1700 N Keyser Ave - Bank FOR SALE


Scranton, PA 18508- Tripp's Park
$1,794,666 USD
332-345-4222
1700 N Keyser Ave, Scranton, PA for Sale
$1,794,666 USD
Bank - FOR SALE
1/2
null | 6% Cap Rate

1700 N Keyser Ave
Scranton, PA 18508
Tripp's Park


HIGHLIGHTS

  • Tenant Has Operated Here for 50 Years!
  • 2% Annual Rental Increases The lease is subject to 2% annual rental increases, which will continue into both 5-year renewal options.
  • Adjacent McDonald's and Sunoco are Top Performing Retailers in Pennsylvania

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Community Bank located at 1700 North Keyser Avenue, Scranton, PA 18508. The site consists of roughly 6,730 rentable square feet of building space on an estimated 1.21-acre parcel of land. This Community Bank is subject to a 5-year Triple Net (NNN) lease, which commenced 9/1/2024. The current annual rent is $107,680 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$1,794,666 USD

PRICE/SF

$181 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Community Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

-

APN/PARCEL ID

12319030001

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.