Fee Simple Absolute NNN Bank
21035 Dupont Boulevard Georgetown, DE 19947
21035 Dupont Boulevard, Georgetown, DE, 19947
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For Sale
Contact for pricing
Pending
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 Market49
Property Features for 21035 Dupont Boulevard
General Information
- Standard status
- Pending
- Size
- 8,030 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing agency
JLL Chicago | Americas Headquarters
Listed by
Alex Sharrin · License #IL 475.170243
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 19 at 7:25AM
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
Location Intelligence
Current Use by Public Records
Raymond James Financial ...
Financial Advisor
Fulton Bank
Bank
Delaware National Bank
Bank
Fulton Mortgage Company
Loan Service
FFC Management Inc
Business Management Consultant
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FAQs
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
