Citizens Bank - NNN Investment

7248 Rising Sun Avenue, Philadelphia PA 19111
Offering Memorandum
Citizens Bank Net Leased Investment
5 Years Remaining on a Corporate Guaranteed Net Leased Investment
Property Details
  • Freestanding, 3,000 ±SF
  • Situated on 0.32 Acres, with 10 parking spaces & additional street parking
  • Located less than 300 feet from intersection of Rising Sun Ave & Cottman Ave
  • Strong demographics with population over 293,354 and daytime population over 154,620 and average HH income over $62,101 within 3-mile radius of the property
  • Strong vehicle traffic counts – 10,606 ADT on Rising Sun Ave and 23,654 ADT on Cottman Avenue
Investment Highlights
  • Price: $1,250,000
  • Cap Rate: 7.10%
  • Lease Type: NNN with landlord responsibilities of Roof & HVAC
Contact
Property Location

Citizens Bank NNN

7248 Rising Sun Ave
Philadelphia, PA 19111