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- LoopNet Team
1405 Silverside Rd
Wilmington, DE 19810
Office Property For Sale
EXECUTIVE SUMMARY
This single-tenant, NNN investment opportunity offers a hands-off, recession-proof opportunity in a densely populated North Wilmington suburban neighborhood. A tenant since 1987, Greeley & Nista Orthodontics, corporately backed by myOrthos since 2021, operates in a highly specialized space with a large, custom buildout, creating a high barrier to relocation. The property boasts a high parking ration, accommodating up to 200 patients per day, further enhancing its long-term value. Current lease term is until 5.31.2028. Tenant has 1 additional option for 5 years with 2.5% increases per year.
PROPERTY FACTS
| Property Type | Office | No. Stories | 1 |
| Property Subtype | Medical | Year Built | 1987 |
| Building Class | C | Parking Ratio | 2.37/1,000 SF |
| Lot Size | 3.84 AC | APN / Parcel ID | |
| Rentable Building Area | 6,736 SF | ||
| Zoning | ON | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | C |
| Lot Size | 3.84 AC |
| Rentable Building Area | 6,736 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Parking Ratio | 2.37/1,000 SF |
| APN / Parcel ID | |
| Zoning | ON |
