Location Highlights

• Prime Bear, DE retail corridor at the major intersection of Route 7 & Route 40
• High visibility along major commuter and retail routes
• Strong daily traffic counts (90,823 AADT) and consistent shopper circulation
• Convenient and easily accessible for local residents and visitors
• Anchored by established national brands that drive steady foot traffic

Key Local/Micro-Market Insights for Bear, DE

• The population of Bear is approximately 22,604 as of 2023, with a median household income of $88,985.
• The average household size and demographics show a relatively affluent, stable suburban base — which supports demand for retail.
• A major retail investment recently: The sale of the Eden Square grocery-anchored shopping center in Bear (~230,255 SF) for $30 million. The property had ~98% occupancy, traffic counts of 43,900+ & 45,400 vehicles/day on key adjacent roads, and household income ~ $97,866 within 5 miles.
• Retail spaces listed for lease in Bear show an average asking rent of about $25/SF (per a LoopNet summary) and average size around ~3,776 SF — but with larger spaces also available (which is relevant to your 7,341-20,121 SF listing).