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Retail Investment Opportunity 5999 Summit Bridge Rd 9,999 SF Retail Building Townsend, DE 19734 $3,111,111 ($311.14/SF) 6.75% Cap Rate



Investment Highlights
- Located within Delaware's rapidly growing MOT (Middletown-Odessa-Townsend) corridor
- Significant residential development continues to fuel population and consumer spending growth
- Convenient access to Route 1, Route 13, and U.S. 301
- Significant residential development continues to fuel population and consumer spending growth
- Strategic location serving both New Castle and Kent County markets
Executive Summary
Continued residential development, population growth, and increasing consumer demand have fueled strong market fundamentals, supporting long-term value appreciation and tenant demand. With convenient access to Route 13 and regional connectivity to Wilmington, Dover, and Maryland, the property is strategically located to serve a broad trade area and represents an attractive investment opportunity in a high-growth Delaware market.
Property Facts
Amenities
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Walgreens Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | 25-002.00-094 | Improvements Assessment | $1,647,100 |
| Land Assessment | $340,000 | Total Assessment | $1,987,100 |
Property Taxes
Presented by
Retail Investment Opportunity | 5999 Summit Bridge Rd
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