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Two-Building Professional Office Property
For Sale
Contact for pricing
Pending

20793 Professional Park Blvd, Georgetown, DE 19947

The property houses medical, banking, behavioral health, and public-service tenants.

Property Size50,200 SF
Days on Market144

Property Features for 20793 Professional Park Blvd

General Information

Standard status Pending
Size 50,200 SF
Property subtype Office
Occupancy 89%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Cushman & Wakefield - Wilmington, Delaware
Listed By: Ernie Felici · License #DE RA-0020031
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 2:22AM

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 Cushman & Wakefield - Wilmington, Delaware

Investment Insights

Based on property information with market context.

This office property comprises two buildings totaling 50,200 square feet within a condominium structure. The complex is currently 89.3% leased and has undergone recent updates. Existing occupancy includes Fulton Bank, Peninsula Allergy & Asthma, Devereaux Advanced Behavioral Health, Horizon House, and Delaware Division of Child Support Services, reflecting a mix of financial, medical, behavioral health, and public-service uses.

The property is located on DuPont Highway, also identified as Delaware Route 113, approximately one mile from The Circle in Georgetown, Delaware. U.S. Routes 9 and 113, along with Delaware Route 18/404, connect the area with Sussex County and Delaware beach communities. Washington D.C., Baltimore, Wilmington, and Philadelphia are each within a 2-hour drive.

Rockford Georgetown owns Units 2 and 3, representing 81 percent of the condominium, with voting and operational control. The condominium is divided into three ownership units, and several existing leases expire within the next few years.

Key Highlights

  • 50,200‑square‑foot office property comprising two buildings
  • Current occupancy is 89.3% leased
  • Located on DuPont Highway, identified as Delaware Route 113

Property Analytics

Current Use

Business Interface Business Service Center Vocational Rehabilitation Division Social Service Agency DelDOT Admin Offices ... Government Office

Suggested Use

Top Pick Electrical Service Garden Center Grocery & Convenience Store HVAC Service Building Supply (Bike/Boat/Book/etc) 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

89.3%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 19947, DE

20,964
Population
6,972
Households
3
Avg Household Size
37
Median Age
18%
College-Educated
76%
High-School Grad
119.2 sq mi
ZIP Area
176
Density / Sq Mi
$68,529
Median Household Income
$35,227
Median Earnings
$1,298
Median Rent
$294,000
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?
Office building - The property houses medical, banking, behavioral health, and public-service tenants.
Where is this office building located?
The property is located at 20793 Professional Park Blvd Georgetown, DE.
What are key features of this property?
This property features: 50,200‑square‑foot office property comprising two buildings; Current occupancy is 89.3% leased; Located on DuPont Highway, identified as Delaware Route 113
More about this property
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