774 Christiana Rd - Delaware Outpatient Center for Surgery (DOCS) 14,087 SF Medical Condo Unit Offered at $6,529,000 in Newark, DE 19713

CBRE is pleased to exclusively present for sale the real estate that is occupied by Delaware Outpatient Surgery Center (DOCS), a state-of-the-art, multi-specialty medical facility located within the Neuroscience & Surgery Institute on Christiana Road in Newark, Delaware. DOCS is part of the Surgery Partners network, which includes over 4,600 affiliated physicians across more than 200 locations nationwide, serving over 600,000 patients annually. The center, a cornerstone of the 80,000 square foot medical campus, is home to more than 50 board-certified physicians and is known for its cutting-edge medical technology and patient care. Recently, the facility has extended its lease for 10 years with two 5-year renewal options, ensuring long-term tenancy at this mission-critical location. The lease is corporately guaranteed by Minimally Invasive Surgical and Neuroscience Center, LLC, a subsidiary of Surgery Partners, Inc. (NASDAQ: SGRY), providing a strong and secure income stream for the landlord. Additionally, the NNN lease includes annual CPI rental increases, capped at 3% per year, offering reliable rent growth for investors. As part of the recent lease extension, the tenant will undergo $600,000 in renovations to transform the facility into a state-of-the-art surgical center, making this a highly “sticky” tenant with substantial investment in its space. The property is well-positioned in a region with excellent access to major highways and high traffic counts of 48,940 VPD on Christiana Road, placing it near key economic drivers such as ChristianaCare healthcare campuses, Bank of America Corporate Campus, and the University of Delaware. This asset represents a rare opportunity to acquire a stabilized, medical-tenanted property in a densely populated and affluent area, with exceptional demographics and visibility. The surrounding medical tenants, including ChristianaCare, Pivot Physical Therapy, and Delaware Neurosurgical Group, further strengthen the demand for healthcare services in the area. With over 199,000 people living within 5 miles and an average household income over $109,000, this location provides both strong current demand and future growth potential.