Philadelphia, PA 19149

Citizens Bank (S&P A- Rating)

Property Address

6537 Castor Avenue, Philadelphia, PA, USA

Offering Summary

  • Price: $2,034,000
  • Lot Size: .19 Acres
  • Cap Rate: 6.50%
  • Year Built: 1972
  • Building SF: 3,507
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Corporate Lease with Citizens Bank, N.A. (S&P A-)
  • 4 Years Remaining on Lease Term
  • 2.5% Annual Rental Increases
  • 747,736 Residents within a 5-Mile Radius - Densesly Populated Northeast Philadelphia Neighborhood
  • Signalized Hard Corner Location at the Intersection of Castor Avenue and Magee Avenue (21,660+ Cars/Day)
  • Situated at the SEPTA Castor Ave/Everett Ave Bus Stop
  • Down the Road from Major Retail Corridor - Target, Ross, Burlington, PetSmart, etc.

Broker Information