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Key Details
Sold Price $1,395,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 6,832 sqft
Price per Sqft $204
MLS Listing ID DESU2063400
Sold Date 10/25/24
Originating Board BRIGHT
Year Built 2007
Property Description
SALE/LEASEBACK OPPORTUNITY! Statewide nonprofit wishes to redeploy its capital in order to expand its services in Sussex County. Seller purchased the building as new construction in 2007 and has occupied it continuously to the present. Seller will lease back the property at market rates, triple net, five year initial term with three five-year options. Ideal candidate for 1031 exchange or capital investment. No sale without lease back.
Location
State DE
County Sussex
Area Seaford Hundred (31013)
Zoning OFFICE
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 38.0
Water Access N
Roof Type Architectural Shingle
Accessibility 2+ Access Exits, 48\"+ Halls, No Stairs
Total Parking Spaces 38
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Seaford
Others
Tax ID NO TAX RECORD
Ownership Condominium
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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Bought with BOB WHEATLEY • KELLER WILLIAMS COMMERCIAL