For Sale
$330,000

1340 Middleford RdSeaford, DE 19973

High-Cap Rate Office Investment, Delaware

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
117
This 2,011 square foot Class B executive office building in Seaford, Delaware, presents a compelling investment opportunity. Located at 1340 Middleford Rd, 19973, this single-unit property boasts an 8.00% cap rate and a strong net operating income (NOI) of $26,400. Built in 2012, the building features a timeless brick exterior and is situated within a well-maintained professional park near TidalHealth's Nanticoke campus. Currently occupied by a long-term tenant, Chesapeake Bay Orthopedics, who recently renewed their lease, the property offers a stable income stream. The interior layout includes a spacious reception area, a large lobby with bathroom, private staff bathroom, four exam rooms, a private office, and an X-ray room. The asking price is $330,000, and seller financing may be available. This property is ideally suited for medical professionals or other professional uses and is priced to sell quickly. The property is a triple net (NNN) lease.

Highlights

  • Long-term lease in place with established tenant.
  • Property situated in a well-maintained office park.
  • Attractive brick building with classic design.

Property Details for 1340 Middleford Rd

Property type
Office properties
Square Feet
2,011 SF
Class
B
Year Built
2012
Units
1

Location Insight

City
Seaford
County
Sussex
State
Delaware
Latitude
38.645945
Longitude
-75.5990093
1340 Middleford Rd, Seaford, Delaware

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Contacts

Wesley Cox
Wesley Cox
Flo Brotzman
Flo Brotzman
Visit Broker Website

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1340 Middleford Rd, Seaford, Delaware, 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.

1340 Middleford Rd
  • Wesley Cox
    Wesley Cox
  • Flo Brotzman
    Flo Brotzman
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