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Retail Space Near Route 1
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State Route 7 & East Songsmith Drive, Bear, DE 19702

Retail property with high traffic and anchor space available.

Space SizeContact for details
Days on Market274

Property Features for State Route 7 & East Songsmith Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Philadelphia Suburban
Listed By: Jeffrey Cohen · License #PA, DE, NJ
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 23 at 5:13AM

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 CBRE | Philadelphia Suburban

Investment Insights

Based on property information with market context.

This retail property offers pads and anchor space. It benefits from proximity to Route 1, which has an average annual daily traffic (AADT) count exceeding 126,000 vehicles. The location features left-turn access at a signal. Adjacent retailers include Shoprite, Giant, and Lowes. The property size is 40000 square feet.

Key Highlights

  • Proximity to Route 1 with high traffic volume (over 126,000 AADT)
  • Available pads and anchor space, great for development
  • Left‑turn access at signal for ease of access

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
93k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Groceries 34% Shops & Services 12% Hotels & Casinos 2%
Texas Roadhouse Dining
33,761 visits/mo 0.4 miles
Giant Groceries
31,776 visits/mo 0.4 miles
Starbucks Dining
13,058 visits/mo 0.4 miles
Shell Shops & Services
11,594 visits/mo 0.4 miles
Best Western Plus Newark/Christiana Inn Hotels & Casinos
1,660 visits/mo 0.3 miles

Demographics for 19702, DE

55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value

Market

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?
Shopping center - Retail property with high traffic and anchor space available.
Where is this shopping center located?
The property is located at State Route 7 & East Songsmith Drive Bear, DE.
What are key features of this property?
This property features: Proximity to Route 1 with high traffic volume (over 126,000 AADT); Available pads and anchor space, great for development; Left‑turn access at signal for ease of access
More about this property
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