Fee Simple Absolute NNN Bank
For Sale
Contact for pricing
Pending
21035 Dupont Boulevard, Georgetown, DE 19947
Fee simple bank asset on a 15-year absolute NNN lease with limited landlord responsibilities and remaining primary term.
Property Size8,030 SF
Days on Market95
Property Features for 21035 Dupont Boulevard
General Information
Standard status
Pending
Size
8,030 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
1979
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Jul 24 at 1:28PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This fee simple bank property is operating under a 15-year absolute NNN lease with Fulton Bank. The lease includes 11.0 years of primary lease term remaining, with 2.25% annual rent escalations. Tenant also benefits from three, five-year renewal options, while the landlord’s responsibilities are stated as zero.
The asset is located at 21035 Dupont Boulevard in Georgetown, Delaware. It is offered as a complete fee simple interest.
For buyers seeking a NNN structure, the “absolute NNN” description and “zero landlord responsibilities” language are key operational considerations. The lease terms provide remaining primary term, scheduled annual rent escalations, and multiple renewal options, while the offering is positioned specifically around the existing Fulton Bank tenancy and lease framework.
The asset is located at 21035 Dupont Boulevard in Georgetown, Delaware. It is offered as a complete fee simple interest.
For buyers seeking a NNN structure, the “absolute NNN” description and “zero landlord responsibilities” language are key operational considerations. The lease terms provide remaining primary term, scheduled annual rent escalations, and multiple renewal options, while the offering is positioned specifically around the existing Fulton Bank tenancy and lease framework.
Key Highlights
- Fee simple Fulton Bank at 21035 Dupont Blvd, Georgetown, Delaware
- 15‑year absolute NNN lease in place with about 13.0 years of primary term remaining
- 2.25% annual rent escalations
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 19947, DE
20,964
Population
6,972
Households
3
Avg Household Size
37
Median Age
18%
College-Educated
76%
High-School Grad
119.2 sq mi
ZIP Area
176
Density / Sq Mi
$68,529
Median Household Income
$35,227
Median Earnings
$1,298
Median Rent
$294,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Fee simple bank asset on a 15-year absolute NNN lease with limited landlord responsibilities and remaining primary term.
Where is this bank located?
The property is located at 21035 Dupont Boulevard Georgetown, DE.
What is the asking price?
The asking price for this property is $3,759,000.
What are key features of this property?
This property features: Fee simple Fulton Bank at 21035 Dupont Blvd, Georgetown, Delaware; 15‑year absolute NNN lease in place with about 13.0 years of primary term remaining; 2.25% annual rent escalations
