For Sale
$330,000

403 Middleford Rd Seaford, DE 19973

Seaford medical office, strong tenant, 8% cap rate.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This 2,011 square foot, single-tenant net-leased medical office building is located at 403 Middleford Rd, Seaford, Delaware 19973, within a planned professional park near TidalHealth's Nanticoke campus. Built in 2012, the property boasts a 100% occupancy rate with a credit-rated tenant, Chesapeake Bay Orthopedics, under a lease expiring December 31, 2026. The building features a spacious layout including a large lobby with bathroom, a reception area, staff work area, private staff bathroom, four exam rooms, a private office, and an X-ray room. The property generates a net operating income (NOI) of $26,400, resulting in an attractive 8.00% capitalization rate. This stabilized investment opportunity presents a compelling return for investors. The seller may consider financing options. This property is priced to sell and is expected to attract significant interest. The property is a single unit and has been occupied since October 1, 2012. The lease is a net lease.

Property Details for 403 Middleford Rd

Property type
Office properties, Medical offices
Square Feet
2,011 SF
Year Built
2012
Units
1

Location Insight

City
Seaford
County
Sussex
State
Delaware
Latitude
38.645544755875
Longitude
-75.597774107303

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FAQs

What type of property is this?
Office property - Seaford medical office, strong tenant, 8% cap rate.
Where is the office property located?
The property is located at 403 Middleford Rd Seaford, DE.
What is the asking price?
The asking price for this property is $330,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Property Records

Contacts

Wesley Cox
Wesley Cox
Flo Brotzman
Flo Brotzman
Visit Broker Website

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Useful Information

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Middleford Rd
Seaford, DE 19973

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Middleford Rd
Seaford, DE 19973

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

403 Middleford Rd
  • Wesley Cox
    Wesley Cox
  • Flo Brotzman
    Flo Brotzman
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