request_info_guest false
Street View
Map
10 Photos

New Chase Bank | Abs. NNN | 15 Yr Lease

$4,756,000

1803 Marsh Rd, Wilmington, DE 19810

Active
Last Updated: 11/05/2026

4.1

Cap Rate

195,000

NOI

Details:
Cap Rate:    4.1%
NOI:    $195,000
Building Size:    3,848 sqft
Lot Area:    0.9015 acres
Class:    C
Units:    1
Year Built:    2009
Floors:    1
Parking Spots:    27
Highlights:
  • JPMorgan Chase: Investment Grade (S&P): AA-
  • Long-Term 15-Year Lease Until 2041 | 10% Rent Increases Every Five Years
  • Absolute NNN Lease | Tenant Responsible for Roof, Parking Lot, Taxes, Insurance, HVAC, CAM
  • Building & Land Ownership | Tax Benefits
  • Affluent Demographic and Established Customer Base / $163,584 AHHI & Over 173,000 People within the trade area
  • Located On Major Retail Thoroughfare / Marsh Road - Over 24,000 VPD Intersection
Description:

Delaware Broker of Record: MICHAEL S. SALVONE - License No. RB-0002849
Faris Lee Investments is pleased to present the opportunity to acquire a JPMorgan Chase Bank investment property at 1803 Marsh Road in Wilmington, Delaware. Offered at $4,756,000, the property generates $195,000 in annual net operating income. The offering includes a 3,848-square-foot bank building situated on approximately 0.92 acres and secured by a 15-year absolute NNN lease expiring June 30, 2041. Scheduled 10% rental increases every five years provide contractual income growth, while two five-year renewal options offer potential tenancy through 2051. Tenant responsibility for property taxes, insurance, utilities, the roof, and ongoing maintenance, including structural components, and parking lot supports a passive ownership structure.

The lease is directly executed with JPMorgan Chase Bank, N.A., the principal banking subsidiary of JPMorgan Chase & Co. (NYSE: JPM). The tenant carries an investment grade S&P rating of AA-. Its parent company reported approximately $4.4 trillion in assets, $182.5 billion in total net revenue, and $57.05 billion in net income for 2025, with a market capitalization of approximately $891.2 billion as of October 2026, demonstrating substantial financial scale and diversified operations. Through the Chase and J.P. Morgan brands, the organization provides consumer and commercial banking, payments, investment banking, and wealth-management services. Chase’s June 2026 opening at the property establishes a new banking presence serving the surrounding community.

The property occupies a signalized corner at Marsh Road and Silverside Road in North Wilmington, with access from both roadways and combined traffic counts of approximately 24,200 vehicles per day. Nearby ACME-anchored Branmar Plaza and the Shoppes of Graylyn place the branch within an established retail corridor serving surrounding residential neighborhoods. Average household incomes of over $163,000 within one mile and above $148,000 within three miles support an affluent customer base, complemented by over 173,000 residents and over 80,000 employees within five miles. The location also benefits from northern New Castle County’s concentration of financial services, healthcare, and corporate employers and its position within the Philadelphia-Camden-Wilmington metropolitan area.

Signalized corner at Marsh Road and Silverside Road in North Wilmington, with access from both roadways and combined traffic counts of approximately 24,200 vehicles per day.

Map:
Location
Gallery