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Governor's Square Shopping Center 901-1397 Governor's Pl 7,341 - 47,583 SF of Retail Space Available in Bear, DE 19701
HIGHLIGHTS
- Join national retailers including Shoprite, McDonald’s, Taco Bell, GameStop, Anytime Fitness, and more
- Signalized intersection with excellent vehicular access
- Flexible floor-plate tenant configuration — the available suites allow for “demisable” layout between ~7,341 SF and ~20,121 SF
- Diverse retail categories on-site: fashion, electronics, home furnishings, beauty, and specialty uses
- Ample on-site parking, easily accommodating large format users and enabling convenient customer access for both destination and daily convenience visi
- Large regional market reach — Bear sits within commuting distance of Wilmington and greater Philadelphia, increasing the catchment area far beyond the
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 401B | 20,121 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 401B | 20,121 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 701 | 7,341 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
901-1397 Governors Pl - 1st Floor - Ste 401B
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
401-501 Governors Pl - 1st Floor - Ste 401B
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
901-1397 Governors Pl - 1st Floor - Ste 701
Former Rite Aid
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT GOVERNOR'S SQUARE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- GameStop
- Game Store
- 2,957
- International
- Hair Cuttery
- Salon/Barber/Spa
- 882
- National
- ShopRite
- Supermarket
- 415
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| GameStop | Game Store | 2,957 | International |
| Hair Cuttery | Salon/Barber/Spa | 882 | National |
| ShopRite | Supermarket | 415 | Regional |
PROPERTY FACTS
ABOUT THE PROPERTY
Join Shoprite, Taco Bell, McDonalds, Bob Evans, Hair Cuttery, Rite Aid, Game Stop, Anytime Fitness, Hand and Stone Massage, American Signature Furniture and many more! Governors Square Shopping Center, located in Bear, Delaware, is a vibrant and popular retail destination that caters to the diverse needs and tastes of the local community. Situated in a convenient location at the major intersection of Route 7 and Route 40, Governors Square is a bustling hub of commercial activity. From well-known national brands to local boutiques, the center offers an extensive selection of retailers covering various categories such as fashion, electronics, home furnishings, beauty, and more. In addition to its diverse retail offerings, the shopping center also features a range of dining options. From quick-service restaurants to sit-down eateries, there's something to suit every palate. Visitors can enjoy a delicious meal or grab a quick bite to refuel during their shopping experience.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Governor's Square Shopping Center | 901-1397 Governor's Pl
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