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Bank

Citizens Bank - 2 Property Portfolio

141 S Center St & 165 Broad St, Grove City, PA 16127

Listing Price: $1,072,000

Cap Rate
7.00%
Tenant Name
Citizens Bank
Years Remaining On Lease
3.6
Guarantor
Corporate Guarantee
Rentable SF
11,106
Lease Type
Absolute Net
Rent Per Square Feet
$6.75

Investment Overview

- Located within the Historic Downtown of Grove City - Center Street location features three drive-thru lanes - Surrounding national tenants include: Rite Aid, McDonald’s, Dunkin’ Donuts, Little Caesars, Country Fair and more -Less than one mile from Grove City College (student enrollment approx. 2,200)

Investment Highlights

  • Absolute NNN Lease: no Landlord responsibilities
  • Corporate Guarantee from Citizens Bank, N.A. (S&P: A-)
  • Tenant recently signed lease extension showing commitment to sites

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Bank

Citizens Bank - 2 Property Portfolio

Listing Price: $1,072,000

Cap Rate
7.00%
Tenant Name
Citizens Bank
Years Remaining On Lease
3.6
Guarantor
Corporate Guarantee
Rentable SF
11,106
Lease Type
Absolute Net
Rent Per Square Feet
$6.75

Investment Highlights

  • Absolute NNN Lease: no Landlord responsibilities
  • Corporate Guarantee from Citizens Bank, N.A. (S&P: A-)
  • Tenant recently signed lease extension showing commitment to sites

Investment Overview

- Located within the Historic Downtown of Grove City - Center Street location features three drive-thru lanes - Surrounding national tenants include: Rite Aid, McDonald’s, Dunkin’ Donuts, Little Caesars, Country Fair and more -Less than one mile from Grove City College (student enrollment approx. 2,200)

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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