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1365 N DuPont Avenue - Dover Mall - Peripheral Ground, Dover, DE

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1365 N DuPont Avenue - Dover Mall - Peripheral Ground

Dover, DE 19901 - Kent County Submarket

Property Type:Land Parcel Size:84 Acres
For Sale Price:$25,000,000 Price/Acre:$297,619 Price/SF:$6.83

Proposed Use:Commercial

On-Site Improv:-

Sale Notes:
This offering comprises a total of 84+/- acres of commercially zoned ground known as the Dover Mall peripheral land. The parcel is located between the existing Dover Mall and Rt. 1, and exhibits excellent visibility and exposure from approximately 4,500 linear feet of frontage on Rt. 1. The land is suitable for the development of approximately 650,000 SF of retail space.

The owner is currently seeking approval for the construction of new on/off ramps to/from Rt. 1 which would provide direct access from this highway to the Dover Mall property, including the peripheral land, and the Dover Downs Racetrack & Casino.

The property is located east of N. DuPont Hwy. (US Rt. 13) and Rt. 1, immediately adjacent to the east of the Dover Mall, and north of the Dover Downs Racetrack & Casino. This area is centrally located in the heart of the Dover retail district comprising nearly 2 million sf of commercial retail and restaurant space. Traffic generators in the immediate area include the Dover Mall itself, Dover Downs Racetrack & Casino, and Delaware State University (just across DuPont Hwy to the west of Dover Mall. Additional traffic generatrs include the State of Delaware Legislative Hall offices, Bayhealth Regional Medical Center, Dover Air Force Base, and over 1,000 national flag hotel rooms.

DSM Commercial
Jim Tancredi
(302) 283-1800

Gordon Winegar
(302) 283-1800

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