retail space totals 22,000 square feet, divided into three pad sites, with 1,355 square feet currently vacant. This presents a unique chance for businesses seeking immediate occupancy or expansion. The development benefits from a shared entrance drive with Walmart and signalized access, providing convenient and safe access for customers. Future improvements include a dedicated right-in access from northbound Route 13, further enhancing visibility and accessibility. The property sits on a 1.5-acre lot in Kent County, offering ample space and potential for future development. This is an exceptional opportunity to establish a presence in a thriving retail environment with a strong anchor tenant and excellent visibility. The available space is ideal for a variety of retail uses, providing a flexible and adaptable space to suit diverse business needs. Don't miss this chance to secure a prominent location in a high-traffic area.

    Property Features for 13 Jerome Dr & Rte

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    185,000 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    1,355 SF
    Space
    Pad Site
    Size
    1 SF

    HighLights

    • 1,355 SF ±1.5‑acre pad site available for immediate occupancy.
    • Walmart Supercenter anchors the center, with additional co‑tenants including Great Clips, Domino's, and others.
    • US‑13 pylon and monument signage opportunities available.
    • Net charges: CAM $3.75/SF, Insurance $0.35/SF, Taxes $1.00/SF, Trash $0.55/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.5734478
    Latitude
    39.2173145

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space near Walmart.
    Where is this retail property located?
    The property is located at 13 Jerome Dr & Rte Dover, DE.
    What are key features of this property?
    This property features: 1,355 SF ±1.5-acre pad site available for immediate occupancy.; Walmart Supercenter anchors the center, with additional co-tenants including Great Clips, Domino's, and others.; US-13 pylon and monument signage opportunities available.
    Request Owner's contact information
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    Dover, DE 19901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13 Jerome Dr & Rte Dover, DE 19901
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