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Bank

Bank of America Ground Lease

1980 Sproul Rd, Broomall, PA 19008

Listing Price: $5,545,000

Cap Rate
6.00%
Tenant Name
Bank of America
Years Remaining On Lease
7.5
Guarantor
Corporate Guarantee
Rentable SF
4,387
Lease Type
Ground Lease
Rent Per Square Feet
$75.85

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN Ground Lease Bank of America located at 1980 Sproul Rd, Broomall, Pennsylvania.

Investment Highlights

  • July 2023 Cap Rate =  6.60%
  • 4-5 Year Renewal Options
  • Zero Landlord Responsibilities

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Listing Price: $5,545,000

Cap Rate
6.00%
Tenant Name
Bank of America
Years Remaining On Lease
7.5
Guarantor
Corporate Guarantee
Rentable SF
4,387
Lease Type
Ground Lease
Rent Per Square Feet
$75.85

Investment Highlights

  • July 2023 Cap Rate =  6.60%
  • 4-5 Year Renewal Options
  • Zero Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN Ground Lease Bank of America located at 1980 Sproul Rd, Broomall, Pennsylvania.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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