Citizens Bank

Investment Overview

Recent Lease Extension: Citizens Bank recently exercised its lease extension, demonstrating its long-term commitment to this location and confidence in the branch's continued performance. Established Banking Location: This branch has a long operating history of 52 years and maintains a stable deposit base, highlighting its importance within Citizens Bank's retail network. Single-Tenant Net Lease: 100% leased to Citizens Bank, a leading national financial institution, providing reliable occupancy and stable cash flow. True NNN Investment: Passive investment with minimal landlord responsibilities, making it an ideal asset for investors seeking dependable, hands-off income. Property Size: 4,388 SF freestanding bank branch situated on 0.79 acres, featuring convenient ingress/egress, ample parking, and excellent site visibility. Strong Demographics: Over 147,000 residents within a 5-mile radius and 28,000 residents within a 3-mile radius, supporting consistent banking and retail demand. High Traffic Exposure: Strategically positioned near the intersection of Saltsburg Road and Frankstown Road, which together carry nearly 30,000 vehicles per day, providing outstanding visibility and accessibility. Established Retail Corridor: Surrounded by national retailers including 7-Eleven, Arby's, Walgreens, Dollar General, Midas, Sherwin-Williams, Advance Auto Parts, and more, creating a highly trafficked commercial corridor. Pittsburgh MSA Location: Located in Verona, Pennsylvania, just outside of Pittsburgh, benefiting from the region's stable economy, dense population, and strong employment base.

Investment Highlights

• Recent Lease Extension: Citizens Bank recently exercised its lease extension,
• demonstrating its long-term commitment to this location and confidence in the
• branch's continued performance.
• Established Banking Location: This branch has a long operating history of 52
• years and maintains a stable deposit base, highlighting its importance within
• Citizens Bank's retail network.
• Single-Tenant Net Lease: 100% leased to Citizens Bank, a leading national
• financial institution, providing reliable occupancy and stable cash flow.
• True NNN Investment: Passive investment with minimal landlord responsibilities,
• making it an ideal asset for investors seeking dependable, hands-off income.
• Property Size: 4,388 SF freestanding bank branch situated on 0.79 acres,
• featuring convenient ingress/egress, ample parking, and excellent site visibility.
• Strong Demographics: Over 147,000 residents within a 5-mile radius and 28,000
• residents within a 3-mile radius, supporting consistent banking and retail demand.
• High Traffic Exposure: Strategically positioned near the intersection of Saltsburg
• Road and Frankstown Road, which together carry nearly 30,000 vehicles per day,
• providing outstanding visibility and accessibility.
• Established Retail Corridor: Surrounded by national retailers including 7-Eleven,
• Arby's, Walgreens, Dollar General, Midas, Sherwin-Williams, Advance Auto Parts,
• and more, creating a highly trafficked commercial corridor.
• Pittsburgh MSA Location: Located in Verona, Pennsylvania, just outside of
• Pittsburgh, benefiting from the region's stable economy, dense population, and
• strong employment base.