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1535 Savannah Rd
Lewes, DE 19958
Beebe Healthcare · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Recent 7-Year Lease Extension
- Minimal Landlord Obligations
- Strong Market Demographics
- Corporately Guaranteed
- Proximity to Beebe Hospital
EXECUTIVE SUMMARY
Peranich Huffman Net Lease Group is pleased to offer the exclusive opportunity to acquire Beebe Healthcare, located at 1535 Savannah Road in Lewes, Delaware. The 9,240 SF single-tenant medical facility is positioned on 1.54 acres and operated by a leading regional healthcare provider. Situated less than two miles from Beebe Hospital with direct access to Coastal Highway (DE-1), the subject property offers strong visibility and convenient regional connectivity. Additionally, the subject property benefits from a steadily growing coastal population including many retirement communities, bolstering the demand for specialty medical care.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,240 SF
Building Class
B
Year Built
2015
Price
$5,098,189 CAD
Price Per SF
$551.75 CAD
Cap Rate
6.50%
NOI
$331,382 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,240 SF
Building FAR
0.14
Lot Size
1.52 AC
Zoning
F1 - Commercial
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