Park Professional

1340 Middleford Road #403 Seaford, DE 19973

1340 Middleford Road #403, Seaford, DE, 19973
Front entrance - End Unit
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$330,000
Last Verified:
Nov 19, 2024

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Highlights

  • Long-term tenant in place
  • Well-maintained professional park
  • Timeless brick look

Description

8% Cap Rate!!!! Seller financing may be an option!! Commercial investment property with a longstanding tenant in place since 2012, Chesapeake Bay Orthopedics, who also recently renewed their lease. The unit has a nice layout with a large lobby w/ bathroom, spacious reception and work area for staff, private staff bathroom, 4 exam rooms, private office, and an X-ray room. Located in a planned professional park near TidalHealth's Nanticoke campus, the property is well-positioned to attract physicians as well as for any professional uses. Being offered "priced to sell", don't wait to act because this will likely sell quickly.

Middleford Rd, turn north into Park Professional Center. Unit is in the second building on the left.


Year Built: 2012
Building Size: 2011sq ft
Building Class: B
Lot Size: 0 acres


Documents

SVN - Brochure (P)

Map of 1340 Middleford Road #403, Seaford, DE, 19973

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.