NAI Emory Hill Facilitates a $1.2M Sale of NNN-Leased Medical Office Investment in Wilmington, DE
New Castle, DE [May 12, 2025] – NAI Emory Hill, a member of the world’s premier network of commercial real estate firms, is pleased to announce the sale of a single-tenant, NNN-leased investment property located at 1405 Silverside Road, Unit 1C in Wilmington, Delaware.
The 4,243 square-foot medical office condominium was purchased by an out-of-state buyer for the full asking price of $1,200,000. The transaction closed in just 30 days, demonstrating strong market interest and investment demand in stabilized, healthcare-tenanted properties. NAI Emory Hill’s Rich Dudek, SIOR, and Kyle McLaughlin represented the seller in the transaction. The buyer was referred by Paul Bryant of Agape Realty Advisors, Inc.
The property is 100% leased to Greeley & Nista Orthodontics, a highly regarded orthodontic practice that has occupied the space since it was built in 1987. Backed by corporate parent myOrthos since 2021, the tenant brings financial strength and operational stability to the investment. The space features a large, customized medical buildout that includes state-of-the-art orthodontic equipment, creating a high barrier to relocation and further reinforcing the tenant’s long-term commitment to the location.
For more information about this transaction or other opportunities, please contact NAI Emory Hill at 302-322-9500.
About NAI Emory Hill
NAI Emory Hill has been providing full-service commercial real estate support for businesses throughout the Mid-Atlantic and developing wealth-building strategies for investors since 1981. Today, the Emory Hill Companies continue to provide comprehensive real estate services to the Mid-Atlantic region including commercial brokerage, construction, property management, maintenance, and residential real estate services. In 1997, our brokerage services division aligned with NAI Global, the world’s largest managed network of real estate service providers.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com