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Citizens Bank 205 E Waterfront Dr 5,665 sq ft 100% Let Retail Property Homestead, PA 15120 £3,253,808 (£574.37/sq ft) 5.75% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Corporate Guarantee | Investment Grade Tenant (Fitch: BBB+) | $217.5 Billion in Assets
- Situated Within The Waterfront Shopping Center | 4.9 Million Annual Visits
- Pittsburgh Suburb | 2.3 Million Metro Residents
- Absolute NNN Lease | 9 Years Remaining | 6% Rent Increases
- Large 1.47-Acre Parcel Along Waterfront Drive | Ample Parking
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Property Size
5,665 sq ft
Costar Property Class
B
Year Built
2005
Price
£3,253,808
Price per sq ft
£574.37
Yield
5.75%
NOI
£187,077
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.09
Total Plot Size
1.47 ac
Use Class
C1
Parking
55 Spaces (9.71 Spaces per 1,000 sq ft Leased)
Frontage
113 ft on E Waterfront Dr
AMENITIES
- Bus Route
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Second generation restaurant space with existing hood and walk-in cooler. Located near a bustling shopping area with high visibility at the Waterfront.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,111 sq ft | Restaurant | - | 30 Days |
1st Floor
| Size |
| 3,111 sq ft |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| 30 Days |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,111 sq ft |
| Space Use | Restaurant |
| Position | - |
| Available | 30 Days |
Second generation restaurant space with existing hood and walk-in cooler. Located near a bustling shopping area with high visibility at the Waterfront.
Bike Score®
Good for cycling (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0130-E-00050-0000-00 | Improvements Assessment | £642,150 |
| Land Assessment | £545,642 | Total Assessment | £1,187,792 |
PROPERTY TAXES
Parcel Number
0130-E-00050-0000-00
Land Assessment
£545,642
Improvements Assessment
£642,150
Total Assessment
£1,187,792
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Citizens Bank | 205 E Waterfront Dr
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