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Retail

North Dover Center

Dover, DE

191,973 SqFt

Built in 1989

Core Plus

Investment Highlights

  • New 10-Year Leases with Hobby Lobby and Bob's Discount Furniture, both already performing well in excess of their chain averages
  • Situated at the primary entrance to Bally's Dover and Dover International Speedway, which generate a combined 2.1 million visits annually
  • Located across from Delaware State University, the second largest in the state with over 5k students enrolled and 600 teachers on staff
  • Weighted Average Lease Term of 6.0 years highlighted by long-term tenant TJ Maxx at a below market rent performing as the #1 store within their 14- store district

Exclusively listed by

Broker of Record

Sean Beuche

Regional Manager

(215) 531-7000

License(s): DE: RB-0031090

Delaware

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