2600 Glasgow Ave Newark, DE 19702
For Sale
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Property summary
This exceptional 109,000+ square foot medical office complex, situated on an expansive 11.72-acre lot in Newark, Delaware, presents a unique investment opportunity. The property, known as Glasgow Medical Center, boasts a prime location just minutes from I-95, ensuring convenient access for both patients and staff. The building features six covered entrances with handicap accessibility, providing ease of access for all. Three elevators efficiently service the multiple tenants within the building. Currently, there are 15,236 square feet of vacant space available, divisible into units ranging from a minimum of 1,475 square feet to a maximum contiguous space of 3,972 square feet. Larger contiguous spaces may be available through combination of units. The property offers ample parking for tenants and visitors, a significant advantage in a high-traffic area. On-site facility management ensures seamless operations and exceptional tenant support. The surrounding area offers a vibrant mix of corporate campuses, shopping, restaurants, and entertainment options, creating a desirable location for medical professionals and their patients. The building enjoys 100% medical occupancy, indicating a strong and stable tenant base. This property is an ideal choice for medical practices seeking a well-maintained, conveniently located, and fully equipped office space.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Medical Clinic
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Medical Clinic
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Physician Medical Clinic
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Physician
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ON · Newark, DEZoning
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Zoning designation
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The district profile from the municipal source: what is on file for ON in Newark, DE.
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