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1925 Lovering Ave
Wilmington, DE 19806
Office Property For Sale
Investment Highlights
- 24 parking spaces in addition to non-metered street parking for 50+.
- Very walkable location .
Executive Summary
Sale-leaseback opportunity - 100% fully NNN income with long-term lease for Wilmington, Delaware, HQ building. $600K year one NOI. Ideal for 1031 exchange buyer and investors.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
17,009 SF
Building Class
B
Year Built
1930
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,670 SF
Building FAR
0.99
Lot Size
0.39 AC
Zoning
26R-3 - office residential
Parking
24 Spaces (1.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 26-013.20-146 | Improvements Assessment | $1,321,300 |
| Land Assessment | $219,300 | Total Assessment | $1,540,600 |
Property Taxes
Parcel Number
26-013.20-146
Land Assessment
$219,300
Improvements Assessment
$1,321,300
Total Assessment
$1,540,600
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