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Property profile & analytics
OFF-MARKET
Office Spaces

800 Health Services Dr Seaford, DE 19973

4,800 SF Built 2021
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Seaford, Delaware, featuring a 4,800 square foot Class A medical office building, constructed in 2021. This single-tenant property boasts a nationally recognized medical tenant under a triple-net (NNN) lease with a remaining term of approximately 4.1 years, extending to December 31, 2028. The lease includes annual rent increases of 3% and two three-year renewal options, ensuring consistent income growth. The property enjoys a prime location within Seaford's established medical and professional office corridor, in close proximity to Tidal Health Hospital and other medical facilities. With a current net operating income (NOI) of $81,480 and an asking price of $1,250,000, this investment offers a compelling 6.52% cap rate. The building's high-quality construction and strong tenant occupancy make it an attractive and stable investment opportunity. The property is situated at 800 Health Services Drive, Seaford, DE 19973. This stabilized investment offers a secure and lucrative return for discerning investors seeking a high-quality medical office asset in a thriving Delaware market. The lease commenced July 1, 2021.

Property profile
Verified
Property type Office Spaces
Year built 2021
Total area 4,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Planned Parenthood of Delaware Seaford center Medical Clinic
  • Jessica Day-Chrzaszcz Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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