5145 W WOODMILL Dr 22, Wilmington, DE 19808
Flexible office condominium with reception, multiple private offices, conference space, and private restrooms in Woodmill Corporate Center.
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 25 at 10:07 pm
Property Features for 5145 W WOODMILL Dr 22
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing office RE/MAX Associates (302) 396-4079
Listing date Jun 23, 2026
Source Elliman
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 RE/MAX Associates
HighLights
- ~1,500 SF professional office condominium in Woodmill Corporate Center (built 1988).
- Flexible office suite layout with reception/waiting area, multiple private offices, and conference space.
- Includes kitchen facilities, storage areas, and private restrooms.
- Ample on‑site parking with convenient access to major transportation routes.
- Some units may currently be leased/occupied; showings limited and scheduled after normal business hours when possible.
- BikeScore 15 (somewhat bikeable) and WalkScore 21 (car‑dependent).
Overview
The property is located at 5145 W WOODMILL Dr 22 in Wilmington, DE, just off Kirkwood Highway. As part of an established office community, the suites are positioned for businesses that want a professional setting. Note that several units are currently occupied under existing lease agreements, and showings are expected to be limited, with scheduling coordinated to minimize disruption.
This suite configuration can fit a range of professional and service-oriented uses that benefit from a mix of shared front-of-house space and dedicated private rooms, along with conference space for meetings. Prospective buyers should request current occupancy details, lease information, and any unit-specific configuration updates, as photography may have been taken while some areas were vacant.
Local 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 | $41.2k | $27.48 |
| − Vacancy | −$5.2k | −$3.44 |
| EGI | $36.1k | $24.05 |
| − OpEx | −$14.4k | −$9.62 |
| NOI | $21.6k | $14.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.6707192
- Latitude
- 39.7184203
