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Tenant-Occupied Medical Office
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Pending

1340 Middleford Road Unit 403, Seaford, DE 19973

Medical office condominium unit with an existing tenant and more than four years remaining on the lease.

Property Size2,094 SF
Days on Market142

Property Features for 1340 Middleford Road Unit 403

General Information

Standard status Pending
Size 2,094 SF
Property subtype Office

Additional Details

Gross Income $30,180

Building Details

Tenancy Single
Listing Agency: SVN | Miller Commercial Real Estate Salisbury
Listed By: Christina Rice · License #MD 632047
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Apr 11 at 12:55AM

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 SVN | Miller Commercial Real Estate Salisbury

Investment Insights

Based on property information with market context.

Unit 403 is a 2,094-square-foot medical office condominium at 1340 Middleford Road in Seaford, Delaware. The space is occupied by Chesapeake Bay Orthopedics and operates within a condo association structure.

The existing lease has 4+ years remaining, providing an established occupancy profile for the property. The unit is configured for medical office use and is located in the 19973 ZIP code.

Key Highlights

  • 2,094 SF medical office condominium unit
  • Tenant occupied by Chesapeake Bay Orthopedics
  • 4+ years remaining on the lease

Property Analytics

Current Use

Nanticoke Chiropractic Center Alternative Medicine Practice MARK T EDNEY Physician Harold Genvert Physician Dr. James Hummel Alternative Medicine Practice Alpha Care Medical Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19973, DE

25,550
Population
10,725
Households
2.4
Avg Household Size
42
Median Age
18%
College-Educated
84%
High-School Grad
84.0 sq mi
ZIP Area
304
Density / Sq Mi
$62,668
Median Household Income
$36,439
Median Earnings
$1,131
Median Rent
$254,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office condominium unit with an existing tenant and more than four years remaining on the lease.
Where is this medical office space located?
The property is located at 1340 Middleford Road Unit 403 Seaford, DE.
What are key features of this property?
This property features: 2,094 SF medical office condominium unit; Tenant occupied by Chesapeake Bay Orthopedics; 4+ years remaining on the lease
(410) 543-5115 Call to check price and availability
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