Key Bank Ground
For Sale
Contact for pricing
Pending
101 West Ridge Pike, Plymouth Meeting, PA 19428
Bank property with an existing ground lease and additional renewal options.
Property SizeContact for details
Days on Market142
Property Features for 101 West Ridge Pike
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This Key Bank property at 101 West Ridge Pike in Plymouth Meeting includes approximately 3,270 square feet of building area on roughly 0.95 acres. The asset is structured as a ground lease and supports an established banking use.
The initial 10-year lease began in 2007 and has approximately 10 years remaining. The lease provides one five-year renewal option followed by one four-year-and-eleven-month option. Contractual rent increases of 10 percent occur every five years during the base term and continue through the renewal periods.
The initial 10-year lease began in 2007 and has approximately 10 years remaining. The lease provides one five-year renewal option followed by one four-year-and-eleven-month option. Contractual rent increases of 10 percent occur every five years during the base term and continue through the renewal periods.
Key Highlights
- Approximately 3,270 square feet of building space
- Roughly 0.95 acres of land
- Key Bank ground lease at 101 West Ridge Pike
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
399k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 41%
Dining 18%
Superstores 14%
Shops & Services 10%
IKEA
Home Improvements & Furnishings
71,739 visits/mo
0.5 miles
BJ's Wholesale Club
Superstores
54,890 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
44,538 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
36,699 visits/mo
0.2 miles
Best Buy
Electronics
33,199 visits/mo
0.4 miles
Demographics for 19428, PA
19,690
Population
10,032
Households
2
Avg Household Size
36
Median Age
66%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
2,697
Density / Sq Mi
$116,566
Median Household Income
$73,713
Median Earnings
$1,900
Median Rent
$445,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Bank property with an existing ground lease and additional renewal options.
Where is this bank located?
The property is located at 101 West Ridge Pike Plymouth Meeting, PA.
What are key features of this property?
This property features: Approximately 3,270 square feet of building space; Roughly 0.95 acres of land; Key Bank ground lease at 101 West Ridge Pike
