850 Penn Ave - Bank FOR SALE
Turtle Creek, PA 15145 |
$1,548,000 USD
216-264-2000
850 Penn Ave
Turtle Creek, PA 15145
HIGHLIGHTS
- Citizens Bank Abs NNN Lease with 5.3 Years Remaining in Suburban Pittsburgh, PA
- Recent 5-Year Extension thru July 2030, Demonstrating Continued Commitment to the Site
- Strong Deposits of $87M & 22% Cumulative Increase in Deposits Over Trailing 6 Years
- Absolute NNN Lease - Zero Landlord Responsibilities
- Lessee Entity Citizens Bank, N.A. Carries S&P "A-" High Investment-Grade Credit Rating with Stable Outlook
- Located Along Penn Ave, Just 500 Feet off of the Tri-Boro Expressway (Major East-West Arterial) with 10,670 VPD
FOR SALE DETAILS
PRICE
$1,548,000 USD
PRICE/SF
$147 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Citizens Bank| Abs NNN | Strong Deposits
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,265 SF
ZONING
C
APN/PARCEL ID
0455-P-00050-0000-00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
216-264-2000
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
216-264-2000
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
