Delaware Outpatient Surgery Center
774 Christiana Rd, Newark, DE 19713
Call to check price and availability
Medical facility with long-term lease and annual CPI rental increases.
Type:Office, Retail, Special Purpose
Property size:
14,087 SFPrice / SF:
$463/SF- Added:
- Feb 11, 2026
- Days on Market:
- 90
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 774 Christiana Rd
General Information
- Standard status
- Active
- Size
- 14,087 SF
- Property subtype
- Office, Retail, Special Purpose
Building Details
- Year Built
- 2005
Listing agent Matthew Gorman License #PA RS287470
Listing office CBRE - Philadelphia Suburban (484) 567-2340
Listing date Feb 11, 2026
Source Crexi
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 CBRE - Philadelphia Suburban
HighLights
- Long‑term tenancy with a newly extended 10‑year lease and two 5‑year renewal options.
- Corporately guaranteed NNN lease by Minimally Invasive Surgical and Neuroscience Center, LLC, a subsidiary of Surgery Partners, Inc. (NASDAQ: SGRY).
- Annual CPI rental increases, capped at 3% per year.
- $600,000 tenant‑funded renovations underway to create a state‑of‑the‑art surgical center.
- Located within the Neuroscience & Surgery Institute, a well‑established medical campus with over 50 board‑certified physicians.
- Strategic location with high visibility and traffic counts (48,940 VPD) near major economic drivers.
Overview
The property is a multi-specialty medical facility occupied by Delaware Outpatient Surgery Center (DOCS), located within the Neuroscience & Surgery Institute on Christiana Road in Newark, Delaware. DOCS is part of the Surgery Partners network, which includes over 4,600 affiliated physicians across more than 200 locations nationwide, serving over 600,000 patients annually. The center is home to more than 50 board-certified physicians and is known for its medical technology and patient care. The tenant has extended its lease for 10 years with two 5-year renewal options. The lease is corporately guaranteed by Minimally Invasive Surgical and Neuroscience Center, LLC, a subsidiary of Surgery Partners, Inc. The NNN lease includes annual CPI rental increases, capped at 3% per year. The tenant will undergo $600,000 in renovations to transform the facility into a surgical center. The property is located in a region with access to major highways and high traffic counts of 48,940 VPD on Christiana Road, near ChristianaCare healthcare campuses, Bank of America Corporate Campus, and the University of Delaware. The surrounding medical tenants include ChristianaCare, Pivot Physical Therapy, and Delaware Neurosurgical Group. The property is located in a densely populated area with over 199,000 people living within 5 miles and an average household income over $109,000. The property size is 14,087 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Advanced Plastic Surgery ...
Physician
Advanced Plastic Surgery ...
Physician
Delaware Outpatient Center ...
Medical Clinic
Burke Dermatology
Physician
Neuroscience & Surgery Institute
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.6893934
- Latitude
- 39.6791128
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FAQs
What type of property is this?
Medical center - Medical facility with long-term lease and annual CPI rental increases.
Where is this medical center located?
The property is located at 774 Christiana Rd Newark, DE.
What is the asking price?
The asking price for this property is $6,529,000.
What are key features of this property?
This property features: Long‑term tenancy with a newly extended 10‑year lease and two 5‑year renewal options.; Corporately guaranteed NNN lease by Minimally Invasive Surgical and Neuroscience Center, LLC, a subsidiary of Surgery Partners, Inc. (NASDAQ: SGRY).; Annual CPI rental increases, capped at 3% per year.
