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    8 Greentree Dr Dover, DE 19904

    For Lease
    $16 SF/Yr ($4,266 /Mo)

    Dover Retail Space: High-traffic location.

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 3,200 square foot retail space is available for lease at the Greentree Shopping Center, situated on Route 8 in Dover, Delaware, zip code 19904. The property is a strip center with multiple tenancies, offering a prime opportunity for businesses seeking high visibility and foot traffic. The entire 3,200 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The center boasts a strong tenant mix, including established businesses such as Redners, PNC Bank, The UPS Store, PetValu, Rice Japanese Restaurant, H&R Block, Rite Aid Pharmacy, Giacomo's Pizza, Lee Nails, and Wireless Link. This strategic location ensures excellent exposure to a large customer base. The address is 8 Greentree Drive, Dover, DE 19904. The property type is retail, specifically a strip center. This presents a unique opportunity to establish a business in a thriving commercial area with significant existing traffic and brand recognition from surrounding businesses. The property is ready for immediate occupancy. Interested parties should inquire for lease terms and conditions.

    Property Features for 8 Greentree Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF
    Total Rate
    4266.67

    Unit(s) available at that property

    Space
    Suite 83
    Size
    3,200 SF
    Rate per SF
    $16

    HighLights

    • Greentree Shopping Center, Dover, DE, Route 8 location.
    • Strong tenant mix including Redner's, PNC Bank, UPS Store, Rite Aid, PetValu, Rice Japanese Restaurant, and H&R Block.
    • 3,200 square foot retail space available (Suite 83).
    • Available retail space: 3,200+/- SF.
    • Lease rate: $16.00/SF, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.5528353
    Latitude
    39.1596304

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    FAQs

    What type of property is this?
    Retail property - Dover Retail Space: High-traffic location.
    Where is this retail property located?
    The property is located at 8 Greentree Dr Dover, DE.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Greentree Shopping Center, Dover, DE, Route 8 location.; Strong tenant mix including Redner's, PNC Bank, UPS Store, Rite Aid, PetValu, Rice Japanese Restaurant, and H&R Block.; 3,200 square foot retail space available (Suite 83).
    Request Owner's contact information
    8 Greentree Dr Dover, DE 19904
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    Dover, DE 19904
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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
    8 Greentree Dr Dover, DE 19904
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