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Georgetown Professional Center Office Space
For Lease
$29 SF/Yr

420 OLD LAUREL ROAD, Georgetown, DE 19947

New medical/professional office space in Georgetown Professional Center.

Space SizeContact for details
Property Size13,080 SF
Lot Size2.00 Acres
Days on Market153

Property Features for 420 OLD LAUREL ROAD

General Information

Standard status Active
Size 13,080 SF
Lot size 2.00 Acres
Property subtype Commercial
Lease Term Flexible

Building Details

Year Built 2025
Listing Agency: NAI Coastal
Listed By: Shelby Gillis · License #5008965
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:46AM

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 NAI Coastal

Investment Insights

Based on property information with market context.

Scheduled for delivery in 2025, this newly constructed build-to-suit medical and professional office space is available for lease in the Georgetown Professional Center, Delaware. The property offers up to 13,080 square feet of space, with a minimum divisibility of 2,000 square feet. The center is strategically located just off US Route 113, less than half a mile from the new Sussex County Family Court building (over 100,000 square feet) and the Sussex County Courthouse. It also provides convenient access to both Maryland and Delaware beaches. Current tenants include Nanticoke Immediate Care, Pediatric Dentistry, Family Practitioners, Life Star Response, and a Veterinary Surgical Clinic.

Key Highlights

  • New construction build‑to‑suit medical/professional office space with 2025 delivery.
  • Located in the prestigious Georgetown Professional Center.
  • Strategically located off US Route 113, near the Sussex County Courthouse and Family Court.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Spa & Massage Center Storage Facility Nail Salon

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby
Balanced
Demand for This Use

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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Similar Off Market Nearby

  • Gooss Jr Donald a DVM 20784 Dupont Blvd, Georgetown, DE 19947
  • Georgetown Animal Hospital 20784 Dupont Blvd, Georgetown, DE 19947

Frequently Asked Questions

What type of property is this?
Medical Office Space - New medical/professional office space in Georgetown Professional Center.
Where is this medical office space located?
The property is located at 420 OLD LAUREL ROAD Georgetown, DE.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: New construction build‑to‑suit medical/professional office space with 2025 delivery.; Located in the prestigious Georgetown Professional Center.; Strategically located off US Route 113, near the Sussex County Courthouse and Family Court.
More about this property
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