Medical Office Space
4735 Ogletown Stanton Rd Newark, DE 19713
4735 Ogletown Stanton Rd, Newark, DE, 19713
Contact for pricing
For Sale
Contact for pricing
Medical office space for sale near Christiana Hospital Campus.
Property Size13,132 SF
Price / SF$395.90
Days on Market802
Property Features for 4735 Ogletown Stanton Rd
General Information
- Standard status
- Active
- Size
- 13,132 SF
- Property subtype
- Office
Listing Agency
Zommick McMahon Commercial Real Estate Inc
(302) 383-5156
Listed by
Mark Trani · License #RS330199
Source
Crexi
Added: May 7, 2024 Checked: Jul 15 at 10:54 pm
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 Zommick McMahon Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
This is a rare opportunity to purchase a 13,132 square foot medical office space within The Christiana Hospital Campus. Currently operating as an OBGYN practice, the space is located on the second floor and accessible by elevator. The suite features 19 exam rooms, 9 individual offices, 2 large back offices or conference rooms, and a large staff kitchen and break room. There is also a large laboratory and 9 bathrooms. The spacious waiting room includes a child-friendly cut-out. A large reception and front office area is also present. The property includes an attached suite with a separate entrance off the second floor, featuring 3 exam rooms, 1 office, 1 bathroom, and its own reception and waiting area. The main suite has locked access.
Key Highlights
- Medical office space within The Christiana Hospital Campus.
- Large space: 13,132 square feet.
- Includes 19 Exam Rooms and 9 Individual Offices.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $360.9k | $27.48 |
| − Vacancy | −$45.1k | −$3.44 |
| EGI | $315.8k | $24.05 |
| − OpEx | −$126.3k | −$9.62 |
| NOI | $189.5k | $14.43 |
13,132 SF · lease $27.48/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.71M
$2.37M – $3.16M
NOI $189,455 @ 7.0% cap · market cap 3.64%
Second Best
Office B
$2.56M
$2.24M – $2.98M
NOI $178,866 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$3.14M
$2.75M – $3.66M
NOI $219,874 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dua Amit DDS
Dental Office
ChristianaCare Kidney Transplant ...
Physician
Poleck Aaron DDS
Dental Office
ChristianaCare Sleep Wellness ...
Medical Clinic
Physiatrist Associates
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Banfield Pet Hospital — 1291 Churchmans Rd, Newark, DE 19713
FAQs
What type of property is this?
Medical Office Space - Medical office space for sale near Christiana Hospital Campus.
Where is this medical office space located?
The property is located at 4735 Ogletown Stanton Rd Newark, DE.
What is the asking price?
The asking price for this property is $5,199,000.
What are key features of this property?
This property features: Medical office space within The Christiana Hospital Campus.; Large space: **13,132 square feet**.; Includes **19 Exam Rooms** and 9 Individual Offices.
