Description
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 restroomBuilding 2 - 21' ceiling with 20 x 40 heated and cooled office. Offers 1 restroom. 3 Drive-in DoorsBuilding 3 - 21 ceiling height. Natural gas suspended heaters. Small office with heat & air and restrooms. 3 Drive-in doorsBuilding 4 - 21- ceiling height. Natural gas heaters. No office area. 3 Drive-in doorsBuilding 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.
Details
| MLS # | DESU2087652 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1999 |
| Days On Site | 18 |
| Listing Provided By | SVN/Miller Commercial Real Estate | Florence Brotzman |
Features
| Units | 5 |
|---|---|
| Zoning | M-1 LT INDUSTRIAL |
| Acreage | 2.83 |
Interior
| Cooling | Zoned |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s), Other |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Security System, Surveillance Sys |
| Construction Materials | Metal Siding |
| Foundation Details | Slab |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 12292 |
Market Activity 19973
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Learn More About This Property
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | SEAFORD |
| Zip Code | 19973 |
| Area | Seaford Hundred (31013) |
| School District | SEAFORD |
| Listing VS Median (in 19973) | |
Price: $3,600,000 low | high Med: $332,400 On site: 18 low | high Med: 40.500000 | |
