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Medical Office Building with Exam Rooms
New
For Lease
$18 SF/Yr CAM $3 /USD/SF/YR

375 MULLET Run, Milford, DE 19963

Medical office configuration includes clinical rooms, staff work areas, administrative offices, and ADA-accessible facilities.

Space Size2,500 SF
Days on Market2

Property Features for 375 MULLET Run

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype Commercial
Lease Type NNN
Lease Term Flexible

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Space Use Medical Office
Condition Turnkey

Lease Terms

Lease Rate $18 /USD/SF/YR
Monthly Rent $3,750
Rent per SF/Year $18
CAM $3 /USD/SF/YR

Building Details

Year Built 2006
Units 1
Listing Agency: R&R Commercial Realty
Listed By: Keith Walpole · License #RS-0014425
Source: Elliman
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 4:43AM

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 R&R Commercial Realty

Investment Insights

Based on property information with market context.

Built in 2006, this approximately 2,500-square-foot medical office property is configured for clinical and administrative functions. The layout includes a reception and waiting area, 8 exam rooms, a centrally positioned nurses' station, and a laboratory and procedure room. Multiple physician and administrative offices provide additional workspace, while a break room and supporting areas round out the facility. ADA accessibility is included.

The property is located at 375 Mullet Run in Milford, Delaware. Its existing medical-office arrangement provides a defined combination of patient-facing, treatment, staff, and administrative areas within one building.

Key Highlights

  • Approximately 2,500 +/- SF medical office building
  • 8 exam rooms with a central nurses' station
  • Reception and waiting area for patient intake

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Parking Lot & Garage HVAC Service Law Firm Restaurant

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19963, DE

20,827
Population
10,300
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
198
Density / Sq Mi
$65,420
Median Household Income
$40,157
Median Earnings
$1,161
Median Rent
$291,200
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 configuration includes clinical rooms, staff work areas, administrative offices, and ADA-accessible facilities.
Where is this medical office space located?
The property is located at 375 MULLET Run Milford, DE.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 2,500 +/- SF medical office building; 8 exam rooms with a central nurses' station; Reception and waiting area for patient intake
More about this property
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