Medical Office with MRI
1101 Twin C Ln Newark, DE 19713
For Sale
Contact for pricing
Medical office featuring eight exam rooms, a dedicated MRI suite, reception and waiting area, and on-site parking.
Property Size3,381 SF
Price / SF$340.14
Days on Market113
Property Features for 1101 Twin C Ln
General Information
Standard status
Active
Size
3,381 SF
Property subtype
OFFICE
Listing Agency:
DSM Commercial
(302) 668-5430
Listed By:
Ryan Bree · License #RS-0036526
(302) 668-5430
Source:
Moodyscre
Added: Apr 8
Changed: Jul 28
Last Checked: Jul 28 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DSM Commercial
Investment Insights
Based on property information with market context.
This medical office includes eight exam rooms plus a dedicated MRI suite, supported by a professional reception and waiting area. The layout is designed to support patient flow and day-to-day staff productivity.
The property is located in an established medical corridor and offers on-site parking with convenient access for both patients and staff.
For sale as an owner-user or investment opportunity, the space is configured around exam and imaging use, with room count and an MRI suite already in place.
The property is located in an established medical corridor and offers on-site parking with convenient access for both patients and staff.
For sale as an owner-user or investment opportunity, the space is configured around exam and imaging use, with room count and an MRI suite already in place.
Key Highlights
- Medical office with 8 exam rooms plus a dedicated MRI suite
- Reception and waiting area for patient check‑in and waiting
- Efficient layout designed for patient flow and staff productivity
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.9k | $27.48 |
| − Vacancy | −$11.6k | −$3.44 |
| EGI | $81.3k | $24.05 |
| − OpEx | −$32.5k | −$9.62 |
| NOI | $48.8k | $14.43 |
3,381 SF · lease $27.48/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$696.8K
$609.7K – $813.0K
NOI $48,778 @ 7.0% cap · market cap 4.24%
Second Best
Office B
$657.9K
$575.6K – $767.5K
NOI $46,051 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$808.7K
$707.6K – $943.5K
NOI $56,609 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Humane Animal Partners (Stanton/Christiana) — 455 Stanton Christiana Rd Route 7, Newark, DE 19713
- BluePearl Pet Hospital — 106 Geoffrey Dr, Newark, DE 19713
- Banfield Pet Hospital — 1291 Churchmans Rd, Newark, DE 19713
- Maven Pet — 200 Continental Dr Suite 401, Newark, DE 19713
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office featuring eight exam rooms, a dedicated MRI suite, reception and waiting area, and on-site parking.
Where is this medical office space located?
The property is located at 1101 Twin C Ln Newark, DE.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Medical office with 8 exam rooms plus a dedicated MRI suite; Reception and waiting area for patient check‑in and waiting; Efficient layout designed for patient flow and staff productivity
