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Walgreens 1215 S State St 12,000 SF Retail Building Dover, DE 19901 $2,500,000 ($208.33/SF)

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INVESTMENT HIGHLIGHTS

  • Ample parking with drive-thru window access.
  • Located on 1.40 acres of land.
  • Located on the corner of S. State St and Roosevelt Avenue - high traffic area.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,000 SF
Building Class
B
Year Built
2001
Price
$2,500,000
Price Per SF
$208.33
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.20
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
C4 - Highway Commercial
Parking
58 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
112’ on Roosevelt Ave

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 12,000 SF
  • Retail
  • Outparcel
  • Now

Former Walgreens located on tthe corner of S. State St and Roosevelt Ave.

Space Size Space Use Position Available
1st Floor 12,000 SF Retail Outparcel Now

1st Floor

Size
12,000 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 12,000 SF
Space Use Retail
Position Outparcel
Available Now

Former Walgreens located on tthe corner of S. State St and Roosevelt Ave.

NEARBY MAJOR RETAILERS

The YMCA
Jazzercise
Shore United Bank
Sunbelt Rentals
Wells Fargo Home Mortgage
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-05-08605-02-0100-000
Land Assessment
$167,800
Improvements Assessment
$3,554,200
Total Assessment
$3,722,000
  • Listing ID: 35106643

  • Date on Market: 3/12/2025

  • Last Updated:

  • Address: 1215 S State St, Dover, DE 19901

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