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Below is a list of some single tenant net lease bank investment properties that are currently for sale in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, West Virginia, and Washington D.C. This list of available Investment Properties is intended for the use and benefit of Equity Retail Brokers current and prospective commercial real estate investment clients. The list is compiled for our clients to give them an understanding of current pricing of Net Lease bank properties in the region. The information has been gathered from a variety of sources. Some of these properties are listed by Equity Retail Brokers, while others are listed by other brokers or are being directly marketed by the owner. However they are listed, we at Equity Retail Brokers, either as a dual or a buyer's agent, can represent our client's interest in obtaining information and negotiating the purchase of any of the properties.
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Bank | City | State | Asking Price | Cap Rate | Lease (Years Left) | Lease Type | Lease Increases | 2019 Deposits | Investors Bank | Avenel | NJ | $3,100,000 | 4.00% | 10 | Ground | N/A | $33,552,000 | Bank of America | Parsippany | NJ | $8,125,000 | 4.00% | 12 | NNN | 12% every 5 years | $78,289,000 | TD Bank | Great Falls | VA | $9,059,000 | 4.25% | 17.3 | Ground | 10% every 5 years | $44,399,000 | Chase Bank | Woodbridge Twp | NJ | $6,352,941 | 4.25% | 20 | Ground | 10% every 5 years | New Branch | Chase Bank | Kensington | MD | $6,125,000 | 4.50% | 15 | NNN | 10% every 5 years | New Branch | Bank of America | Petersburg | VA | $1,092,722 | 4.50% | 5.4 | Ground | 15% in options | $73,184,000 | Wells Fargo | Blackwood | NJ | $7,600,520 | 5.00% | 9 | Ground | 13.5% every 5 years | $75,089,000 | Wells Fargo | Mechanicsville | VA | $2,723,581 | 5.25% | 9.2 | NNN | 2% annually | $76,589,000 | Citizens Bank | Glen Mills | PA | $5,510,407 | 5.40% | 11 | Ground | 15% every 5 years | $78,775,000 | Santander Bank | Shillington | PA | $1,390,909 | 5.50% | 5.75 | NNN | N/A | $101,786,000 | BB&T Bank | Vineland | NJ | $1,020,000 | 5.50% | 9 | NNN | 2% annually | $70,332,000 | PNC Bank | Baltimore | MD | $2,315,700 | 5.70% | Unknown | NNN | Unknown | $33,971,000 | SunTrust | Stafford | VA | $4,083,556 | 5.70% | 8.5 | NNN | 1.5% annually | $62,579,000 | Bank of America | Gambrills | MD | $3,156,521 | 5.75% | 9 | Ground | 15% every 5 years | $47,170,000 | SunTrust | Fredericksburg | VA | $2,765,619 | 5.75% | 9 | Ground | 10% in March, 2023 | $69,430,000 | BB&T Bank | Richwood | NJ | $1,867,000 | 5.75% | 9 | NNN | 2% annually | $50,896,000 | PNC Bank | North Brunswick | NJ | $2,285,000 | 5.75% | 6.4 | NNN | 1.25-2.25% annually | $40,596,000 | Embassy Bank | Bethlehem | PA | $3,485,382 | 5.80% | 4.5 | NNN | 1.5% annually | $105,899,000 | PNC Bank | Bowie | MD | $3,747,000 | 6.00% | 9 | Ground | N/A | $62,976,000 | Bank of America | Baltimore | MD | $1,389,000 | 6.00% | 4 | NNN | 2.5% annually | $42,033,000 | SunTrust | Manakin-Sabot | VA | $2,999,000 | 6.05% | Unknown | NNN | 3% annually | $50,461,000 | TD Bank | Forked River | NJ | $6,200,000 | 6.23% | 4.9 | Ground | 12% every 5 years | $217,118,000 | M&T Bank | Sinking Spring | PA | $1,680,000 | 6.25% | 5 | NNN | N/A | $116,069,000 | WSFS Bank | Riverton | NJ | $1,742,400 | 6.25% | 4 | NNN | 10% every 5 years | $66,180,000 | First Bank | Pennington | NJ | $1,307,692 | 6.50% | 9.5 | NN | N/A | $15,044,000 | Huntington Bank | Monaca | PA | $1,895,384 | 6.50% | 5.6 | Ground | 10% every 5 years | $74,556,000 | SunTrust | South Boston | VA | $1,832,492 | 6.50% | 10 | NNN | 1.5% annually | $71,829,000 | PNC Bank | Lansdowne | PA | $2,475,000 | 6.50% | 4 | NNN | 10% every 5 years | $56,050,000 | SunTrust | Manassas | VA | $7,170,370 | 6.75% | 8.7 | Ground | 10% every 5 years | $57,929,000 | BB&T Bank | Quakertown | PA | $2,685,000 | 6.76% | 4 | Ground | N/A | $36,151,000 | Bank of America | Fair Lawn | NJ | $6,050,000 | 7.00% | 4.7 | Ground | 10% every 5 years | $80,002,000 | Citizens Bank | Munhall | PA | $447,628 | 7.25% | 3.2 | NNN | 1% annually | $0 | Wells Fargo | York | PA | $1,095,000 | 7.44% | 4.8 | NNN | N/A | $21,633,000 | Citizens Bank | Grove City | PA | $931,471 | 7.75% | 3.3 | NNN | 1% annually | $41,526,000 | Citizens Bank | West Grove | PA | $971,888 | 8.00% | 4 | NNN | 1% annually | $56,000,000 | Embassy Bank | Easton | PA | $1,373,553 | 8.50% | 5 | NNN | 2.5% annually | $87,072,000 | Citizens Bank | Shippensburg | PA | $559,580 | 8.80% | 2.4 | NNN | 1% annually | $35,826,000 | Citizens Bank | Grove City | PA | $420,753 | 10.75% | 3.2 | NNN | 1% annually | Closed | Citizens Bank | Philadelphia | PA | $850,000 | 11.48% | Unknown | NNN | Unknown | Closed |
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