Huntington Bank

Properties Sold
HUNTINGTON BANK
Beaver County, PA

PRICE $2,040,000
GLA 1,978 SF
PROPERTY TYPE Retail
CAP RATE 5.50%
LEASE TYPE NNN
LEASE EXPIRATION Jul. 2020
YEAR BUILT n/a
Downloads
OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 4,024
3 – mi. – 31,419
5 – mi. – 67,151
More info in the flyer

INVESTMENT HIGHLIGHTS

  • NNN lease with no landlord responsibilities or expenses
  • Deposits of $74,152,000 in 2016 – Highest in the zip code
  • 5 options to renew the lease each with 10% rental increases
  • Great visibility with traffic counts over 20,000 vehicles per day
  • Huntington Bank is the 32nd largest bank holding company in the United States with over $74 Billion in assets

City:Beaver County
State:PA
Square Feet:1,978 SF
Price:$2,040,000
Cap Rate:5.50%

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