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Bank

Citizens Bank

31 Foster Ave, Pittsburgh, PA 15205

Listing Price: $1,525,000

Cap Rate
6.50%
Tenant Name
Citizens Bank
Years Remaining On Lease
3.7
Gross SF
2,951
Guarantor
Corporate Guarantee
Rentable SF
2,951
Price/Gross SF
$516.77
Lease Type
Absolute Net
Rent Per Square Feet
$33.60

Investment Overview

Property is an absolute NNN lease Citizens Bank located in Pittsburgh, PA. The site is located along a dense retail corridor with multiple nearby national tenants including Domino's Pizza, CVS, Walgreens, Advance Auto Parts, Dollar Tree, Rite Aid, Dunkin' Donuts and more.

Investment Highlights

  • $77 million in deposits in 2020
  • Corporate guarantee absolute NNN lease
  • Three, 5-year renewal options

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Listing Price: $1,525,000

Cap Rate
6.50%
Tenant Name
Citizens Bank
Years Remaining On Lease
3.7
Gross SF
2,951
Guarantor
Corporate Guarantee
Rentable SF
2,951
Price/Gross SF
$516.77
Lease Type
Absolute Net
Rent Per Square Feet
$33.60

Investment Highlights

  • $77 million in deposits in 2020
  • Corporate guarantee absolute NNN lease
  • Three, 5-year renewal options

Investment Overview

Property is an absolute NNN lease Citizens Bank located in Pittsburgh, PA. The site is located along a dense retail corridor with multiple nearby national tenants including Domino's Pizza, CVS, Walgreens, Advance Auto Parts, Dollar Tree, Rite Aid, Dunkin' Donuts and more.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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