1340 Middleford Rd Seaford, DE 19973

OFF-MARKET

Office Spaces

2,011 SF Built 2012

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This 2,011 square foot Class B executive office building in Seaford, Delaware, presents a compelling investment opportunity. Located at 1340 Middleford Rd, 19973, this single-unit property boasts an 8.00% cap rate and a strong net operating income (NOI) of $26,400. Built in 2012, the building features a timeless brick exterior and is situated within a well-maintained professional park near TidalHealth's Nanticoke campus. Currently occupied by a long-term tenant, Chesapeake Bay Orthopedics, who recently renewed their lease, the property offers a stable income stream. The interior layout includes a spacious reception area, a large lobby with bathroom, private staff bathroom, four exam rooms, a private office, and an X-ray room. The asking price is $330,000, and seller financing may be available. This property is ideally suited for medical professionals or other professional uses and is priced to sell quickly. The property is a triple net (NNN) lease.

Property type Office Spaces

Year built 2012

Total area 2,011 SF

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Alternative Medicine Practice
Physician Medical Clinic
Physician Medical Clinic
Alternative Medicine Practice
Medical Clinic

1340 Middleford Rd Seaford, DE 19973

Seaford metro

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