9315 Ocean Hwy Delmar, MD 21875
For Lease
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This exceptional 13,000 square foot building in Delmar, MD, presents a unique investment opportunity. Previously operating as a surgery center and medical office, this versatile property offers flexible leasing options. The building comprises a 7,200 square foot surgery center, a 3,500 square foot medical office, and a 2,300 square foot second-floor space, each with its own entrance and restrooms. Leasing can be arranged for the entire building, or individual sections. The asking lease rate is $16.50 per square foot for the entire building or the 3,500 square foot medical office portion. The 7,200 square foot surgery center is available for $18.00 per square foot. The 2,300 square foot second-floor space is available separately at $8.00 per square foot, but only after the surgery center is leased. The property boasts a convenient covered drop-off/pick-up area and ample parking. Its adaptable design allows for conversion to traditional professional office space. The building is in excellent condition and strategically located on Route 13 between Salisbury, MD and Delmar, MD/DE, providing access to Wicomico and Sussex Counties. The property benefits from easy highway access, acceleration/deceleration lanes, pylon signage, and established stormwater management. The entire property is also available for purchase at $1,987,500, with an adjacent 2.5+ acre parcel available for an additional $500,000.
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Peninsula Endoscopy Center: Routenberg John MD Physician
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Peninsula Endoscopy Center Medical Clinic
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Dr. Georgianna K. Mitchell, MD Physician
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Qualey Deborah A MD Physician
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Best Remedy Urgent Care, LLC. Medical Clinic
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
C · Delmar, MDCosts & 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.