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500 W Loockerman St
Dover, DE 19904

Class-A Office With Strong Value-Add · Office Property For Sale

Investment Highlights

  • High-quality investment-grade tenancy, including GSA state and federal government tenants.
  • Dover holds the lowest office vacancy rate in all of Delaware at 7.2%.
  • Significant capital improvements invested in the property over the past twelve (12) months.
  • Building easily divides for multi-tenancy and has existing built-out spaces.

PROPERTY FACTS

Sale Condition
Auction Sale
Property Type
Office
Building Size
66,346 SF
Building Class
A
Year Built
2003
Percent Leased
38%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
11,058 SF
Building FAR
0.65
Lot Size
2.36 AC
Zoning
IO - Institutional and Office District
Parking
186 Spaces (2.8 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning

zoning

Zoning Code IO (Institutional and Office District)
IO (Institutional and Office District)
  • Listing ID: 31791887

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 500 W Loockerman St, Dover, DE 19904

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