NNN Leased Industrial Investment property in Seaford, DE in the Seaford Industrial Park. Current income is $290,623. Tenants reimburse for taxes and insurance. 2 strong tenants. Offered at an 8% cap rate.
Seaford, DE is business friendly with no inventory tax and no sales tax. Economic Incentives are offered through the City of Seaford. Located in the Opportunity Zone.
Property consists of 5 buildings totaling 42,660 square feet.
Building 1 - All office / showroom - fully conditioned - 1 overhead door and 1 restroom
Building 2 - 21' ceiling with 20 x 40 heated and cooled office. Offers 1 restroom. 3 Drive-in Doors
Building 3 - 21 ceiling height. Natural gas suspended heaters. Small office with heat & air and restrooms. 3 Drive-in doors
Building 4 - 21- ceiling height. Natural gas heaters. No office area. 3 Drive-in doors
Building 5 - 21' ceiling height. Natural gas suspended heaters. Small office with heat & air and 2nd office space with air and portable heat when needed.
All buildings are well insulated with concrete floors.
The income description goes here to explain
| List Price | $3,600,000 |
| Property Type | Industrial |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1999 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 53110.00236.09 |
| MLS # | DESU2087652 |
| Property ID | 321864174 |
| Lot Sqft | 123,275 |
| Zoning | M-1 LT INDUSTRIAL |
| Total Units | 5 |
| Days on Market | 221 |
| Original List Price | Unknown |
| Date Updated | June 06, 2025 |
| Date Created | June 04, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $290,623 | $0 |
| Net Income (Yr) | $ 290,623 |
| Cap Rate | 8.07% |
Florence Brotzman an agent of SVN/Miller Commercial Real Estate.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT