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301 Colonial Rd Harrisburg, PA 17109

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For Sale
$2,300,000

3,382 SF S&T Bank ground lease in Harrisburg, PA.

Property size:
3,382 SF
Lot size:
0.81 Acres

Property Features for 301 Colonial Rd

General Information

Size
3,382 SF
Lot size
0.81 Acres

Source: Sands Investment Group (SIG) - Corporate Agent Ross Staples

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

S&T Bank Ground Lease Asset

This 3,382 square foot property is a S&T Bank ground lease asset located at 301 Colonial Road in Harrisburg, PA. The lease is corporately backed with over 3 years remaining, providing a secured investment with zero landlord responsibilities. The lease features attractive annual rent increases of 12.5% every 5 years. The property is an outparcel of the Colonial Park Mall, which was recently purchased by a new owner. Nearby retailers include Costco, Target, Longhorn Steakhouse, Blaze Pizza, Red Lobster, Buffalo Wild Wings and Chick-fil-A. S&T Bank is one of the largest banks in Pennsylvania with over $9.5B in assets and 75 branches across PA, OH, etc.
Insight Report Location Intelligence

Current Use by Public Records

S&T Bank Bank

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Harrisburg
County
Dauphin
State
Pennsylvania
Longitude
-76.822417
Latitude
40.304721

FAQs

What type of property is this?
Bank - 3,382 SF S&T Bank ground lease in Harrisburg, PA.
Where is this bank located?
The property is located at 301 Colonial Rd Harrisburg, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: - Corporately backed ground lease with over 3 years remaining, providing a secured investment.; - Zero landlord responsibilities.; - Attractive annual rent increases of 12.5% every 5 years.
More about this property
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