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21035 Dupont Boulevard
Georgetown, DE 19947-3167
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B
What's Special
8,030 SqFt <ul><li>Absolute NNN lease with ±13.0 years of primary lease term remaining </li><li>Rare 2.25% annual rent escalations </li><li>Fulton Bank carries investment grade credit ratings of 'A' from Morningstar DBRS and 'Baa1' from Moody's</li><li>Exceptional 2025 deposits of $116M, the 2<sup>nd</sup> highest in Sussex County </li><li>Frontage along Dupont Blvd with accessibility to 38,000+ VPD</li><li>Strong demand characteristics driven by 5-mile AHHI of $86K and 22% population growth since 20
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
