701 N Porter St
SEAFORD, DE 19973

$2,500,000

Description

INVESTMENT OPPORTUNITY- 12,480 SF building situated on 2.46 +/- acres. Single, national credit tenant. Absolute Net. Completely hands free deal tenant takes care of everything. 11+ years remaining on initial term lease. 9% rental increases during option periods. 6% CAP. Located in the town of Seaford, DE.

Details

MLS#1002202386
StyleIndustrial
Sub-TypeResale
StatusActive
Year2014
Days On Site124

Features

SQ Feet12,480
Story(s)0
ZoningQ

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Area Information

StateDE
CitySEAFORD
Zip Code19973
AreaSeaford Hundred (31013)
Listing VS Median (in 19973)
Price:
$2,500,000
low | high
Med:
$150,000
100% of Average
SqFt:
12,480
low | high
Med:
1,032
100% of Average
$ / SqFt:
$200
low | high
Med:
$36
100% of Average
On Site:
124
low | high
Med:
92
100% of Average
Listing Updated: 03/25/2019
MLS Number: 1002202386
Listing Provided By:
William Rinnier  of  Rinnier Development Co