FOR SALE Dover, DE 19901

DOVER MALL POWER CENTER LAND

1365 N. DuPont Highway FOR SALE Dover, DE 19901

OVERVIEW 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 PROPOSED 650,000 +/- SF RETAIL DEVELOPMENT SITE and Rt. 1, and exhibits excellent visibility & exposure from approximately 4,500 linear (84 +/- acres) 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.

PROJECT FEATURES 84 +/- acres available

650,000 SF+ of buildable retail space Zoned SC3– Regional Shopping Center Just 11 miles from the state line offering Maryland consumers tax- free shopping! DEMOGRAPHICS AT A GLANCE DOVER MALL Primary Market Area

2015 Demographics Polygon Area *(Source: ESRI)

Population 488,705 Avg. HH Income $76,626 Median HH Income $59,299 Avg. HH Net Worth $718,418 Median Age 40.6

FOR MORE INFORMATION, CONTACT: DSM Commercial Jim Tancredi Gordon Winegar [email protected] [email protected] WWW.DSMRE.COM 910 S. Chapel St. 302-222-7574 (cell) 302-757-5353 (cell) Suite 100 302-283-1800 (office) 302-283-1800 (office) Newark, DE 19713 DOVER MALL — POWER CENTER LAND 1365 N. DuPont Hwy. Dover, DE SITE PLAN POWER CENTER SPACE

PROPOSED COMMERCIAL RETAIL DEVELOPMENT PARCEL (84+/- acres)

SUBJECT PROPERTY TRAFFIC GENERATOR MAP– DOVER

Dover Mall

Why Delaware? BRANDYWINE TOWNE CENTER 874,989 SF STRATEGIC LOCATION: Anchors: Lowe’s, Target & Dicks Sporting Goods Located at the heart of the North- CONCORD MALL east with easy access to Boston, 2nd largest shopping mall in DE New York City, Philadelphia & 960,000 SF Washington D.C. Anchors: Boscov’s , Macy’s & Sears

CHRISTIANA MALL Miles55 TAX FREE: Super-regional mid-range/upscale mall  No sales tax at the state or 1,200,000 SF local level Anchors: Nordstrom's, Macy’s, JC Penney, Target & Cabela’s

 No inventory tax

 Low corporate taxes- 50% of US publicly traded com- panies are incorporated in DOVER MALL DE. 3rd largest shopping mall in DE 886,000 SF BUSINESS FRIENDLY: Anchors: Boscov’s, Macy’s, JC State incentives, incorporation Penney, Old Navy & Sears services, right to work state & lack of bureaucracy to name a few.

ANNAPOLIS TOWNE CENTRE 2,000,000 SF Anchors: Target & Whole Foods Market

THE CENTRE AT SALISBURY Largest shopping mall on eastern shore of MD 862,000 SF Anchors: Macy’s, Boscov’s, Sears and Dicks Sporting Goods

Route 1 32,685

Route 13 58,536

Route 13 67,030