Citizens Bank Absolute NNN

Citizens Bank | Philadelphia, PA


Sands Investment Group is Pleased to Present Exclusively For Sale a 3,507 SF Citizens Bank Absolute NNN Asset in a Prime Location in Philadelphia, PA. Citizens Bank is an A-Credit Rated Tenant and Their Absolute NNN Lease Was Recently Extended through June of 2030, With a 2.5% Rent Increase in Each Year. This Citizens Bank Branch Has Operated For Over 17 Years and Boasts an Impressive Deposit Base in Excess of $108 Million Dollars. It’s Location in a Highly-Dense Area of Philadelphia Features Rents in Line With Other Local Retailers, Providing For a Sound Investment.

  • Citizens Bank Has an A- Credit Rating From S&P
  • Deposits in Excess of $108MM, One (1) of Only Four (4) Bank Branches in Northeast Philadelphia With Deposits Over $100MM
  • Citizens Bank Has Been the Tenant Since 2007 and Recently Exercised a 5-Year Option, Showing a Commitment to the Site
  • The Absolute NNN Lease is Attractive For a 1031 Exchange Buyer
  • The Rent is in Line With Other National Retailers in the Area, Proving to Be Replaceable
  • High-Density Walkable Location With a Growing Population of Seniors in the Immediate Area

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. #RB069072 BoR: Tom Gorman Lic. PA #RM424383

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Eastern Lofts | Philadelphia, PA


Sands Investment Group and Greysteel are Pleased to Present For Sale the Eastern Lofts Multi-Family in Philadelphia, PA. This Opportunity Includes Multi-Family apartments positioned in the highly sought after Brewerytown section of Philadelphia, providing residents with access to the neighborhood’s thriving dining and nightlife scene as well as attractions like the Philadelphia Zoo and Art Museum.

  • 37-Unit Urban Apartment Community Located on the Corner of Cecil B Moore Avenue and Glenwood Avenue in the Brewerytown Neighborhood of Philadelphia
  • Property Consists of 24 Two-Bedroom Units, 10 One-Bedroom Units, and 3 Three-Bedroom Units. Additionally, the Property Features 11 Commercial Spaces, 32 Garage Parking Spaces and 10 Storage Units
  • A New Owner Will Benefit From an In-Place 10-Year Tax Abatement Expiring in 2022
  • Property is Being Offered Free and Clear or With the Assumption of the In-Place Loan
  • Untapped Performance Upside – Rents at Nearby Renovated Apartment Buildings Achieve up to $700 Per Month More Than Those at Eastern Lofts
  • Desirable Location – Positioned in the Highly Sought After Brewerytown Section of Philadelphia, Providing Residents With Access to the Neighborhood’s Thriving Dining and Nightlife Scene as Well as Attractions Like the Philadelphia Zoo and Art Museum
  • Connectivity – Situated Within a Minute Walk to Various SEPTA Bus Routes; Residents Have Access to the SEPTA Route 15, a Streetcar Line That Runs Through Brewerytown and Connects Girard Station, Providing Residents Quick Access to Center City Philadelphia

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Medi-Home Healthcare NN Lease

Medi-Home Healthcare Building | Philadelphia, PA


Sands Investment Group is Pleased to Present For Sale the Medi-Home Healthcare NN Lease Medical Investment Located in Philadelphia, Pennsylvania. Built in 1910 and Renovated in 2003, This Property Has Three Years Remaining and a Five Year Option on a Double Net (NN) Lease With $180,000 in Yearly Rent. The Opportunity Provides For a Strong Investment in a Rapidly Expanding Area of Philadelphia on a Major City Artery in the Desirable Temple University Corridor CMX 3 Zone.

  • This Property Has 3 Years Remaining and a 5 Year Option on the Lease With $180,000 in Yearly Rent
  • Property Features 13,300 SF of Office Space
  • Located in the CMX 3 Zone, Which Allows For Up to 5 Floors of Office Space By Right and Up to 8 Floors With Special Bonuses; Property is Currently Only 2 Floors Above Grade
  • Property is Strategically Located on North Broad Street Which Sees Over 35,424 VPD
  • Roof Replaced in 2016 and Has a Transferable Warranty
  • Philadelphia is the 2nd Largest City on the East Coast and the 5th Largest City in America With Over 5,700,000 Residents
  • Nearby Temple University Hospital is a Nationally Recognized Academic Hospital
  • Centrally Located to a Majority of the Tenant’s Client Base, in the Temple University Corridor of North Broad Street

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. # RB069072

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Fast Pace Urgent Care | Philadelphia, MS


Sands Investment Group is pleased to present this Fast Pace New Construction Absolute NNN Lease located in Philadelphia, Mississippi.

  • 10 New Construction Fast Pace Urgent Care Clinics for Sale Individually or as a Portfolio
  • Corporate Guarantee from FP Urgent Care, LLC
  • Fast Pace Urgent Care Currently Operates Over 90 Clinics Across 3 States
  • Parent Company, Revelstoke, Recently Completed 23 Fast Pace Acquisitions Representing More Than $1.2 Billion of Total Enterprise Value
  • Ideal 1031 Exchange Opportunity
  • Long-Term Leases in Place with 12 Years Remaining
  • 1.25% Annual Increases
  • Philadelphia, Waynesboro and Magee Locations are an Absolute Triple Net (NNN) Lease Investment with Little to No Landlord Responsibilities – All Other Locations are Triple Net Leases with Landlord Responsible for Roof/Structure and Parking Lot (Structural Only)
  • Stable Regional Tenant Undergoing Rapid Growth
  • Most Clinics Are Located Along Regional Arterials with Fast Food and Other Surrounding Retail as Neighboring Tenants
  • Urgent Care is a $16 Billion Industry with 3.5% Annual Growth. Approximately 9,300 Clinics In Operation in the U.S as of Nov. 2015 Employing Approximately 73,000 Healthcare Professionals*

In Cooperation with JDS Real Estate Investment Services, Inc.

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

Dollar General

 

  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibility
  • Corporate Guaranteed
  • Five (5) x Five (5) Year Renewal Options
  • Investment Grade Tenant (Moody’s Baa2, S&B BBB-)
  • Within Walking Distance of the Philadelphia Municipal Airport
  • Located Along Philadelphia’s Main North-South Thoroughfare – Route 19
  • Very Limited Competition in the Area
  • Daily Traffic Counts of Approximately 10,000 VPD Along Route 19
  • Located Directly Across the Street from the Regional Northside Animal Hospital
  • Immediate Proximity to the Army National Guard Headquarters
  • Less Than 2 Miles From the Neshoba County Coliseum – A 5,000+ Seat Regional Entertainment Venue

In Cooperation with JDS Real Estate Services, Inc.,  Lic. # 21201