2600 Glasgow Ave, Newark, DE 19702
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.
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Joseph Thornton, MD Physician Medical Clinic
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Christiana Hernia Center Medical Clinic
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Behavioral Health Associates Medical Clinic
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Marc D. Richman, PhD Physician Medical Clinic
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Delaware Foot and Ankle Group Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ON · Newark, DENewark. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.