Bank Property with Absolute NNN
1803 Marsh Rd, Wilmington, DE 19810
For Sale
New
$4,756,000
JPMorgan Chase occupies the property under an absolute NNN lease.
Property Size3,848 SF
Days on Market3
Property Features for 1803 Marsh Rd
General Information
Standard status
Size
Property subtype
Net Operating Income
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Faris Lee Investments
Listed By:
Jeff Conover · License CA #01008195
(949) 412-1616
Source:
Farislee
Added: Nov 8
Last Checked: Nov 8 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faris Lee Investments
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Investment Insights
Based on property information with market context.
Built in 2009, this bank property is occupied by JPMorgan Chase. The absolute NNN lease runs through 2041 and includes 10% rent increases every five years. The tenant is rated AA- by S&P for long-term credit. Tenant responsibilities include the roof, parking lot, taxes, insurance, HVAC, and CAM.
The property is on Marsh Road, a major retail thoroughfare with reported traffic of over 24,000 vehicles per day. The trade area includes more than 173,000 people and has an AHHI of $163,584.
The property is on Marsh Road, a major retail thoroughfare with reported traffic of over 24,000 vehicles per day. The trade area includes more than 173,000 people and has an AHHI of $163,584.
Key Highlights
- JPMorgan Chase tenancy under an absolute NNN lease through 2041
- 10% rent increases every five years
- Tenant is rated AA- by S&P for long‑term credit
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
97k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Dining 32%
Shops & Services 27%
Beauty & Spa 3%
ACME Markets
Groceries
33,651 visits/mo
0.1 miles
Dunkin' Donuts
Dining
14,587 visits/mo
0.2 miles
Starbucks
Dining
12,119 visits/mo
0.1 miles
Shell
Shops & Services
11,237 visits/mo
0.3 miles
M&T Bank
Shops & Services
8,172 visits/mo
0.1 miles
Demographics for 19810, DE
25,270
Population
11,000
Households
2.3
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
7.9 sq mi
ZIP Area
3,199
Density / Sq Mi
$110,486
Median Household Income
$61,118
Median Earnings
$1,517
Median Rent
$420,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Bank - JPMorgan Chase occupies the property under an absolute NNN lease.
Where is this bank located?
The property is located at 1803 Marsh Rd Wilmington, DE.
What is the asking price?
The asking price for this property is $4,756,000.
What are key features of this property?
This property features: JPMorgan Chase tenancy under an absolute NNN lease through 2041; 10% rent increases every five years; Tenant is rated AA- by S&P for long‑term credit
