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Walgreens 1215 S State St 12,000 SF Retail Building Dover, DE 19901 $2,425,000 ($202.08/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.

Executive Summary

Recently reduced

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
$2,425,000
Price Per SF
$202.08
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 is a U.S.-based retail pharmacy operator providing prescription drugs, health services, and consumer goods through neighborhood drugstores and digital platforms. The company was founded in 1901 by Charles Rudolph Walgreen in Chicago, Illinois. Over time, Walgreens expanded nationwide and became one of the largest pharmacy chains in the United States. In 2014, Walgreens became part of the newly formed holding company Walgreens Boots Alliance following the acquisition of Alliance Boots.

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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