Property Details

Shore United Bank

Felton, DE
Property ID: 8355

Financial Summary

Asking Price $1,565,572
Cap Rate 6.25%
Net Operating Income (NOI) $97,848
Lease Type NNN
The Offering Memorandum for this property is no longer available.

Contact

Natalia Nunno
Associate Director
703.787.4715

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Highlights

  • Absolute NNN – no landlord responsibilities
  • Corporate guarantee by Shore Bancshares, Inc (Nasdaq: SBHI)
  • Located approximately 10 miles from the Delaware Bay beaches and vacation areas
  • 10 miles from Dover, DE, the second largest city in DE
  • Major employers in the area Dover Air Force Base and Kent County Government

Location

120 W. Main Street
Felton, DE

Leigh ClineShore United Bank